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For Every Grain We Import, We Destroy Livelihoods Of Our Local Farmers - Buhari ~ OsazuwaAkonedo #Buhari #Food #job #Nigeria #security #BUA #Cement #Import #Muhammadu

For Every Grain We Import, We Destroy Livelihoods Of Our Local Farmers – Buhari

Posted on August 14, 2022August 14, 2022 By OsazuwaAkonedo No Comments on For Every Grain We Import, We Destroy Livelihoods Of Our Local Farmers – Buhari
Economy, news

By Femi Adesina


President Muhammadu Buhari Friday in Abuja said entrepreneurs and the business community, whose investments align with the priorities of the government in value and job creation, will continue receiving the full support of his administration, noting that the huge growth experienced by conglomerates like BUA Group is evidence of the correctness of government policies.

The President, who received the Management of BUA Group at the State House led by the Chairman, Abdul Samad Rabiu, said the government’s focus on import substitution to encourage local production and export stimulate growth and stability, urging investors to take advantage of the vision.

“Let me assure you and the entire business community that this Government remains ready, willing and able to support all well-meaning Nigerian entrepreneurs whose investments align with our import substitution and domestic job creation policies and programs,’’ he said

President Buhari commended the Chairman of BUA Group for concentrating investments in the country, and transiting from trade to manufacturing.

“I am impressed and proud of the transformation BUA has made from trading concern to a manufacturing conglomerate.

“A key pillar of our administration’s policy thrust is import substitution especially when it comes to essential items such as food, household consumables and shelter. A nation of our size and with our natural and human resources is exhibiting its weakness if it continues importing essential commodities.

“For every grain of rice, wheat or maize we import, we destroy the livelihoods of our local farmers while creating jobs abroad. It is because of this that seven years ago, our Government introduced numerous laws, executive orders and incentives that support businesses with import substitution projects,’’ the President said.

He stressed that the focus of the admiration stays on job creation and economic security.

“In the medium term our hope was to see Nigerian companies expand their production expertise and capacity to other African nations helping them to also achieve their food and economic security goals. In the long term, our desire is to create a peaceful and prosperous continent with its young and talented population feeding, clothing and housing themselves.

“Today, through the BUA story, it is clear that we are on track! The company has continued to invest in domestic production and processing leveraging our local raw materials and youthful talent.

“It is always heartwarming to see and learn of Nigerian companies doing so much within Nigeria. Most of this phenomenal growth was achieved during this administration,’’ he added.

President Buhari noted that the successes recorded by entrepreneurs and the business community, like BUA, were “clear testaments to the correctness of our programs and policies.’’

“We have also seen similar successes especially in the food and agri-input value chain,’’ he said.

The President extolled the Chairman of BUA for his resilience, steadfastness and patriotism, affirming that the government would continue to encourage small businesses to grow.

“You have shown through your efforts at BUA, what is possible in our country and this is what I have always been working towards, a situation where we have businesses that can add value, create employment opportunities and reduce our dependence on imports whilst positioning ourselves for exports and global competitiveness.

“I am therefore not surprised to hear that two of your group companies – BUA Cement plc and BUA Foods Plc, are now amongst the top 10 most valuable publicly listed companies in Sub-Saharan Africa.

“Your success story and those of many more Nigerian entrepreneurs, give us the motivation to do more as a Government to support the aspirations of all businesses big and small,’’ he submitted.

President Buhari also thanked the businessman for his philanthropy.

“Furthermore, you did not stop at what your country has enabled you to achieve, but you also continue to give back. The Abdul Samad Rabiu Initiative has been implementing philanthropic programs not only in Nigeria, but across Africa.

“A good example is the Police National Reference Hospital building in Abuja which you recently donated to the Nigerian Police Force. Such exemplary and impactful gestures are needed to support our security agencies who are working very hard, day and night, to secure our lives and properties. On behalf of the Nigerian Government, I want to thank you for your patriotism.’’

In his remarks, Alhaji Rabiu said the BUA Group is very mindful of where it was at the advent of the Buhari administration, and the giant strides it has taken today.

He counted the blessings of the Group to include: three new cement factories of 7.5 million metric tonnes capacity in Edo and Sokoto States to the already existing plants, a new 750,000 metric tonnes sugar refinery in Port Harcourt, Rivers State, a 20, 000 hectares 4-in-1 fully integrated sugar plantation in Kwara State with a sugar mill refinery and ethanol plant, four flour and pasta factories, a 200,000 barrels per day refinery with a petrochemical plant, among others.

He submitted further: “We have continued to build and invest extensively in Nigeria and all these new projects were made possible because of the immense opportunities your government has created in ensuring industrialization and self-sufficiency by supporting serious businesses across many industries to fully harness our locally available resources and potentials.

“Your Excellency, I must say that you have done so much and tried in creating an enabling environment for businesses across Nigeria going by the strides we-and many others-have made. The results can-and will speak for themselves long after you have left office. We know where we were in 2015 when you came in.”

@views exclusive rights: Femi Adesina, Special Adviser to the President on Media and Publicity, August 12, 2022.

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Tags: #Buhari #Food #job #Nigeria #security #BUA #Cement #Import #Muhammadu
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Family Jubilates As Seun Kuti Leaves Police Custody ~ OsazuwaAkonedo #Seun #Anikulapo #Fela #Kuti #SCIID Family Jubilates As Seun Kuti Leaves Police Custody May 24, 2023 10:27am
Fela Son, Seun Kuti Now Leads Prayers Inside Police Custody, Pays ₦25k To Avoid Drilling ~ OsazuwaAkonedo #Seun #Anikulapo #custody, #drilling #entertainment #Fela #Kuti #Panti #prayers #SCIID #security Fela Son, Seun Kuti Now Leads Prayers Inside Police Custody, Pays ₦25k To Avoid Drilling May 20, 2023 7:06pm
Hilda Baci 4 Days Nonstop Cooking World Record Shows: Nigerian Resilient Spirit - Obi, Nigerian Can-Do Attitude - Tinubu, Uniqueness In Nigerian Food - Buhari ~ OsazuwaAkonedo #Ahmed #attitude #Baci #Bassey #Bola #breaking #Buhari #cooking #Effiong #entertainment #Guinness #Hilda #Indian #job #Lata #Muhammadu #Nigerian #nonstop #Obi #Peter Hilda Baci 4 Days Nonstop Cooking World Record Shows: Nigerian Resilient Spirit – Obi, Nigerian Can-Do Attitude – Tinubu, Uniqueness In Nigerian Food – Buhari May 15, 2023 5:21pm
Fela Son, Seun Kuti Now In Our Custody - Police ~ OsazuwaAkonedo #Seun #breaking #custody, #entertainment #Falana #Fela #job #Kuti #Nigeria #Police #security Fela Son, Seun Kuti Now In Our Custody – Police May 15, 2023 12:23pm
Seun Kuti: A 'Mad' Son From A 'Mad' Marriage - Charles Awuzie ~ OsazuwaAkonedo #Seun #‘mad’ #Awuzie #Charles #entertainment #Fela #Igp #job #Kuti #Marriage #Nigeria #Police #security Seun Kuti: A ‘Mad’ Son From A ‘Mad’ Marriage – Charles Awuzie May 14, 2023 3:25pm
My Wife Deserves Everything On Earth - David Ugolor ~ OsazuwaAkonedo #ANEEJ #columns #David #deserves #entertainment #everything #job #Ngozi #Ugolor My Wife Deserves Everything On Earth – David Ugolor May 14, 2023 9:14am
Mercy Johnson Loses Dad ~ OsazuwaAkonedo #Ametuo #breaking #Daniel #entertainment #Johnson #Mercy #Nollywood #Okojie Mercy Johnson Loses Dad May 5, 2023 2:51pm

LIFE

Onitsha-Owerri Federal Road Now Deathtrap In Oba ~ OsazuwaAkonedo #Abia #AkwaIbom #Anambra #Benin #Bola #Charles #CrossRivers #Deathtrap #Enugu #Erosion #FG #Gully #Imo #Lagos #oba #Onitsha #Owerri #PortHarcourt #Rivers #Soludo Onitsha-Owerri Federal Road Now Deathtrap In Oba August 6, 2023 4:04pm
Death Toll Rises More Than 288 In Indian Train Multiple Collision ~ OsazuwaAkonedo #Balasore #Indian #Odisha #Train Death Toll Rises More Than 288 In Indian Train Multiple Collision June 3, 2023 1:47pm
Unknown Gunmen: How Access Bank Chief Security Officer Saves Customers, Other Staff Lives In Ihiala ~ OsazuwaAkonedo #Access #Bank #breaking #customers, #Gunmen #Ihiala #Nigeria #Officer #Okija #security #Sit-at-home #Unknown Unknown Gunmen: How Access Bank Chief Security Officer Saves Customers, Other Staff Lives In Ihiala May 11, 2023 2:05am
Zelenskyy To Putin: We Are Actively Preparing For New Events In May, June ~ OsazuwaAkonedo #actively #Bakhmut #preparing #Prigozhin #Putin #Russia #Ukraine #Vladimir #Volodymyr #Wagner #Yevgeny #Zelenskyy Zelenskyy To Putin: We Are Actively Preparing For New Events In May, June May 7, 2023 11:39pm
EFCC Office In Enugu On Fire ~ OsazuwaAkonedo #EFCC #Enugu #Fire EFCC Office In Enugu On Fire May 6, 2023 6:55am
"I Don't Need Anything From Bad People" Victim Speaks As UK Court Sentences Ekweremadu, Wife, Doctor To 9, 4, 10 Years Imprisonment ~ OsazuwaAkonedo #“i #Abuja #anything #breaking #David #don’t #Ekweremadu #Enugu #imprisonment #justice #Lagos #London #Medical #Nigeria #Nigerian #Nwamini #people” #Police #sentences #UK “I Don’t Need Anything From Bad People” Victim Speaks As UK Court Sentences Ekweremadu, Wife, Doctor To 9, 4, 10 Years Imprisonment May 5, 2023 5:12pm
Ukraine Drills For Offensive Actions Against Russia As Zelensky Honours 750 More Fighters ~ OsazuwaAkonedo #actions #against #fighters #Honours #Kyiv #offensive #Putin #Russia #security #Ukraine #Vladimir #Volodymyr #Zelensky Ukraine Drills For Offensive Actions Against Russia As Zelensky Honours 750 More Fighters April 29, 2023 9:04pm
Sudan War: Why Nigerian Students Abandoned In Desert Couldn't Enter Egypt - FG ~ OsazuwaAkonedo #abandoned #Aswan #couldn’t #Egypt #FG #job #Khartoum #Nigerian #security #students #Sudan #war Sudan War: Why Nigerian Students Abandoned In Desert Couldn’t Enter Egypt – FG April 29, 2023 5:52am

EDITORIAL

We Are Set ~ OsazuwaAkonedo #Ezoic #WordPress We Are Set August 3, 2023 6:46am
Fuel Subsidy Removal: Where I Stand, Tinubu Speaks With Indication FG Shifts To Loan Elite Companies ~ OsazuwaAkonedo #Bola #Fuel #Loans #Subsidy #Tinubu Fuel Subsidy Removal: Where I Stand, Tinubu Speaks With Indication FG Shifts To Loan Elite Companies July 31, 2023 11:41pm
If you Can't Vote, Convince One Person To Vote Your Candidate Now ~ OsazuwaAkonedo ##LP ##Obidients #2023Election #Abubakar #Ahmed #APC #Atiku #Atikulates #Bola #breaking #can’t #candidate #columns #convince #economy #editorial #Education #entertainment #Jagaban #newspapers If you Can’t Vote, Convince One Person To Vote Your Candidate Now February 24, 2023 3:25pm
May The Souls Of Our Brothers, Sisters Who Couldn't Make It To 2023 Rest In Peace - Buhari ~ OsazuwaAkonedo ##Boko #2022 #2023Election #army #bandits #Buhari #EndSARS #Gunmen #Haram #iswap #Kuje #Muhammadu #Police #terrorists #Unknown May The Souls Of Our Brothers, Sisters Who Couldn’t Make It To 2023 Rest In Peace – Buhari January 1, 2023 10:05am
Judge Asking Okupe To Pay Fine For Collecting Physical Cash On Security Assignment Maybe Unprofessional, Embargo To National Security ~ OsazuwaAkonedo ##LP ##Obidients #Buhari #Dasuki #Doyin #Ebele #EFCC #FG #Goodluck #Ijeoma #Jonathan #Muhammadu #NTA #Obi #Ojukwu #Okupe #Omokri #ONSA #PDP #Peter Judge Asking Okupe To Pay Fine For Collecting Physical Cash On Security Assignment Maybe Unprofessional, Embargo To National Security December 20, 2022 5:59am
I'm Not Extension Of Anybody, Peter Obi Is The Best Candidate For Nigeria - Soludo's Son Ozonna ~ OsazuwaAkonedo ##LP #Ozonna #2023Election #Anambra #APGA #Charles #Obi #Peter #Soludo I’m Not Extension Of Anybody, Peter Obi Is The Best Candidate For Nigeria – Soludo’s Son Ozonna November 15, 2022 4:07pm
IGP, Others Hold Night Ceremony At Airport To Welcome Buhari ~ OsazuwaAkonedo ##LP #Alkali #APC #Baba #Buhari #Igp #London #Muhammadu #PDP #security #Usman IGP, Others Hold Night Ceremony At Airport To Welcome Buhari November 14, 2022 6:28am
Elon Musk Give Reasons Over Twitter Workers Sacked ~ OsazuwaAkonedo #election #media #twitter #workers #Elon #Musk Elon Musk Give Reasons Over Twitter Workers Sacked November 5, 2022 3:27pm

TRENDING

Traditional Rulers' Silence, No Longer Golden ~ OsazuwaAkonedo #Bill #FG #Fulani #government #herdsmen #Law #Malcolm #Nigeria #North #Omirhobo #Resources #Water Traditional Rulers’ Silence, No Longer Golden September 3, 2022 12:25pm
ANEEJ, Police, Others Meet In Benin For Crime Prevention Strategies ~ OsazuwaAkonedo #ANEEJ #CAN #DavidUgolor #NigeriaPoliceForce ANEEJ, Police, Others Meet In Benin For Crime Prevention Strategies March 29, 2022 9:12am
CP Vows To Arrests Adamawa Residents Behind Attacks On INEC Officials ~ OsazuwaAkonedo #Adamawa #APC #Ari #arrests, #attacks #Hudu #INEC #Nigeria #officials #PDP #Police #Residents #security #Yunusa CP Vows To Arrests Adamawa Residents Behind Attacks On INEC Officials April 17, 2023 8:40pm
DSS, Prison Operatives In Free For All Fight Over Godwin Emefiele's Custody ~ OsazuwaAkonedo #Bola #cbn #Dss #Emefiele #Godwin #NCS #Tinubu DSS, Prison Operatives In Free For All Fight Over Godwin Emefiele’s Custody July 25, 2023 4:04pm

MONTH

Test ~ OsazuwaAkonedo Test September 16, 2023 8:35am
Police Rescues Kidnapped Victim In Anambra ~ OsazuwaAkonedo #Anambra #Kidnapping #Onitsha #Police Police Rescues Kidnapped Victim In Anambra September 2, 2023 8:19pm
Morocco Confirms 2497 People Killed In Friday Night Earthquake ~ OsazuwaAkonedo #AlHaouz #Casablanca #Marrakech #earthquake #Morocco Morocco Confirms 2497 People Killed In Friday Night Earthquake September 11, 2023 1:39pm
DSS Raises Alarm As Banks Plan To Shutdown Services Nationwide ~ OsazuwaAkonedo #banks #Bola #Dss #NLC #PEPT #Strike #Tinubu #Tribunal DSS Raises Alarm As Banks Plan To Shutdown Services Nationwide September 4, 2023 8:42pm

WEEK

Mohbad's Spirit Is Strong, I Find It Hard To Sleep - Davido ~ OsazuwaAkonedo #Lagos #Larry #Marley #Mohbad #Naira #Police #Sam Mohbad’s Spirit Is Strong, I Find It Hard To Sleep – Davido September 20, 2023 6:58am
Troops Discover Gun Manufacturing Factory In Kaduna ~ OsazuwaAkonedo #army #Kaduna #Kafanchan #OPSH Troops Discover Gun Manufacturing Factory In Kaduna September 24, 2023 7:03pm
BRA Claims Responsibility For 8 Soldiers, Other Operatives Killed In Imo ~ OsazuwaAkonedo #Abia #Biafra #BRA #Ekpa #Gunmen #Imo #ipob #Ohafia #Simon #SitAtHome #Umualumaku #Unknown BRA Claims Responsibility For 8 Soldiers, Other Operatives Killed In Imo September 21, 2023 6:39am

DAY

Troops Discover Gun Manufacturing Factory In Kaduna ~ OsazuwaAkonedo #army #Kaduna #Kafanchan #OPSH Troops Discover Gun Manufacturing Factory In Kaduna September 24, 2023 7:03pm
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Economy

  • Putin Promises Wagner Group, Russia Troops State Awards Over Bakhmut Alleged Takeover

    May 21, 2023

  • EFCC Arrests 74 Suspected Yahoo Boys In Port Harcourt

    July 22, 2022

  • Gunmen Kidnap Guardian Newspaper Reporter In Bayelsa, Demand N5m Ransom

    March 30, 2022

  • LASG Confirms Mass Burial For 103 ENDSARS Victims, Insists None From Lekki Toll Gate

    July 24, 2023

  • Cubana Chief Priest Whose Office As SA Empowered 2700 Imo Youths With Smart Phones Arrested By EFCC

    April 3, 2022

Entertainment

  • EFCC Arrests, Arraign Man Over Acting As FBI Director

    July 6, 2022

  • Wagner’s Boss Yevgeny Prigozhin Returns To Russia

    July 7, 2023

  • For Russians, The War Will End In Shame – Zelenskyy

    March 16, 2022

  • Sky High Rice Pyramids When Released For Sales Will Reduce Cost Price – Buhari

    January 19, 2022

  • I Wish President Buhari Happy Alleged 79th Birthday Same Happiness He Has Given Nigerians – Reno Omokri

    December 17, 2021

Security

  • Release Nnamdi Kanu, Call For Dialogue – Yul Edochie Tells Buhari

    February 16, 2022

  • It’s Could Have Been Better Osinachi Didn’t Marry At All – Mother

    April 12, 2022

  • Basketmouth Warns Parents Over Beautiful Daughter

    May 3, 2022

  • Darkness Will Never Overcome Light – Buhari Tells Owo Killers

    June 5, 2022

  • Political Solution Possible For Nnamdi Kanu But I Will Not Release Him If… – Buhari

    January 5, 2022

Politics

  • Sammie Okposo, A Sincere Christian – Obaseki

    November 26, 2022

  • New Chief Of Army Staff, Faruk Yahaya Takes Over, Honours Attahiru, Tasks Senior Army Officers #OsazuwaAkonedo

    May 28, 2021

  • Sir Victor Uwaifo Successes Cut Across Many Areas Of Life, Including Academic, Administration – President Buhari

    August 29, 2021

  • No Camp For People Fleeing Sudan, Nationals Will Be Shared Among Embassies – South Sudan

    May 2, 2023

  • Former Ekiti Governor Ayo Fayose Writes Deputy

    May 22, 2022

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