Home Sectors BUSINESS & ECONOMY Nigeria Ready to Address Poverty, Oil Price Slump – Osinbajo

Nigeria Ready to Address Poverty, Oil Price Slump – Osinbajo

Vice President, Yemi Osinbajo has said that Nigeria is ready for the challenges of poverty and declining oil revenue by exploring all sources of trade and investment to boost the country’s economy, and that the Mohammed Buhari administration has taken vital steps to tackle the problem of poverty in Nigeria.

The Vice President made this statement at the opening of a roundtable between Nigeria and U.S. Trade Mission at the Banquet Hall of the State House.

He said that there are immense opportunities in agriculture, solid minerals and power that government is exploring for diversifying the economy, and that the federal government was working hard to get the right policies and take the right steps to achieve an inclusive growth for citizens and the country.

He also solicited for support from the U.S. to offer some direction and help in the re-structuring of the Nigerian economy.

The U.S. Secretary of State, Trade Mission, Ms Penny Pritzker, expressed her country’s readiness to improve on its trade relations with Nigeria as the strength of Nigeria’s economy made it very viable and difficult for anyone to ignore.

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