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Buhari said: “We are working night and day to diversify the economy so that we will never again have to rely on one commodity to survive

President Muhammadu Buhari has received the report of the 22nd Nigerian Economic Summit from the organisers.

Chairman of the Nigeria Economic Summit Group, Mr Kyari Bukar, presented the report to President Buhari yesterday at the closing of the

e event. The report was received ono behalf of the president by the Minister of Budget and National Planning, Senator Udoma Udo Udoma. President Buhari said the Federal Government would release a long-term National Development Plan before the end of 2016 to address the current economic crisis. He said the plan would articulate all programmes and plans from every sector of the economy.

Buhari in his statement said..“This comprehensive document will set out in one publication all the various sector plans which have already been adopted by the present administration.

“It will consolidate and harmonise all the sectoral plans in a single document and set out in broad detail an integrated roadmap for the growth and sustainability of the country’s economy.

“The document will make it easier for the general public to easily access government’s overall economic agenda.”
President Buhari said that the  country was already going through a challenging period in 2015 when he assumed office.

He said that his administration had come up with the Strategic Implementation Plan which was released early in the year.

He said: “Unlike the SIP, the new document that we will be releasing shall be more comprehensive and present clear roadmap for all the sectors.”

 Buhari said: “We are working night and day to diversify the economy so that we will never again have to rely on one commodity to survive as a country so that we can produce the food we eat, make our own textiles, and produce the things we use.

“We are working to create the right environment for our youths to be able to benefit and create jobs through technology.”

The president opened the summit on Monday and expressed his desire to see Nigeria more from an import dependent economy to being self-sufficient.

punch

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