President Muhammadu Buhari has said that in order to move Nigeria forward, his government must avoid the mistakes of the past.
Buhari made the statement on Tuesday, August 16, 2016, while meeting with members of the Association of Africa Automotive Manufacturers at the Presidential Villa in Abuja.
According to a statement released by Buhari’s Special Adviser on Media and Publicity, Femi Adesina, the president said:
“We
must avoid the mistakes made in the past by both government and
manufacturers, and we are
ready to get investment from all quarters, so
that we can improve the lives of our people.”
Buhari
was referring to the failure of previous governments to develop
automobile initiatives started in Bauchi, Kaduna and Ibadan, due to the
country’s over-dependence on oil.
“We
are making efforts to start our steel industry all over again. I see
vast opportunities for both the country and those who invest here,” Buhari said.
The
current economic crisis in Nigeria is being blamed on the country’s
dependence on oil, which has backfired due to the crash in global oil
prices.
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