President Muhammadu Buhari has said that the Federal Government is determined to significantly reduce the very high bill for importation of food products to Nigeria. He made the remark at a bilateral meeting with the Prime Minister of Denmark, Mr. Lars Rasmussen, in Washington DC. A statement issued on Saturday by the Special Adviser on Media and Publicity, Femi Adesina, said that President Buhari also reaffirmed his administration’s commitment to the rapid diversification of Nigeria’s economy.
He said: “We developed a mono-product economy and lost opportunities to diversify in the past. “We have great potentials for agriculture and solid minerals. We are now determined to exploit them to the fullest. Addressing the past neglect of these two sectors will help to reduce unemployment and make us a more productive country.