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My Strategy To Boost The Economy, By Buhari - Politics - Nairaland

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My Strategy To Boost The Economy, By Buhari by honeywealth75(m): 9:18am On Mar 31, 2016
President, others hail Tinubu at 64

President Muhammadu Buhari yesterday told Nigerians to expect more action from his administration, saying it will trigger the kind of economic growth that will lift millions out of poverty.

He said although some Nigerians had become disoriented and impatient, all barriers are surmountable.

The plan is basically to:

diversify the economy, which Buhari said could no longer be a slogan but a necessity; and
use agriculture to save foreign exchange and pull many out of poverty

Buhari, who chaired the Eighth Bola Tinubu Colloquium in Abuja, said despite tough fiscal times, his administration will continue to make substantial investments in human capital development

He highlighted his key plans as follows:
Self-sufficiency in the foods that Nigerians consume the most;
Stoppage of $11billion annually to import wheat, rice, sugar and fish;
No more unbridled expenditure of foreign exchange on things we can grow at home must stop;
N40 billion set aside for rice and wheat farming under an Anchor Borrowers Programme;
Economic diversification now a necessity for Nigeria;
Substantial investments in human capital development;
Economic growth to be broad-based and not for the few at the top anymore;
Long-term plan for food security to end injustice of hunger for Nigerians;
To mobilise private capital to support the Government’s investments in the agricultural sector;
Social investment policy including school meals to remain despite austerity measures; and
Nigeria will produce what it eats henceforth
The key strategy of the Buhari administration is to make the nation self-sufficient in the foods that Nigerians consume the most.


He said: “The theme for this year could not have been better chosen. As the nation grapples with decades of dependence and profligacy of natural resources, and the coincidence of shrinking of oil prices, the chickens have indeed come home to roost.

“Diversifying the economy can no longer be a slogan. It has become a necessity.
“Economic growth cannot just be for the lucky few at the top, it has to be broad-based, for every Nigerian citizen, and a good place to start is with the agricultural sector.

We face urgent challenges – tackling insecurity, creating jobs, addressing the country’s balance of payments and stimulating and sustaining national economic recovery.

But even as we deal with these issues, I know it is also important, and indeed critical to focus on the pressing challenge that confronts some millions of our men, women and children around the country — the injustice of hunger and the need for long-term food security.”

He listed the trouble with the sector as low productivity and poor infrastructure, weak market access as well as weak market institutions.

“Nearly all our crop-based farming activities are dependent on rain-fed agriculture, and this makes our agricultural productivity entirely vulnerable to the effects of climate change,” Buhari said.

He pleaded with Nigerians not to be discouraged or disillusioned.
He said: “And I know there will always be some skepticism. Some have become disoriented and impatient enough to think that barriers are insurmountable. But the people in this hall disagree.

“Anyone who claims great change is impossible can only look at the extraordinary successes that Nigerians have achieved. “Despite the odds, we have incredible examples of entrepreneurs who have set up processing facilities, green house farming, commercial off-taking systems and retail chains.

“We can achieve more with partnerships that link up and scale our respective efforts. I am declaring that we need a new approach that challenges more state and local governments, more organisations, more companies, more development partners, more NGOs, challenges individuals — some of the young people who are here and in our nation— to step up and play a role — because government cannot and should not do this alone. This has to be all hands on deck.

“As the wheel starts turning in the direction of progress, we must stay committed knowing we can do this. We just need to bring it all together.

“We can unleash the change that makes agriculture work for our people and our nation. We can trigger the kind of economic growth that lifts millions out of poverty.
“This is the renewed commitment that we are making. As I declare the Eighth Bola Tinubu Colloquium open, I want to pledge to you today that our commitment to agriculture will remain a priority for this government.”


http://thenationonlineng.net/strategy-boost-economy-buhari/

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Re: My Strategy To Boost The Economy, By Buhari by SUPERPACK: 9:21am On Mar 31, 2016
sai buhari
Re: My Strategy To Boost The Economy, By Buhari by Opinedecandid(m): 9:25am On Mar 31, 2016
Too bad, nothing extra ordinary said.
Re: My Strategy To Boost The Economy, By Buhari by Tallesty1(m): 9:25am On Mar 31, 2016
“Diversifying the economy can no longer be a slogan. It has become a necessity.
“Economic growth cannot just be for the lucky few at the top, it has to be broad-based, for every Nigerian citizen, and a good place to start is with the agricultural sector.
Says someone who's exploding oil in the North

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Re: My Strategy To Boost The Economy, By Buhari by Alimtoheeb(m): 9:30am On Mar 31, 2016
Implementing operation feed the Nation. We have to be pragmatic cus i believe if implemented, not only will it boost our economy, but increase job opportunity..,..GOD BLESS NIGERIA
Re: My Strategy To Boost The Economy, By Buhari by Alimtoheeb(m): 9:32am On Mar 31, 2016
Its just a matter of time......despite the fact that this man is trying his best to do his part in lifting Nigeria, there are some bad belle giving theirself headache ontop his success.....
Re: My Strategy To Boost The Economy, By Buhari by Xionez(m): 9:37am On Mar 31, 2016
There is a school adage that says
"photocopying handout doesnt mean you will pass exams"


Oga Presido, broadcasting this piece doesnt mean it will get fully implemented. 1 year has gone too soon. It remains to be seen if the remaining 3 years is enough to turn things around.

I just pray your cabinet, clique and members of the party will agree to your aspirations and tender their loyalty and attention towards actualizing this goals.

But then again, this is Nigeria!
Re: My Strategy To Boost The Economy, By Buhari by Nobody: 9:42am On Mar 31, 2016
I trust in the President, we are expectant wink
Re: My Strategy To Boost The Economy, By Buhari by honeywealth75(m): 9:45am On Mar 31, 2016
Mr President i dont need to care about the reactions of the wailers association, i believe u sir..

I know with time Nigeria will get to the promise land. This is God's own country.

1 Like

Re: My Strategy To Boost The Economy, By Buhari by mideactive: 10:01am On Mar 31, 2016
We'l eventually be d ones to loose more if mr president fails,It 'l be foolish 4 us as citizens not to support mr president wit all we'v got.I don't knw how a football team n its manager can survive witout d supporters.if we av 2 criticize,it has 2 be constructive.I see mr president doing fine but,we'v got 2 support him.
Re: My Strategy To Boost The Economy, By Buhari by Standing5(m): 10:35am On Mar 31, 2016
Thank God the man isn't towing the cassava bread path.

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Re: My Strategy To Boost The Economy, By Buhari by SamuelAnyawu(m): 10:46am On Mar 31, 2016
When?
Re: My Strategy To Boost The Economy, By Buhari by BlackTechnology: 10:52am On Mar 31, 2016
Is Buhari still campaigning

if yes, what position.?






#YorubasWhoVotedBuhariHaveBeenScammed

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Re: My Strategy To Boost The Economy, By Buhari by naijaboy756: 11:02am On Mar 31, 2016
Dear dull one, what exactly where you doing all the past 12 years you were contesting? You were contesting for contesting sake? 1 year into your administration and you are still trying to formulate strategy. No wonder you are called the dullest one

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