Showing posts with label Buhari targets locally-made goods to overcome recession. Show all posts
Showing posts with label Buhari targets locally-made goods to overcome recession. Show all posts

Tuesday, October 11, 2016

Buhari targets locally-made goods to overcome recession

President Muhammadu Buhari on Monday said his greatest desire for the nation’s economy, currently in recession, was to move from import-dependence to self-sufficiency.
Buhari spoke at the 22nd Nigerian Economic Summit with the theme, ‘Made in Nigeria’, which was held in Abuja.
“My greatest desire is that Nigeria moves from import-dependence to self-sufficiency in local production and becomes an export-led economy in goods and services,” he said.
The President said ‘made- in-Nigeria’ goods were at the heart of many efforts his administration was making to lead the country through “this troubled times and lay a firm foundation for the future.”
He reiterated his position that the country must diversify the economy so that it would never again have to rely on one commodity to survive.