Nige­ria learn­ing hard on econ­omy— Buhari

Daily Trust - - NEWS - By Isi­aka Wak­ili

Pres­i­dent Muham­madu Buhari has ad­mit­ted that Nige­ria is learn­ing the hard way on her econ­omy.

He spoke yes­ter­day at the Aso Rock Pres­i­den­tial Villa in Abuja while re­ceiv­ing a spe­cial en­voy from the Pres­i­dent of Is­lamic Repub­lic of Iran, Mo­ham­mad Javad Zarif, who is also the coun­try’s For­eign Af­fairs Min­is­ter.

“In Nige­ria, we are learn­ing. We are learn­ing the hard way through hard­ship, and we are learn­ing very quickly on how to ex­plore other sec­tors of the econ­omy like gas, solid min­er­als and agri­cul­ture for growth,” Buhari said.

He added that his ad­min­is­tra­tion was work­ing to tackle Nige­ria’s eco­nomic chal­lenges within a short pe­riod by un­der­study­ing the ex­pe­ri­ences of coun­tries like Iran, which ac­cord­ing to him, thrived in ad­ver­sity.

Buhari noted that the Ira­nian econ­omy re­mained an in­spi­ra­tion to Nige­ria in the de­ploy­ment of tech­nol­ogy to har­ness and ex­port gas, grow food for the pop­u­lace and pro­mote en­trepreneur­ship in education.

He said: “The progress made by Iran within a short pe­riod of 30 years is re­ally com­mend­able. Within the pe­riod, you’ve been able to har­ness gas flar­ing and you’re now ex­port­ing. You’ve recorded strides in se­cu­rity, man­u­fac­tur­ing, agri­cul­ture and tech­nol­ogy. You’ve also achieved a lot in nu­clear re­search.”

The pres­i­dent con­grat­u­lated Iran for suc­cess­fully ne­go­ti­at­ing with the United States and Euro­pean coun­tries on the de­vel­op­ment of its nu­clear en­ergy.

Buhari main­tained that Nige­ria had all the po­ten­tials for grow­ing into a great econ­omy through more in­clu­sive plan­ning, con­sis­tency in govern­ment poli­cies and com­mit­ment to the re­al­i­sa­tion of de­vel­op­ment tar­gets.

He thanked the Ira­nian en­voy for his sup­port and co­op­er­a­tion in open­ing up the Nige­rian econ­omy for di­ver­si­fi­ca­tion.

Zarif, in his re­marks, told Buhari that the Ira­nian govern­ment would sup­port the on­go­ing re­struc­tur­ing of the Nige­rian econ­omy.

“We’re very keen to see a bet­ter and stronger re­la­tion­ship with Nige­ria, which is the largest coun­try in Africa and a ma­jor global player,” he said.

He said he came to Nige­ria with a del­e­ga­tion of more than 70 mem­bers of the Ira­nian busi­ness com­mu­nity who had started dis­cus­sions in in­vest­ing in such sec­tors as bank­ing, education, schol­ar­ship, agri­cul­ture, en­ergy, tourism and tech­nol­ogy.

Photo: Macjohn Akande

From left: Ad­min­is­tra­tor, Na­tional Ju­di­cial In­sti­tute Jus­tice Ros­aline Boz­imo; Chief Jus­tice of Nige­ria, Jus­tice Mah­mud Muhammed and Imo State Chief Judge Jus­tice Paschal Nnadi dur­ing a work­shop on re­search, ju­di­cial and le­gal as­sis­tance in Abuja yes­ter­day.

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