Nigeria needs to diversify the economy – Buhari

President Muhammadu Buhari says the time has come for Nigeria to diversify its economy and break away from its over dependence on oil.

Buhari made the remark on Monday while declaring open the 22nd Nigeria Economic Summit Group (NESG) in Abuja.

“I am so delighted that you have chosen as your theme Made-in-Nigeria, which lies at the heart of so many of the efforts we are making to lead us through these troubled times and to lay a firm foundation for the future.

“We need to diversify the economy so that we 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, produce most of the things we use and create the right environment for our young people to be able to innovate and create jobs through technology,” he said.

He said the way to move the country out of the current economic recession was to patronise Made-in-Nigeria goods.

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