General

President MUHAMMADU BUHARI has promised that the 2016 budget will be specially designed to encourage the diversification of the nation’s economy.

President MUHAMMADU BUHARI has promised that the 2016 budget will be specially designed to encourage the diversification of the nation’s economy.
According to a statement by his Senior Special Assistant on Media and Publicity, GARBA SHEHU, the President made this known when he received a delegation of French investors at the Presidential Villa, which was led by the President of the Movement of the Enterprises of France, PIERRE GATTAZ.
President BUHARI said new policies and measures that would move the economy away from its current over-dependence on the oil and gas sector would be introduced.
The President urged the French trade mission, which includes over fifty companies with interest in manufacturing, agriculture; infrastructure development and other areas, to return to Nigeria again next year in order to take full advantage of the new policies.
He also assured the French investors that Nigeria would not fall short of international standards in the protection of foreign investments and the repatriation of returns on such investments.

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