Buhari is reviving Nigeria’s economy despite challenges – Lai Mohammed

Lai muhammed

Alhaji Lai Mohammed, Minister of Information and Culture, disclosed that despite the challenges faced by President Buhari’s administration, the President has steered the country in the right direction and returned the economy to a path of sustainable growth.

The Minister made this known at a meeting with the African Union Development Agency-New Partnership for Africa’s Development (AUDA-NEPAD) on Friday in Abuja.

The Minister also highlighted that experience, knowledge, tolerance, and patience drive President Buhari’s style of governance.

“We came into government in 2015, and by the time we came to government, three things happened, the impact of which we did not know. The first is that by the time we assumed office in 2015, a huge part of the North East was under the effective occupation of Boko Haram.

“When we came in in 2015, the economy had virtually collapsed. Oil prices crashed from a high of about $120 per barrel to about $28 a barrel. Production went from about 2.1 million barrels per day to about half a million barrels a day. These were the challenges we faced on day one when we came in,” he said.

“While we can have some basic tenets of governance, governance is a bit peculiar to the locality, and the kind of challenges we face will determine to a large extent the mechanism we are going to use to resolve them.

“I look at Nigeria as an extremely interesting project, especially in the last six years. I think the kind of challenges we faced as a government coming in, in 2015 till today will challenge the most resourceful persons,” he further stated.

According to Lai Mohammed, Buhari’s style of governance is based on experience, wisdom, tolerance, and listening to all sides of the issue to steer the country in a new direction after years of turmoil.

According to Lai Mohammed, FG is proud to say that it is not just diversifying its economy but has already done so. Citing the National Bureau of Statistics’ most recent report, he said the oil-related economy performed poorly. And he went on to say the federal government has intensified its efforts in the country’s fight against criminals like insurgency, banditry, and kidnapping.

Total
1
Shares
Leave a Reply

Your email address will not be published.

Total
1
Share