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Oil exports will no longer suffice, it’s time to go back to the land, President Buhari declares

Gen. Muhammadu Buhari (rtd)

President Muhammadu Buhari said Friday in Abuja that the time has come for Nigerians to do more than pay mere lip service to agriculture, as crude oil and gas exports will no longer be sufficient as the country’s major revenue earner.

President Buhari made the declaration at an audience with Dr Kanayo Nwanze, the Nigerian born President of the International Fund for Agricultural Development (IFAD), at the Presidential Villa.

“It’s time to go back to the land. We must face the reality that the petroleum we had depended on for so long will no longer suffice. We campaigned heavily on agriculture, and we are ready to assist as many as want to go into agricultural ventures,” the President said.
The President pledged that his administration will also cut short the long bureaucratic processes that Nigerian farmers had to go through to get any form of assistance from government.
He told the IFAD President that improvement of the productivity of farmers, dry season farming, and creative ways to combat the shrinking of the Lake Chad will also receive the attention of his administration.
“There is so much to be done. We will try and articulate a programme and consult organizations like IFAD for advise,” the President said, adding that foreign exchange will be conserved for machinery and other items needed for production, “instead of using it to import things like toothpicks.”
Dr Nwanze congratulated President Buhari on his victory at the general elections and assured him that  IFAD was ready to give all possible assistance to the Federal Government and Nigerian farmers to boost agricultural production in the country.

IFAD is an international organization dedicated to addressing issues of agriculture and poverty alleviation. It was established in 1978, and has been collaborating with Nigeria for over 30 years.


Femi Adesina

Special Adviser to the President

(Media & Publicity)

August 7, 2015

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