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Home Economy Economy: FG Seeks Japanese Government Assistance On Diversification
  • Economy

Economy: FG Seeks Japanese Government Assistance On Diversification

By
Charles Dafe
-
June 21, 2016
Senator-Udoma-Udo-UdomaThe federal government has asked the Japanese government to assist Nigeria toward its present economic diversification efforts.
Minister of Budget and National Planning,  Udoma Udo Udoma made this request when members of the Japanese International Cooperation Agency (JICA) paid him a courtesy visit in his office over the weekend
Udoma said “Our government is grateful that your country has supported us in some areas. Our present administration came at a difficult time when our revenue came down due to sharp fall in crude oil price.  It is a crises but an opportunity for us not to be dependent on oil. We are faced with the reality of diversifying our economy. We want your support in this direction.  Nigeria wants investment in solid minerals,  manufacturing including self sufficiency in petroleum refining and rice production”
While commending the Agency for visiting the Internally Displaced Persons Camp (IDPs) in Nigeria,  the Minister also noted the challenges of resettling the affected population and opined that international assistance in this plight will be appreciated.
Earlier,  the President of JICA, Mr. Shinichi Kitaoka said their Agency has assisted Nigeria in various sectors namely; health, power, agriculture and water supply projects.  He listed some of these projects to include;  emergency repair and overhaul work on Jebba Hydro Electricity Power Station,  Pilot project in Rice post harvest processing and marketing in Nassarawa and Niger State and rural water supply in Oyo, Kano, Yobe, Kaduna and FCT Abuja among others
Charles Dafe
Director Information
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Charles Dafe
Charles Dafe
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PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
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