Buhari Reassures Nigerians Of Revamping Economy In New Year - EDU-BIZNEWS

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Friday, January 1, 2021

Buhari Reassures Nigerians Of Revamping Economy In New Year




President Muhammadu Buhari has re-assured Nigerians of his administration committment to revamping the economy from its present state of recession ,through the diversification agenda of the government  which focuses on Agriculture, to achieve national food self-sufficiency in this new year 2021.

He also explained that the reform in the power Sector would expand generation and distribution of electricity to home and factories to boost activities in the economy.

Buhari gave the assurance on Friday in his 2021 New year's broadcast to the nation monitored  by EduBiznews 
 
According to him, the diversification agenda has helped reduced the related inflationary figures and impacted positively on the nation's food security, particularly during the long period of lockdown arising from the coronavirus pandemic.

"Our focus is on revamping the economy through the national economic diversification agenda that supports the primary goal of national food self-sufficiency. This has helped reduce the growing food related inflationary figures and have in considerable measure positively impacted our food security status during the long months of the pandemic lock down."

" We are also currently rebuilding our national infrastructure base and, in the process, introducing transformation through the rehabilitation, modernization, and expansion of the railway system, national roads and bridges both in rural and urban centres, alongside the airports and seaports"

" The reforms we have put in place in the power sector would guarantee increased efficiency in our drive to significantly expand the generation and distribution of electricity for use in homes and factories."

The president added that his administration was currently undertaking series of special Intervention designed to boost job creation and support the entrepreneurial drive of  Nigerian Youths.


"As an administration we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths", he stated 

On the re-opening of Nigeria's land borders,Buhari sounded it clear to West African neigbours that only the country is only open to those willing to conduct business in fair and equitable way.

"With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce"

"The message to our West African neighbours is that Nigeria is once again fully open for those willing to conduct business in a fair and equitable way."

Buhari also reaffirmed his administration commitment to Nigerian Youths whom he described as the nation's most "valuable natural resources"

His words "I wish to also use this occasion of New Year to reaffirm my commitment to the people of Nigeria, especially the youth who need our collective encouragement and support. In securing this nation we need to secure the future of our youth". 

"Our young people are our most valuable natural resource, at home and abroad. Their ingenuity, creativity, innovation and entrepreneurial spirit is evident to all. Many of our young people are excelling in various spheres of life including sports, entertainment, information and communication technology, commerce and are globally recognized as achievers", the president stated.

 He assured that government would create enabling environment for Youths to thrive in their various businesses, especially in agriculture sector and entertainment industry. 

"As a Government we are committed to actively engaging with the creative energies of our young people. In this regard, we will partner with the legislature to develop an enabling environment to turn their passions into ideas that can be supported, groomed and scaled across regions. This will create vast opportunities in fintech, agriculture, business process startups and in the entertainment industry".

President Buhari pledged to rekindle hope of Nigerians in ensuring a secured and united country in 2021.

"The year 2021 will indeed be a year where we will work to reinforce the hopes of fellow Nigerians in the vision of a united and progressive Nigeria. This administration would continue focusing on delivering key strategic priorities under our “SEA” – (Security, Economy and Anti-Corruption) Agenda"

On the insecurity challenges confronting the nation, Buhari vowed to reorganize the security apparatus for a more effective performance.

" Re-energizing and reorganizing the security apparatus and personnel of the armed forces and the police with a view to enhance their capacity to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities in some parts of the country.",he assured.

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