Learn from Nigeria’s mistake, don’t rely so much on oil revenue – Buhari tells South Sudan
President Muhammadu Buhari has urged the government of South Sudan to avoid the mistake made by Nigeria in her over-reliance on oil revenue, urging the country to rather invest more in agriculture to grow its economy.
The President, who spoke yesterday while receiving the outgoing South Sudanese Ambassador to Nigeria, Ambassador Makuet Riak, at the State House in Abuja, noted that South Sudan can avoid the mistake made by Nigeria in her over-reliance on oil revenue.
A statement issued on Tuesday by the Special Adviser to the President on Media and Publicity, Femi Adesina, quoted him as telling the outgoing envoy that Nigeria’s economy, which has been heavily dependent on oil over the years, has been adversely affected by the drop in global oil prices.
Buhari maintained that, “Investing in sustainable agriculture is one of the best ways to provide jobs for the people and keep the nation productive.
“Food security is important to any country and that is what we are trying to achieve here, years after we ‘threw away’ agriculture for oil.”
He went on to commend the excellent relations between Nigeria and South Sudan and reaffirmed his commitment to strengthening existing bilateral ties.