OIL EXPORTS WILL NO LONGER SUFFICE, IT’S TIME TO GO BACK TO THE LAND, PRESIDENT BUHARI DECLARES

President Muhammadu Buhari said Friday in
Abuja that the time has come for Nigerians to
do more than pay mere lip service to
agriculture, as crude oil and gas exports will
no longer be sufficient as the country’s major
revenue earner.
President Buhari made the declaration at an
audience with Dr Kanayo Nwanze, the Nigerian
born President of the International Fund for
Agricultural Development (IFAD), at the
Presidential Villa.
“It’s time to go back to the land. We must
face the reality that the petroleum we had
depended on for so long will no longer suffice.
We campaigned heavily on agriculture, and we
are ready to assist as many as want to go
into agricultural ventures,” the President said.
The President pledged that his administration
will also cut short the long bureaucratic
processes that Nigerian farmers had to go
through to get any form of assistance from
government.
He told the IFAD President that improvement
of the productivity of farmers, dry season
farming, and creative ways to combat the
shrinking of the Lake Chad will also receive
the attention of his administration.
“There is so much to be done. We will try and
articulate a programme and consult
organizations like IFAD for advise,” the
President said, adding that foreign exchange
will be conserved for machinery and other
items needed for production, “instead of using
it to import things like toothpicks.”
Dr Nwanze congratulated President Buhari on
his victory at the general elections and
assured him that IFAD was ready to give all
possible assistance to the Federal Government
and Nigerian farmers to boost agricultural
production in the country.
IFAD is an international organization
dedicated to addressing issues of agriculture
and poverty alleviation. It was established in
1978, and has been collaborating with Nigeria
for over 30 years.
Femi Adesina
Special Adviser to the President
(Media & Publicity)

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