ABUJA - Following the current economic downturn largely orchestrated by the drastic drop of crude oil prices, President Mohammdu Buhari has said that Nigeria was just managing to survive.
He also stated that the country was in a hurry to see projects take off in the agricultural sector to enhance food security and create jobs for teeming unemployed youths.
Buhari made the disclosure on Thursday in Abuja while receiving Ambassador Nasser Bouritaqa who visited him as a Special Envoy of King Mohammed VI of Morocco.
The president said that past leaders failed to save for the rainy, stressing that they took things for granted.
"For us in Nigeria, it is like starting all over again. There was a time we had so much money and took things for granted. But with the fall in the international price of oil, we are now managing," the President said.
The President welcomed the plan by Morocco to establish a fertilizer plant in Nigeria, which would not only serve the country, but the entire West African sub-region.
A statement by Mr. Femi Adesina, Buhari's media adviser stated that the envoy, who was also a Minister Delegate for Foreign Affairs and Cooperation, said his country had developed strategy to deal with religious extremism, and had largely been successful in fighting terrorism.
He also stated that the country was in a hurry to see projects take off in the agricultural sector to enhance food security and create jobs for teeming unemployed youths.
Buhari made the disclosure on Thursday in Abuja while receiving Ambassador Nasser Bouritaqa who visited him as a Special Envoy of King Mohammed VI of Morocco.
The president said that past leaders failed to save for the rainy, stressing that they took things for granted.
"For us in Nigeria, it is like starting all over again. There was a time we had so much money and took things for granted. But with the fall in the international price of oil, we are now managing," the President said.
The President welcomed the plan by Morocco to establish a fertilizer plant in Nigeria, which would not only serve the country, but the entire West African sub-region.
A statement by Mr. Femi Adesina, Buhari's media adviser stated that the envoy, who was also a Minister Delegate for Foreign Affairs and Cooperation, said his country had developed strategy to deal with religious extremism, and had largely been successful in fighting terrorism.
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