NewStats: 3,262,004 , 8,175,847 topics. Date: Saturday, 31 May 2025 at 01:28 PM 6r514b

President Muhammadu Buhari has expressed optimism that the current economic recession will ebb in 2017.

President Muhammadu Buhari has expressed optimism that the current economic recession will ebb in 2017.
Speaking on Monday in Abuja while declaring open an induction course organised by the Ministry of Foreign Affairs for Nigerian Career Ambassadors-designate who were recently cleared by the Senate, President Buhari said:
“We are optimistic that the external factors that partly contributed to push our economy into recession will ebb in 2017. Until then, I regret that the resources available to fund our missions abroad will not be as robust as we would like.
“We are working hard to turn around our national economy by effectively reforming our macroeconomic environment through measures, some of which were outlined in my budget speech to the National Assembly last week.”
The President, who said the prevailing economic circumstances have led to a restructuring of Nigerian missions abroad, reminded the Ambassadors-designate that , “as we are all making great sacrifices at home, we also expect you to similarly make judicious use of the resources put at the disposal of your missions. As Heads of missions, you will be held able for the utilisation of all resources under your control. These are lean times, and all of us are expected to do more with less.”
President Buhari specifically charged the Ambassadors-designate to change the narrative of Nigeria outside the country by playing up the positive values and outstanding contributions of Nigerians in the global arena.
“I want to emphasise your duty to change the narrative of Nigeria as seen by the outside world. For far too long, we have allowed Nigeria to be defined by others, always emphasizing our negatives. To the average foreigner, Nigeria evokes 419, terrorism, militancy, communal and religious clashes, insecurity, corruption and all our other faults,” he said.
The President continued: “You have the duty to correct this narrative by taking the initiative to define and portray our country for what it truly is. We are a nation of 180 million vibrant, enterprising, hardworking, hospitable and peaceful people. We are a remarkable nation that has succeeded in harnessing our multiple diversities as strengths such that we are the leading country on the continent. Therefore, you will need to mobilise, sensitise and motivate all your staff so that together you engage with your host governments, the private sector and other segments of the society to explain that Nigeria is much more than the negative image portrayed to them.”
President Buhari also ened them to leverage on the achievements of Nigerians within the country and in diaspora: Think of people like Nobel Laureate, Wole Soyinka, Chinedu Echeruo who founded Hotspot application which he sold to Apple for over a billion Dollars; think of Bayo Ogunlesi, who runs over a billion Dollar Infrastructure Fund and is now Adviser to US President-elect; and Jelani Aliyu, an accomplished car designer at General Motors. Indeed, these and other hardworking Nigerian professionals in the diaspora have never forgotten their roots and have been making significant contributions to their communities back home, and even to our economy through their huge remittances.”
He urged them to sustain the work ethic characterized by the love of country, professionalism, excellence, integrity and honour associated with the “Nigerian diplomatic tradition established in 1957 by the pioneers of the Nigerian Foreign Service, sometimes referred to as the “Twelve Apostles” and also “bequeath same to succeeding generations. ”
President Buhari also charged the Ambassadors-designate to stress Nigeria’s commitment to international peace and security through contributions “to nearly every UN peacekeeping initiative since 1960 when we achieved our independence. In addition, we are the stabilizers and shock absorbers of West Africa having helped to contain potentially de-stabilizing developments in the sub-region.”
He urged the Ambassadors–designate always to be mindful of the national priorities that “revolve around the economy, security, anti-corruption, good governance, agricultural transformation and infrastructural development, including rail, roads and power” and use their roles “as Principal Representatives to build meaningful partnerships to attract foreign investments, new skills and technologies.”
President Buhari stressed that “as Nigerian Ambassadors, you must set the standard of putting Nigeria first in all your actions. You must show leadership, fairness and justice to all. Discipline, probity, ability and zero tolerance for corruption must be your watchwords. You are expected to project the best image and traditions of our country in your conduct and all you do.”

Read More: http://www.timesng.com/news/top-news/218432-recession-will-end-2017-buhari.html

Uncle, please tell us another story

is it with your kind of leadership or the Buffon's you parade as ministers.

Dullingo

Gushhh! with that 2017 budget of austerity?

IF a country like Japan is still in recession after almost a decade,i wonder who is advising Mr President,Recessions don't just start and end with wishful thinking and word of mouth,we need educated and pragmatic people at the helm of affairs in this country.

Believe him at your own peril

After many Nigerians have committed suicide because of hunger and penury.
What actually caused the recession? Isn't it GEJ anymore?
Is recession no longer a word as told us by your noisemaker of finance?
When budget of change was not fully implemented and its impact felt by the economy,I wonder how budget of recovery will take us out of recession.
Still use DSS to harass bureau de change operators,ban using our ATM cards outside the country for legitimate businesses. Give more noisemakers funds to cut grass and repaint their houses. Sell dollar to your brothers going to Mecca at the rate of 197 naira and ignore genuine business men and manufacturers and still expect the country to miraculously recover from the recession you plunged into.

This looks like the sort of news that would be enjoyed by the crew that looks like this?

“We are optimistic that the external factors that partly contributed to push our economy into recession will ebb in 2017. Until then, I regret that the resources available to fund our missions abroad will not be as robust as we would like.

After carefully reading the article, what I heard the president talk about was that the EXTERNAL FACTORS contributing to the recession will EBB (ease) in 2017.
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Unfortunately (and typically), the media writes a headline that doesn't reflect the true content of the article.

December 2017? Kindly be a lil specific mallam....

Story for the gods. ...

Very soon Lair Muhammed go deny this news again

Second base jare according to Fela

Buhari is a dullard

When recession increases how the wailers will be feeling right now in 2017

Eyewitness, I'll save this page. Dazzol

Who still believes a word this illiterate says? His cows maybe?

Mr president...don't u ever get sick of ur lies?...u are saying Nigeria will pull out of recssion in d coming year with no real and substancial measures in place to really butt recession out of our economy, u kip dishing out lies and anti-people policies to d people who voted u in.

easier said than done

In d dream

TRANSLATION: una never see anything yet, recession will fully begin in 2017

You can say whatever you want! I am patiently waiting for 2019

Mr mouth action as spoken again, and as usual his zombies will come here and masturbate and there share him up.

I'm optimistic my self that ill forever live above recession.

Dullard
dollars is 490 has at dis morning by xmas it be 510 u are here talk babies abi
u need slap

Just keep quiet abeg...... or tell us when inflation will stop too. Reactive Leadership

lol Buhari we no resemble uche na. is Nigerias problem really it's leaders or people. cos we insult GEJ tire now PMB is suffering same fate. meanwhile the 20 naira below depicts Nigeria as seen my Mazi N KAnu

We dey wait

Will End .....Future tense

Ok,na to bookmark this page, before they come and deny they ever said something like this, cos we know the parameters to make that happen are not on ground

I think the president need to be specific here, as to which month the recession is going to end. Anyway, let's keep our fingers crossed and keep the hope alive.