The Director
General of the National Orientation Agency, Mr. Garba Abari, has expressed
delight that Nigerians have been left with no option but to look inwards
because of the economic recession.
Abari said,
“Happily, the country is broke, if we had lived a life of falsehood always
guided by our crass appetite for consumption and lack of productivity because
there was free money, now we are being confronted with the reality.”
Abari who
stated this in an interview with Punch in Abuja, explained that the fall in oil
prices and the disappearance of what he referred to as “free money” will
engender a home-grown response to the nation’s economic problems.
He said
Nigeria’s economic problem was not peculiar as other oil producing nations like
Venezuela were also taking a hit but that Nigeria under the Buhari-led
administration was handling it better.
“It is a
global economic challenge and every country is being affected one way or another.
Venezuela is an oil producing country like Nigeria; perhaps in terms of
production quota in OPEC, it may even be producing higher than Nigeria. It is
not even as populous as Nigeria is and you have seen what has become of it.
“Oil that used
to be the source of money is no longer bringing in the money. We are beginning
to show a sign that we are positively responding to the reality.”
He explained
that the contribution of agriculture to the GDP was negligible in the last few
years but that it had improved considerably under the current administration
due to proactive measures.
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