Economy: Buhari is committed to inventing a new, prosperous Nigeria – Presidency On August 15, 20166:23 amIn News by adekunleComments By Levinus Nwabughiogu
ABUJA-The presidency has said that President Muhammadu Buhari is committed to inventing a new and prosperous Nigeria despite the current economic meltdown in the country. It also described as unfair the flood of criticisms which it said had greeted the government in recent times. The presidency spoke through an article by the senior special adviser to the president on media and publicity, Mallam Garba Shehu, “In Defence of President Buhari: Is This The Change We Voted For? Yes, It Is!” He said that Buhari’s critics had already forgotten the ruinous years of the People’s Democratic Party, PDP.
He said “When they ask the question, is this the change we voted for, the critic forgets how far we have come from the scam-tainted years of the PDP rule. “Unfair criticism of the Buhari administration especially on account of escalating prices of foodstuff and the liberalization of the currency exchange needs to be challenged before it overshadows the commendable job the President has done in fighting terrorism as part of overall effort to secure the country, reducing corruption and yes, arresting the economic slide before it sinks the nation.”
According Shehu, Buhari’s government would be commended for its effort to exterminate insurgency in the land and the eradication of corruption. He also said that the APC government under Buhari had reinvented a new image for the country abroad. “It is a proud moment for many citizens that the country is being perceived differently now that it has a different kind of leader creating a positive buss abroad, the kind of sentiment that can lead to foreign investments when properly capitalized upon. “Wherever they go these days, in London, Dubai, Beijing, Washington, New York or Tokyo, Nigerians get the good feeling of being asked the question, how is President Muhammadu Buhari?” “How many people have given a thought to the possibility of Nigeria doing something that the combined strength of Europe and America have failed to do? “There are many today who take for granted the declared victory over the Boko Haram terrorists, forgetting the reign of the bomber who made it almost impossible for regular attendance in Churches and Mosques in many of our cities, including the Federal Capital City, Abuja. “Victory over Boko Haram has brought peace not only to Nigeria but to the countries in the Lake Chad region”, he said.
The presidential media adviser regretted that president Buhari has not had it so good with prices of crude as was the case when he was the Head of State. He however believed that with the efforts of the president, coming months would herald goodness for the country. “In addition to hard work, all leaders need luck on their side to create what is sometimes seen as economic miracles. As leader, President Buhari never had the luxury of high oil prices as did his predecessors in office. “When he first emerged as the military Head of State, General Muhammadu Buhari saw oil price, the mainstay of the nation’s economy sank to as low eight Dollars a barrel. “He rolled up his sleeves, worked on diversification strategy of the economy only to be eased out of power just as they began to take hold.
Thereafter, his successors abandoned these efforts. “On his second coming, this time as a democratically elected leader, the collapse of oil prices has challenged President Buhari to quicken efforts towards the diversification of the economy with emphasis given to agriculture and solid minerals mining. “Every crisis, it is said, is an opportunity. Not so in Nigeria.
This is a country that inherited massive technological inventions from Biafra, yet failed to take it forward. We must not lose this opportunity to diversify the economy and our foreign earnings presented by the present oil crisis.
“As the country hopes for a bumper harvest this year, government is taking steps to ensure that no farmer will sell at a loss or fail to find markets for their harvests. Grain silos are being readied nationwide to receive excess produce for warehousing to ensure food security, avert market glut and price collapse. By this, government will ensure a minimum guaranteed price”, Shehu stressed.