President Muahammdu Buhari has Promised that the revival of industries will get his serious attention the moment he finishes with the 2016 budget preparation.
Speaking at a dinner he hosted in honour of the visiting Alumni Association of the Indian Defence Services Staff College, Wellington, at which he received part of his own military training, President Buhari said that very soon, “we will sit down to see how we can rehabilitate industries. We will do this in order to clear the problem of unemployment”.
He decried a situation in which 60 per cent of the the country’s 64 per cent youth population was unemployed.
“This,” he said, “is extremely dangerous for our country.”
The President explained that the insecurity in the North East, abduction for ransom in the South and the sabotage of the oil industry in the delta region have one connection or the other with poverty and unemployment.
“We are meeting after the budget to see how to revive industry and secure the economy,” he further promised.
The delegation was led to the President by the Indian High Commissioner to Nigeria, Ghanashyam, and it included a number of retired Indian army generals who were course-mates of the President.