BreakingNews 28/8/16 - Buhari opens up economy to Japanese government

[ Masterweb Reports: Isiaka Wakili reports ] - President Muhammadu Buhari has requested for increased participation of the Japanese government and the private sector in the Nigerian economy.
 
Buhari made the request in Nairobi, Kenya, on Sunday while addressing journalists  at the weekend on the margins of the sixth Tokyo International Conference on African Development (TICAD VI).
 
He said Japan’s story of rapid economic growth, hardwork and advanced technology should encourage Africans to strive harder and solve its development challenges.  
 
He stated: "Japan has greatly advanced in technology, particularly in solar power, infrastructure to spur growth in medium and small-scale industries. Because of the advanced use of technology, farming and agriculture can become competitive.
Japan has the knowledge, technology and capital to assist African countries to develop and Japanese firms are in a very good position to successfully compete for the development of infrastructure in Nigeria."
 
The president said his administration would sustain concrete measures to diversify the economy by devoting more resources to agriculture in the 2017 budget.
 
According to him, "This year, in Nigeria, we started an aggressive farming programme that entails organising farmers into cooperatives in the second and third tier of government. We intend to put more resources in our 2017 budget,  especially in the procurement of machinery for land clearing, fertilizers, pesticides and training of less-educated farmers, as farm extension instructors.
 
"We've already registered some success this year in a number of states, we identified some 13 states that'll be self-sufficient in rice, wheat and grains before the end of 2018. We're very positive that soon, we'll be able to export these food products. We're also lucky that the farming season in the northern part of the country has been very good and we're expecting a bumper harvest this year."
 
*Photo Caption - President Muhammadu Buhari

 
 
html add here