Nigeria’s Economy: We Must Produce Our Food Locally – Buhari


Nigeria must abolish importation of food items which can be locally produced as continued importation of food would gravely affect the country’s economy and put its industrial activities at risk, President Muhammadu Buhari has admonished.

To actualize this objective, President Buhari said his administration has set out to implement policies that will revive Nigeria’s agricultural sector and reposition it as the mainstay of the national economy.

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The president spoke while granting audience to the new Bulgarian Ambassador to Nigeria, Mr. Vesselin Blagoer Delcher and others who were in at the Presidential Villa on Thursday to present their Letters of Credence to him.

The President also noted that importation of food contributed to the depletion of the country’s foreign reserves and deprived citizens of job opportunities.

According to the nation’s number one citizen:

‘‘We must produce what we eat. We don’t have unlimited resources to continue the importation of food items that can be produced locally. Fortunately, some Nigerians have shown foresight by building factories that process agricultural products within the country. They have created a value chain that boosts employment, protects our foreign reserves and safeguards the economy from external shocks.

“Therefore, we will do all that we can to encourage others to join in the effort to achieve national self-sufficiency in food production.”

The President said that his administration would encourage Nigerian farmers to adopt modern, technology-driven methods that guarantee higher production and returns on investment.

A statement by the presidential spokesman, Mr. Femi Adesina added that President Buhari also received Mr. Paul Lehmann, the new High Commissioner of Australia, Hajiya Afsatu Olayinka Ebiso-Kabba, the new High Commissioner of Sierra-Leone and Thordur Aegir Oskarsson, the new Ambassador of Iceland.

According to the statement, the president stated that Nigeria would welcome the further strengthening of relations with their countries, especially in the areas of agriculture, solid minerals and trade. The President also wished the four envoys successful tenures in Nigeria.

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