Nigeria determined to stop food importation – President Buhari

President Muhammadu Buhari with Akinwunmi Adesina, President of the African Development Bank, AfDB and Minister of Finance, Kemi Adeosun
President Muhammadu Buhari with Akinwunmi Adesina, President of the African Development Bank, AfDB and Minister of Finance, Kemi Adeosun

Nigeria has the people and the resources to surmount her economic problems, President Muhammadu Buhari has assured.

Receiving President of the African Development Bank, ADB, Akinwunmi Adesina, at State House, Abuja, on Monday, President Buhari said: “God has given us people and resources. It will take hard work on our part, but we will make it. We will get out of our problems. We are determined to produce what we eat, and stop importation. We will also chase those who stole, and get them to refund.”

The President said the country appreciates helping hands being lent by the ADB, assuring Nigerian-born Mr. Adesina, who was the immediate past Minister of Agriculture, that “we will not let you down. Your country won’t disappoint you.”

Mr. Adesina appreciated President Buhari for the support the country gave when he ran for ADB presidency, thus making him the first Nigerian to occupy such position since the bank was established in 1964.

He also lauded the Nigerian President for successes recorded in securing the country, particularly in the North East, noting that “there can be no development without adequate security.”

The ADB boss described recent economic decisions taken in the country as “bold, tough, uncomfortable, but right,” adding that Nigeria would reap the dividends in the short and long run.

“You can count on the ADB as a true friend of Nigeria. You should support massive investment in infrastructure, and we are here to also support. Closing the infrastructure deficit will enable growth, and create employment. Nigeria is too big to fail,” Mr. Adesina said.

The ADB President unfolded the packages his institution has for Nigeria, which include; $1 billion of budget support, $300 million to create jobs for 185,000 youths, $250 million towards North East infrastructure development, $1 million grant to deal with challenges of Internally Displaced Persons (IDPs), $300 million for infrastructure development around Abuja, $200 million for Transmission Company of Nigeria (TCN) to deepen facilities, among others.

Mr. Adesina expressed delight with what he called “President Buhari’s push on anti-corruption, and stance on governance,” adding that building institutions was critical. To that end, he said ADB would give a total of $4.8 million as grant for institutional support, with the Economic and Financial Crimes Commission (EFCC) getting $2 million, and $1million to Independent Corrupt Practices and Other Related Offences Commission (ICPC).

“You can always count on my support, and that of the ADB,” he concluded.


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  • Rommel

    Great,this will surely help,institutions are now certainly sure that funds will be deployed for reasons why they were released and I am certain that Mr Adesina himself will be shocked with revelations from the government he served.

    • Iyanda

      Unfortunately, Mr Adesina was also one of the “intellectual rogues” in that government. I am a Federal civil servant so I am speaking from an informed perspective.

      • YOMBO

        Mumu, you are a federal civil rogue!

        • Abdulmojeed Nojeemdeen

          We know una. Qailers. Sorry! Mama go soon come. Sebi u go shop akamu

      • Abdulmojeed Nojeemdeen

        No doubt

      • wode

        It was the order of the day which very few people of strong character could resist. Virtually nobody believed or thought that the table could turn the way it currently is. But thank God, Who is always there and changes things at His appointed time.

  • Mickey Law

    President Buhari’s economic decisions – bold, tough, uncomfortable but right.

  • Olu from South Africa

    Our PMB flank by two illustrious “Nigerians”. Haters! look for a nearest dam and take a dive.

  • favourtalk

    I believe in this government and I am very sure that we will make things better in this country. Food is already in the market surplus again

  • Truth is bitter

    God is in control. Thank you Jesus.

  • Of course.. Nigeria will and must surmount the current hardships. We know that the strongest and most advanced economic and political superpowers were built on the foundation of democratic ideas. If Nigeria democracy was allowed to flourish in the past 50 yrs we would have built an African economic and political superpower. But Buhari and his generation of dictators had other ideas. They scuttled the very foundation of Nigerian democracy as they foisted themselves upon us. They turned Nigeria into a shadow of herself.