Buhari Serious with Economic Diversification—Adesina

April 7, 2017
Buhari Serious with Economic Diversification—Adesina

Buhari Serious with Economic Diversification—Adesina

By Dipo Olowookere

Special Adviser to President Muhammadu Buhari on Media and Publicity, Mr Femi Adesina, has disclosed that the President’s economic diversification policy was more than a mantra.

Mr Adesina made this known on Thursday in Abuja when he received a delegation led by the Grand Patron of National Association of Nigerian Students (NANS), Mr Eze Ebere.

“President Buhari’s commitment is more than a mantra, and the reality will soon become evident to all,” he said.

He further said ongoing efforts to diversify the economy will yield positive results, unlike previous years of promises and experimentation.

Mr Adesina told his guests that the vision to diversify the economy had taken more than 40 years, with many missed opportunities, adding that President Buhari would go beyond the rhetoric to cut down dependence on a single commodity.

He said the President had been concerned about the volatility of oil prices in the international market, and many years of shock to the Nigerian economy, resulting in slowed development.

“Nigeria succeeded in making itself a mono-economy over the years due to over dependence on oil, and President Buhari is determined to ensure that it will no longer remain the same.

“The President has already launched an economic recovery plan, with a strong emphasis on diversification through agriculture and mines exploration,” he said.

Mr Adesina said the President’s purposeful drive, single-mindedness and simplicity in approaching issues will put an end to more than 40 years of trying to break the jinx of a mono-economy.

Earlier in his remark, Mr Ebere said Nigerian students commend the President’s courage in fighting corruption, and winning the war against insurgency in the North East.

The Grand Patron noted that Nigerian students had been praying for the wellbeing of the President, and would continue to do so.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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