President Muhammadu Buhari has boasted that Nigeria is self-sufficient in cement production.
He said this while inaugurating a new 3 million metric tonnes per annum BUA Cement Sokoto Line 4 factory in Sokoto on Thursday.
According to him, due to how self-sufficient Nigeria is in cement production, it has risen to become a net exporter of the product to other neighbouring countries.
Buhari went on to state that this wouldn’t have been accomplished on the off chance that his administration was not producing economic diversification policies that empower entrepreneurs to harness resources that are plentiful in the country.
The President said he was satisfied to identify with the success stories and investments that create employment opportunities for citizens of Nigeria.
He said;
”I always remind Nigerians that every region, indeed every State, in Nigeria sits on huge reserves of resources. For example, in this area, Kebbi, Sokoto and Zamfara can boast of rice production, gold and other precious metals development and of course, heavy industries like cement manufacturing.
”As a Government, we introduced policies and mechanisms to support such investments in a legal, ethical and inclusive manner.”
Praising his administration, Buhari went down memory lane
He noted that the constitution of the National Food Security Council on Food Security Matters has also led to rice sufficiency in the country, including other staple foods.
The president also stated that the Presidential Artisanal Gold Mining Development Initiative has helped in no small means to regulate the local artisanal gold mining business, including health and safety implications for mining workers.
“We remain prepared to support serious investors to set up businesses that will take advantage of these opportunities through value addition to take advantage of the huge market here, as well as in the greater African region and the world at large.” He said.
Buhari used this opportunity to reassure Nigerians that more investments were underway in terms of road and rail construction to ease movement of people, goods and services, including facilitating trade while lowering logistics costs associated with the inefficiencies of bad roads and bridges.
CREDIT:Daily Post
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