Buhari Reveals Nigeria's Biggest Mistake Since Inception

President Muhammadu Buhari
 
President Muhammadu Buhari has revealed Nigeria's biggest mistake which has hindered its growth over the years. The president revealed that Nigeria’s over-reliance on oil is the biggest mistake the country has made. He however assured that his administration is already working on a way forward. 
 
The president revealed this during a speech on Wednesday before the outgoing Iranian ambassador to Nigeria, Mr. Saeed Koozechi.
 
He said: “We made a terrible mistake by becoming a mono-product economy hinged on oil and we are now in a volatile situation, due to the crash in oil prices.

“We have seen the benefits of diversification which helped Iran to survive many years of sanctions and still come out strong.

“We are now fully committed to economic diversification. Most of the things on our import bills can be produced here. And we are determined to achieve that self-dependency.”
 
President Buhari commended the outgoing ambassadors for their efforts to strengthen bilateral relations between Nigeria and their countries during their tenure in Abuja. He assured that his administration will do its best to make things work for Nigerians.

Comments

Post a Comment

ORDER FOR YOUR FABRICS AND ACCESSORIES. +2348066186964

ORDER FOR YOUR FABRICS AND ACCESSORIES. +2348066186964
Buy

Popular posts from this blog

Girls Flash Their Breasts for 100 Dollars in the Street (Photo+Video)

Image
The girls were tricked into flashing their breasts for $100    A prankster has shared hilarious video of girls flashing their boobs for $100. The video which was uploaded on YouTube channel called PrankGenerator shows the host asking a lot of ladies in the street to show their boobs on camera for $100.      Although some were shy, they agreed but to their surprise, the money wasn't real and the whole thing was a set up prank. Some of the girls were pissed after learning of the trick. However, it was just a funny way to cool off the heat for many.   Watch video below:  
Read more

6 Reasons You Should Not Marry a Nigerian Girl

Image
They Don’t Value Us Any Nigerian man within the shores of this country hardly gets the due respect from ladies! Surprised? Just travel to just Ghana or Cameroun the only visa you need to win their love is just to say ‘am a Nigerian’ and  Boom! the ladies are all over you like bees to honey. If you now leave the shores of Africa to any European or Asian country….. u will be a demi god! Trust me So, the next time that babe gives you a wanton look, just save 20k and travel to at least Ghana or better still, get a visa. They are not the most endowed   Most Nigerian ladies , who manage to get a little curve in front or  behind them are usually so full of themselves even the “backless and front less babes” won’t even respond to a simple Hello! Meanwhile, they are not as endowed as their fellow African counterparts, if you doubt me, take a trip to Cameroun, Tanzania, Ghana and a host of other countries, you would need an ‘iron pant’ to keep your ‘guy’ in check....
Read more

Banky W Stuns in New Wedding Photos

Image
Banky W looks like the perfect groom with AMVCA 2016 best actress, Adesua Etomi   Nigerian singer, Olubankole Wellington aka Banky W is looking stunning in these new wedding photos. Everyone is really wondering what is really happening?   Well, many have confessed that AMVCA 2016 best actress, Adesua Etomi and Banky W are the perfect match after the singer released the pictures on his Instagram.   The photos were shot on the set of the #theweddingpartyfilm.   Banky on set with some of the film crew members
Read more

Bombing of 3rd Mainland Bridge, Bonga Field & More: New Militant Group 'Asawana Deadly Force' Emerges

Image
Photo of the Bakassi militant group in Akwa Ibom   Another new militant group,  'Asawana Deadly Force of Niger Delta'  (ADFND), have emerged yesterday in the oil rich Niger Delta region, threatening to cripple the oil industry across the nine Niger Delta states unless the President Muhammadu Buhari-led Federal Government grants them,  “Niger Delta Republic in the next couple of days.”    In a statement by its leader, Commander Olomubini Kakarakokoro, a.k.a No Mercy, the group said that:  “Except our demand for Niger Delta Republic is granted, without further notice to the Federal Government, we shall proceed to bomb Bonga field flow station, Asaba- Onistha Bridge, Third Mainland Bridge and other major bridges in the Southern part of the country, just for a start.  “The Federal Government should as a matter of urgency, withdraw all the military check points from the riverside areas of the Niger Delta, else we shall proceed to ma...
Read more

Checkout These Hilarious Pete Edochie Quotes

Image
Veteran actor, Pete Edochie   Veteran Nollywood actor, Pete Edochie was all over the place on Twitter as he trended. Many fans took the opportunity to write most of his numerous hilarious quotes. It was a day of fun and humour.   Checkout these hilarious 'quotes' by Pete Edochie.   
Read more

Angry Obafemi Awolowo University Workers Storm Campus With Mock Coffin

Image
The protesting workers with their mock coffin   The protesting workers under the aegis of Senior Staff Association of Nigeria University, SSANU, and Non Academic Staff of University, NASU, introduced a new twist yesterday in the Obafemi Awolowo University, OAU, Ile-Ife, Osun State.   According to Premium Times, the workers stormed the university with a mock coffin, baked and shared bean cake (Akara) to formally end the tenure of the Vice Chancellor, Prof ‘Tale Omole.   Prof. Omole, who officially ended a five year tenure as VC yesterday, had been at loggerheads with the two protesting unions since the process of appointing a new Vice Chancellor commenced.   The workers accused Omole of imposition, with the emergence of Prof. Ayobami Salami as Omole’s successor.   At the university’s campus yesterday, a mock casket with the inscription  “RIP Tale Omole”  was laid at scene of the protest while bean cakes were shared by s...
Read more

Residents in Shock as Man Dies While Having S*x With Married Woman

Image
A randy man having s*x with another man's wife has tragically died unaware that the woman's husband had laced her with a local charm.   A man has tragically dropped dead after having s*x with a married woman. Residents of the village could not believe it after the married Ntabazinduna man was found dead in the matrimonial bed of another villager. The tragedy happened in Zimbabwe.   According to B Metro , the adulterous woman with whom he was having s*x was forced to guard the corpse the whole night as she feared alerting other villagers about what had transpired at her homestead as it would bring her more shame. But, she was left with no choice than to call for help.   “Mrs Mbele and Dlamini’s relationship had been unconfirmed rumours. Mr Mbele who works in Bulawayo got to hear about the news and he fenced his wife resulting in Dlamini’s death" said a village source.   The source revealed events before the untimely death.   “...
Read more