Skip to content
July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • 80 % drop in food import bill shows Buhari’s policies working- BMO
  • National News

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

Admin November 18, 2021

November 18,

Anchor Borrowers’ Programme
Emefiele and other dignitaries pose with bags of rice in Kebbi to mark the 5th anniversary of the ABP.

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. The Governor was speaking at a stakeholders’ sensitisation workshop on the National Agricultural Sample Census in Abuja.

At the workshop which was organised to update Nigerians on the state of food production and successes recorded under the CBN’s interventions to boost agriculture and food production, it was revealed how the country’s fortune on food security has improved massively.

In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO noted that it takes only a serious and focused leader like President Muhammadu Buhari to achieve this laudable feat within the said period and that the President at no point in time, left no one in doubt about his patriotism and sufficient capacity to sustain his various interventions to boost job creation, food self-sufficiency, and good nutrition for Nigerians.

‘It is gratifying to note that most of the agricultural interventions of the Buhari administration in the last six years have created jobs for millions of Nigerians. And this has brought about poverty reduction, reduction in food import bills and has saved the government hard-earned foreign exchange”.

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.

The group commended the CBN Governor and his team, and other major stakeholders in the agriculture sector for their commitment and for coming up with result-oriented policies to support the government’s efforts in boosting food production in the country.

BMO also encouraged Governors of the 36 States of the Federation to take a cue from President Buhari’s disposition towards agriculture by putting in place more viable and robust policies and funding support to drive agriculture and food production and sufficiency in their respective States.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: BMO Buhari Media Organisation Cassidy Madueke Food imports Niyi Akinsiju

Post navigation

Previous Allocating the World’s Carbon Budget
Next Lawmaker-of-the-Year: Okowa congratulates Delta Speaker

Related Stories

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference
  • National News

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference

July 18, 2026
Court dismisses Bayelsa traditional ruler’s suit against SPDC FG vs ASUU
  • National News

Court dismisses Bayelsa traditional ruler’s suit against SPDC

July 17, 2026
LUTH awards research grants to 3 resident doctors treatment
  • National News

LUTH awards research grants to 3 resident doctors

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

How civil servants used Access Bank, First Bank, 15 others to perpetrate ₦941.9m payroll fraud
  • Crime and Justice

How civil servants used Access Bank, First Bank, 15 others to perpetrate ₦941.9m payroll fraud

July 18, 2026
APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference
  • National News

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference

July 18, 2026
Oborevwori unveils digital advertising platform to boost Delta revenue
  • Business & Economy

Oborevwori unveils digital advertising platform to boost Delta revenue

July 18, 2026
Court sentences two to death for rape, murder of 17-yr-old Pastor jailed for rape
  • Crime and Justice

Court sentences two to death for rape, murder of 17-yr-old

July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.