80 % drop in food import bill shows Buhari’s policies working- BMO

The drop in food import bills from 3.40 dollars billion to 0.56 dollars billion,  representing a drop of over 80 per cent over the last six years, is proof that President Muhammadu Buhari’s various interventions to boost food production and food safety in the country are yielding the desired results. The Buhari Media Organisation (BMO)

The drop in food import bills from 3.40 dollars billion to 0.56 dollars billion,  representing a drop of over 80 per cent over the last six years, is proof that President Muhammadu Buhari’s various interventions to boost food production and food safety in the country are yielding the desired results.
The Buhari Media Organisation (BMO) made this observation in reaction to the disclosure by the Governor of Central Bank of Nigeria (CBN), Dr. Godwin Emefiele that the country was making huge savings from a reduction in food importation.

BMO said now that successes are being recorded in this direction, it is incumbent on policymakers and stakeholders across every sector of the economy to redouble their efforts in whatever they are doing to strengthen the government’s efforts in improving agriculture and food production.

The group assured Nigerians that the current administration will continue to show a strong commitment to diversifying the economy through robust and aggressive agriculture policies as well as leaving a legacy of food security and good governance.

 

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