We Must Begin To Behave As If Have No Oil At All – Buhari Set To Review Economic Policies

President Muhammadu Buhari noted on Monday, August 17, that he would gladly reverse or abandon some economic policies if it could result in employment opportunities for the youths.

According to The Nation, the country leader made a claim as he hosted executives of the Manufacturers Association of Nigeria (MAN) in his Aso Rock residence in Abuja.

Moreover, he directed the relevant ministries and government agencies to develop new policies to boost  domestic manufacturing before next year’s budget.

Buhari said through his media aide Femi Adesina:

“We are in difficult times economically, but we’ll continue to do our best for manufacturing to pick up. We must begin to behave as if we have no oil at all.

“We will gladly have policy somersaults, if it will mean more jobs, particularly for youths. I campaigned on three major planks. To effectively secure our country, provide employment through revamping of the economy, and wage a relentless war against corruption. I intend to keep faith with these promises.”

Referring to the figures, the presidency lamented that in textile industry the number of jobs decreased from 320,000 to only 30,000 and blamed the past administrations for such an unfortunate development.

“It shows the carelessness of past governments, if almost 300,000 people lose jobs in a single sector. We have a clear idea of how we can stimulate employment and we will work very hard to do so.”

In another development President Buhari on Monday approved the resignation of the comptroller general of the Nigerian Customs, Abdullahi Dikko. Explaining why he decided to resign two years before his tenure expiration, the customs boss said that it was time to give way to the young without waiting “until you are asked to go”.

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