President Muhammadu Buhari has said that current changes to trade and investment policies by the government since May 2015 would help the nation to diversify its economy, attract more foreign investments and speed up industrialization.
The president made this known on Thursday while speaking at the commissioning of two newly-established agro-based industries in Kano.
Buhari also said the overall effect of these achievements would lead to jobs creation and better living conditions for citizens as promised by the All Progressives Congress (APC).
At the new 1,200 tonnes capacity solvent extraction plant built by Gerawa Oil Mills Limited, President Buhari commended the firm for taking full advantage of the prevailing investment climate in the country.
The President, according to a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu, also commissioned the Fullmark Rice Mills, the biggest rice mill in West Africa, at Kwanar Gunduwawa, Hadejia road.
At both mills, President Buhari expressed delight at the wholly-owned indigenous companies and assured agro-investors of his administration’s commitment to creating the right policies for agriculture to thrive.
At the solvent extraction plant of Gerawa Oil Mills, the Chairman of the company, Alhaji Isa Gerawa commended the policies of the Buhari administration on agriculture, describing them as key to Nigeria’s exit from recession and upward attainment to food security.
The industrialist, however, appealed to President Buhari to urgently address the issue of poor access to finance for farmers and agro-investors in the country.