Why Nigeria is disorganised – Buhari

President Muhammadu Buhari, on Tuesday, said Nigeria is disorganized largely because of its reliance on a mono economic product for too long.

According to him, with the fall of oil prices in the international market, the nation has no option but to return to agriculture and solid minerals.

According to a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, the President stated this when he received a team of members of the British  parliament at the State House, Abuja. The team was led by Hon. Chi Onwurah.

Lamenting the present situation,  President Buhari said where the nation found itself is another phase of development, “which is not a very welcome one. We are disorganized because we relied on mono-economic product for too long, and now that oil price is down, we have to go back to agriculture and solid minerals. Tin, columbite, cocoa, groundnut, and others, used to be the basis of our economy, but then, oil came, and everybody began to look for cheap money. Now, we need to start all over again.”

Read also: Buhari receives Liberian President, Pastor Adeboye, Ooni of Ife (Photos)

Speaking further, Buhari told the British parliamentarians that Nigeria expects a lot from Britain in her rebuilding process, due to the affinity shared by the two countries.

“We are going to rebuild Nigeria, and there are vast opportunities for Britain and us. We share very close ties, and our expectation from you is high.”

Hon. Onwurah, a Nigerian-born MP for Newcastle, told the President that the team was in the country “to promote positive engagement between Nigeria and the UK, since we are stronger when we build on ties of the past.”

According to her, the team was interested in how the Diaspora can support the economic progress of Nigeria, as well as promotion of trade and diversification of the economy.

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