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APC Reacts To Atiku’s Suggestions On Economic Diversification


The All Progressives Congress (APC) has reacted to strategies by former Vice President, Atiku Abubakar to the Muhammadu Buhari-led administration on the necessity to diversify Nigeria’s economic system.

In line with a press release signed on Saturday by the Nationwide Publicity Secretary, Lanre Issa-Onilu, the get together welcomed his opinion and expressed honest thanks for the strategies

They, nonetheless, stated they have been stunned that the previous Vice President did not acknowledge the efforts that the administration has made within the final 5 years in the direction of diversification of the economic system and the “many positive gains” it has yielded.

In line with the assertion, way back to 2016, President Muhammadu Buhari had launched the Anchor Debtors Programme (ABP), an intervention coverage primarily aimed toward giving farmers entry to finance.

Learn Additionally: Nigeria Will By no means Turn out to be Industrialized By Promoting Oil, Says Atiku

Additionally, the APC famous that a part of the efforts of the President Buhari-led administration to spice up agriculture is the huge successes recorded within the native manufacturing of fertilisers.

The get together insisted that the contributions of agriculture to the general Gross Home Product (GDP) have constantly been on the rise and is being captured by the Nationwide Bureau of Statistics (NBS) within the final 4 years.

Abubakar had, in an article revealed on April 30, warned towards Nigeria’s reliance on oil, saying that the nation won’t ever be industrialised by relying on crude oil.

Within the publish captioned “How to Pull Nigeria from the Brink,” he known as on the Nigerian authorities to look into the agricultural sector as a approach of shoring up income within the face of dwindling oil fortunes.

However the APC stated his claims have been maybe an oversight or a blatant try to not admit the “truth” of the administration’s successes.

The get together additionally faulted Atiku’s feedback on the difficulty of the border closure which he described as an “insane” coverage.

“Alhaji Atiku Abubakar might want to know that the coverage he has sadly chosen to label as “insane” has led to a major spike in rice manufacturing throughout the nation, opening up of a whole lot of rice mills, indigenous manufacturing corporations are sourcing their uncooked supplies regionally, growth in poultry farming, with Nigerians now patronising regionally made meals objects like by no means earlier than and, within the course of, boosting the revenue of farmers and native producers,” the assertion learn partially.

It added: “It’s heart-warming to know we’re coping effectively because the Coronavirus pandemic and the resultant lockdowns are testing our nation’s capability to feed itself. We’ve been in a position to meet the pandemic induced surge in demand for meals solely as a result of the APC administration has been implementing insurance policies focused at increasing the capability of our farmers and the opposite gamers within the allied industries.

“We ask Atiku Abubakar; the place would we now have gotten the farm produce for palliatives and feed our folks through the lockdown if we had not taken the brave route of trying inwards whereas curbing sabotage from neighbouring economies?

“Within the areas of plugging income leakages, curbing waste, diversifying and rising the economic system, budgeting, borrowings, ease of doing enterprise, assist of Small and Medium Scale Enterprises (SMEs), the President Muhammadu Buhari authorities is matching electoral guarantees with actions”.

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