FG Seeks Japan Assistance To Diversify Economy

0
181
Former Senator Udoma Udo Udoma speaks during the senate screening of new ministers in Abuja, Nigeria October 13, 2015. Picture taken October 13, 2015. REUTERS/Stringer
Want create site? Find Free WordPress Themes and plugins.

The Federal Government has sought the assistance of the Japanese government in its efforts to diversify the nation’s economy

Udoma Udo Udoma, Minister of Budget and National Planning, made this request when members of the Japanese International Cooperation Agency (JICA) paid him a courtesy visit in his office at the weekend

According to Udoma, “Our government is grateful that your country has supported us in some areas. Our present administration came at a difficult time when our revenue came down due to sharp fall in crude oil price.

“It is a crises but an opportunity for us not to be dependent on oil. We are faced with the reality of diversifying our economy.

“We want your support in this direction. Nigeria wants investment in solid minerals, manufacturing including self sufficiency in petroleum refining and rice production.”

While commending the Agency for visiting the Internally Displaced Persons Camp (IDPs) in Nigeria, the Minister also noted the challenges of resettling the affected population and pointed out that international assistance in this plight will be appreciated.

Earlier, the President of JICA, Mr. Shinichi Kitaoka said the Agency has assisted Nigeria in various sectors such as health, power, agriculture and water sectors.

He enumerated some of the projects undertaken by JICA which include emergency repair and overhaul work on Jebba Hydro Electricity Power Station, Pilot project in Rice post harvest processing and marketing in Nassarawa and Niger States and rural water supply in Oyo, Kano, Yobe, Kaduna and Federal Capital Territory, Abuja among others.

 

Did you find apk for android? You can find new Free Android Games and apps.

LEAVE A REPLY

Please enter your comment!
Please enter your name here