[size=17pt]Buhari’s economic reforms are bold – Obama[/size]


POSTED BY SEGUN ADEBOWALE ON SEPTEMBER 21, 2016 IN BUSINESS, ECONOMY, FEATURED | LEAVE A RESPONSE


Obama made the commendation when he met with Buhari on the sidelines of the ongoing 71st UN General Assembly in New York


President Barack Obama of the United States of America on Tuesday commended President Muhammadu Buhari’s economic reforms, describing them as “bold”.

Obama made the commendation when he met with Buhari on the sidelines of the ongoing 71st UN General Assembly in New York.

He said America would continue to offer support to Nigeria in the areas of agricultural development, recovery of stolen funds and the fight against Boko Haram.

He said America would put things on ground to sustain partnership and cooperation between the two countries.

He said: “We discussed broader issues on development and the President is taking some very bold economic reforms in allowing for a flexible exchange rate.
“We are focusing on agriculture and we pledged to offer all the assistance that we can in that area and as the president is trying to stamp out corruption and to recover external funds that may have been illegally obtained and are sitting in bank accounts around the world.

“As he continues to work to see that the security forces inside Nigeria are abiding professional and human right standards, what we have pledged is that we will partner in any way that we can be helpful.”

Obama, who spoke at a briefing after the bilateral talks, said his administration was carefully coordinating additional ways to make further progress in not only destroying Boko Haram but to ensure that the region fully recovered.

He said America was also willing to assist Nigeria to facilitate a reduction of the conflict in
the Niger Delta region.

He said: “America is willing to help in any way it can to facilitate a reduction of conflict in the Niger Delta region, a major oil-producing region, but one that has been mired by a number of militant organisations that have appropriated or siphoned off the oil revenues.

“The President, I think, is wisely heading a delegation to bring varying stakeholders together and try to make progress on that front. We want to be helpful in any way that we can.”

In his remarks, Buhari thanked Obama for the assistance rendered so far in the fight against terrorism, especially in the training of Nigerian military in both hard and software.

He said steady progress was being made towards resolving the problem in the Niger Delta region, which led to economic sabotage on a grand scale.

luvinhubby:
Desperate efforts to shore up Buhari's sagging popularity.

NgeneUkwenu:


Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..

NgeneUkwenu:


Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..

NgeneUkwenu:


Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..

CSTR2:
Was that how obama governed during america's period of recession ? Because he definitely wouldn't have won re-election following buhari's template.
I am sure obama must have said that as a tongue in cheek after-all he is already leaving the white house. No need for controversial comments.

nototribalist:
Buhari is so useless

modath:



Straight up!!! It's like the background noise in a marketplace.... both buyer and seller tune it out & proceed with their transaction.. #Ignoremode..

*sidebar*... There is one Ibo musician/ song; he raps and then goes "something something Ogene"....

I always remember you & that picture of two ladies trying to console a guy/stop him from jumping into a grave that you troll ya "friends" with.

Howdy?

Yorubamafia:
Obama doesn't know the reality on ground. People are dying of hunger while thousands are loosing their jobs. Buhari should get ready to relocate to daura in 2019 unless he fails to leave power peacefully like GEJ. This suffering is too much

CSTR2:
Ironically, the people on nairaland that wants him to continue are from regions suffering the worst impact of recession where people steal pot of amala and ewedu and other nonsense.

CSTR2:
[s]Obama is a western president, OKonjo iweala is a western -trained economist. IMF and the world bank are western.
I thought Nigerians don't trust and respects western opinion . Backward Illiterates[/s].

NgeneUkwenu:


Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

NgeneUkwenu:


Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..