Categories: Economy And Business Headline

Economy: We Are Leaving Nigeria Far Better Than We Met It – Buhari

Contrary to the daily experiences of hungry Nigerians, who are experiencing high inflation, fuel scarcity, insecurity, ASUU strike, President Buhari has said his administration is leaving Nigeria far better than he met.

 

Newsonline reports that President Buhari disclosed this in an email interview sent to  Bloomberg on the state of the economy in line with his campaign promise on reviving the country’s economy.

 

“We leave Nigeria in a far better place than we found it. Corruption is less hidden for Nigerians feel empowered to report it without fear, while money is returned; terrorists no longer hold any territory in Nigeria, and their leaders are deceased, and vast infrastructure development sets the country on course for sustainable and equitable growth,” Buhari said.

 

READ ALSO: We Beg US, UK, International Partners To Proscribe IPOB – Buhari

 

Buhari said his administration has ensured that farmers-herders crises that have caused food insecurity in the country over decades have been put to rest through his administration’s Livestock Transformation Plan.

 

He said; “My administration is the only one in Nigeria’s history to implement a solution to decades-long herder-farmer conflicts, exacerbated by desertification and demographic growth. The National Livestock Transformation Plan, putting ranching at its core, is the only way to deplete the competition for resources at the core of the clashes. Governors from some individual states have sought to play politics where ranches have been established, but where they have been disputes have dramatically reduced.”

 

Buhari said the high cost of food prices would have been higher than what Nigerians are currently experiencing.

 

President Buhari said the Anchor Borrowers Programme of his administration was more instrumental in solving food inflation than what he met in 2015.

 

“We can only imagine what food inflation would be today had we not initiated organized programmes to boost domestic production. And still, we do not grow enough domestically.

 

“Initiatives such as the Nigeria Anchor Borrower’s programme, helping farmers compete against artificially lowered imports have boosted rice production to 9 million metric tonnes in 2021 from around 5.4 million metric tonnes in 2015. Even in the years of drought, rice production outstripped pre-2015 levels. Imports have fallen to near zero. We are making progress.”

Adekunle Adebayo

Recent Posts

  • Education

How To Check 2024 UTME Results Online And Via SMS With Phone

Details of how to check 2024 UTME Results online and via SMS with a phone…

2 hours ago
  • Crime Watch
  • Headline

BREAKING: CBN Bans Moniepoint, Opay, Kuda, Others Over Naira Manipulation

CBN banned Moniepoint, Opay, and Kuda, among some other online microfinance banks from taking new…

2 hours ago
  • Economy And Business
  • Headline

BREAKING: FG Deregulates Meter Prices, Set New Price For All Pre-Paid Meter Phases

FG has deregulated meter prices and also announced new price for all pre-paid meter phases…

2 hours ago
  • Top Stories

MultiChoice Prohibited From Raising DStv And GOtv Subscription Fees

MultiChoice has been prohibited from raising DStv and GOtv subscription fees.   NewsOnline Nigeria reports…

2 hours ago
  • Featured
  • Top Stories

Google Officially Opens Portal For Startups AI Accelerator Africa Program

Google has officially opened the portal for the Startups AI Accelerator Africa Program, apply below.…

3 hours ago
  • Headline

President Tinubu Set To Redeploy Adelabu, Matawalle, Other Underperforming Ministers

President Tinubu is reportedly set to redeploy Adelabu and Matawalle among other underperforming ministers in…

3 hours ago