Due to the recurring fluctuations of the oil industry, Nigeria’s agricultural sector has been posed to enhance the country’s economic growth. President Muhammadu Buhari, whilst pointing to the improvements of the agricultural sector during his tenure, stated that the country’s agricultural revolution had catalyzed the creation of over 13 million direct and indirect jobs over the last seven and the half years. The President’s Spokesman, Mallam Garba Shehu in a statement, pointed that this information was disclosed by the president in an interactive session titled “A conversation with President Muhammadu Buhari” in Washington DC, USA.
This event, cohosted by the United States’ Institute of Peace (USIP), the National Endowment for Democracy, International Foundation for Electoral Systems, a well as the International Republican Institute, saw President Buhari advice the western countries not to hurriedly eliminate the usage of fossil fuel in ensuring a better climate. President Buhari also noted that Nigeria’s economy had registered immense growth over the last two quarters even in spite of the depressing outlook of the global economy and the effect of the Russian-Ukrainian war.
Buhari urges global media to objective in their reportage of Nigeria.
He also questioned the western countries on their frivolous travel advisories issuance on Nigeria and beseeched with the international media to be more objective with their representation of Nigeria. President Buhari overtly noted to the international media that in spite of the non-challenge of some friends and allies, Nigeria was being victorious in its fight against terrorism. He went on and added that Nigeria had further strengthened its mode of response to threats to its safety and survival. He however urged the United States to do more in enhancing the quality of governance in the West African region.
In narrating the economic processes implemented by his administration to further expand Nigeria’s economy, he stated that the idea of a focused venture in agriculture, as driven by the Central Bank of Nigeria, had transitioned Nigeria from being an overt importer of staple food like rice to being a self sufficient producer. This scheme, he added, had financed over 4.5 million smallholder farmers, ensuring the cultivation of about 6 hectares of farm and approximately the funding of 700 large-scale agricultural projects. He noted that Nigeria’s focus on agriculture positioned them in a better situation.
Non-oil industries, the future of Nigeria’s economy.
The non-oil industries was the future of Nigeria’s economy, urging successive governments to uphold the gains recorded by his administration. He noted that the Russian-Ukrainian crisis had held every country to an economic reform and readjustment of their policies in a bid to cope with the problems that the crisis had posed. The President again disclosed that Nigeria was working towards energy transmission and distribution through the use of a targeted collaboration with global organizations such as Siemens so as to enhance the power chain value efficiency.
President Bihari however agreed that the West African suburbs had been badly represented as a result of events in Lydia, Central Africa Republic and Sahel Republic. He then noted that Nigeria, as well as other regional bodies across Africa were working to salvage these existential threats to humanity. He then commended the efforts of the armed forces and multi-national joint task force for their demonstration of immense bravery in fighting terrorism and securing collective freedom across West Africa. He stated that regardless of the scarce resources, huge efforts was being pumped into a well-resourced military.
Nigeria to inaugurate new counter terrorism center.
He however noted that a stable and secure Nigeria was indispensable for overt peace and prosperity of Nigeria and Africa, as well as an important implication for global peace. President Buhari hence urged for a strategic partnership with the United States of America in a bid to curb common challenges like terrorism, climate change and ensuring overt democracy across Africa. He also disclosed Nigeria’s plan to inaugurate a new counter terrorism center that would serve the purpose of a counter terrorism hub across West Africa.
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