The Vice Chairman of the Senate Committee on Trade and Investment, Senator Mohammed Sabo Nakudu has said President Muhammadu Buhari’s frequent trips abroad were part of the price Nigeria had to pay for the impunity and reign of terror witnessed in the country during the regime of former President Goodluck Jonathan.
Nakudu, who spoke with newsmen said the 2016 federal budget which focuses on the diversification of the economy would address the problems of unemployment and poverty if faithfully implemented.
“The 2016 budget is a clear intention of the government to do away with oil revenues and embrace agriculture and minining. The 2016 budget is geared towards providing the enabling environment for the economy to grow as can be seen from the allocations to the Ministry of Power, Works and Housing and with economic growth, the issue of poverty and unemployment will be reduced.
“The budget is also farmers friendly because the present government has realized the importance agriculture can play in our economic life. However, it must be emphasized that success in agriculture cannot be achieved without the necessary support from all tiers of government as being done in developed countries.”
Senator Nakudu who enjoined Nigerians to be patient with the administration as steps are being taken to right so many wrongs in the system, said it would take a systematic approach to rejuvenate the economy of the country.
“The administration has prioritized the issues of corruption and insecurity. And we have seen the results of both. Insurgent activities have reduced drastically and people are now being careful and cautious in government offices. The administration is doing the right thing and I believe everybody who mean well for this country would key into that,” Nakudu stated.