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Buhari’s economic programme will work: Adesina
 
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Thu, 6 Apr 2017   ||   Nigeria,
 

Ongoing efforts to diversify the Nigerian economy will yield positive results, unlike previous years of promises and experimentation, said Mr. Femi Adesina, Special Adviser to President Muhammadu Buhari on Media and Publicity, Thursday in Abuja.

Adesina told a delegation led by the Grand Patron of National Association of Nigerian Students, Amb. Eze N. Ebere, that ‘‘President Buhari’s commitment is more than a mantra, and the reality will soon become evident to all.’’

The Special Adviser told the delegation that the vision to diversify the economy had taken more than forty years, with many missed opportunities, adding that President Buhari would go beyond the rhetoric to cut down dependence on a single commodity.

Adesina 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.

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

 

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