Nigeria’s economy bouncing back – Buhari

President Muhammadu Buhari on Thursday disclosed that the nation’s economy was gradually recovering from the current economic recession.


Buhari made the disclosure when he received the outgoing Ambassador of the Royal Embassy of Saudi Arabia, Fahad Bin Abdullah Sefyan at the Presidential Villa, Abuja.


In a statement signed by his Special Adviser on Media and Publicity, Femi Adesina and sent to newsmen said, “Noting that the last farming season was quite good, and the Nigerian economy was gradually reviving, President Buhari said the two countries would have more areas to collaborate in future.”

The President stated that the relationship between Nigeria and Saudi Arabia is a mutually beneficial one, which should grow stronger in the years to come.

Insisting that both countries enjoy strong ties, Buhari noted that apart from visiting Mecca and Medina for religious reasons, a lot of Nigerians are in Saudi Arabian universities.

“I quite appreciate the relationship between the two countries,” the President said.


On his part, the outgoing Ambassador who spent 20 months on tour of duty, said he loved it in Nigeria and would have wanted to stay longer if not that he was now due for retirement.

Commending Buhari for visiting Saudi Arabia in February 2015, Sefyan said there should be reciprocal visits between the leaders of both countries.

Speaking on the issue of security in Nigeria, the outgoing Ambassador observed that the President is doing well.

“I think you are doing very well, Your Excellency. We know what you have done with Boko Haram, and we applaud you,” he said.
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  1. How is it bouncing back? With the high cost of living? Abeg make we hear word. We will bear till next election no problem.We will take our mandate with our voters card. APC has failed us,thank God they was a difference. We prefer you to return the economy back to may 2015 when u met the price of fuel N97-145,Dollar N190-380,Garri N150-1000,Rice 8000-18000..etc can not measure. You have crippled the economy with your old opaque ideas,same as 1983-85. The 50days that you left was a little difference by Osibanjo. Please dont die,but go on a sick leave so that Osibanjo can take things back in shape.

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    1. Yes ooo good one. APC are so unorganized.One problem to another,one story to another.

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  2. Yessooo baba. No more importation of rubbish. All d money for importation are now for Nigerians to share. Unfort only those who have value to create are making money. No.more free money. God bless u sir. The roads are returning, airports, forex reserve rising, TSA, education, farmers have become merger rich. Only d lazy are complaining..

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  3. Yes. Thank you baba. Some laymen think that economic interventions and policies can achieve economic gains overnight. It doesn't work like that in any economy; it's achieved gradually and sustainably

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    1. But people ate suffering overnight under your sai baba....... Wake up!

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  4. Read the story very well. The only way Buhari will boost economy is to collaborate with Saudi Arabia.
    His islamic agenda is still very hot in his mind.
    Nigeria will redecide in 2019.
    Let's just endure Buhari Now

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  5. Bouncing back?. Na you do am. Please, stop riding on Osibanjo's achievements. The VP is an example of a man that Thinks

    ReplyDelete

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