Nigeria to benefit from resources

Timothy Choji, Abuja

Nigeria’s Vice President, Professor Yemi Osinbajo says although the nation may be passing through difficult times, the Muhammadu Buhari led-government will ensure that Nigerians will benefit from the resources of the nation.

He gave the indication, during a courtesy visit by the Australian Foreign Affairs Assistant Secretary, African Branch, Mr. Matthew Neuhaus, who was accompanied by the country’s High Commissioner in Nigeria, Mr. Paul Lehmann.

“It is a difficult time, but we think it is an excellent opportunity to do right by the people so that our people are able to get the benefit of the nation’s resources,” Professor Osinbajo stated.

He noted with delight, the steps already taken by the President and the successes so far recorded in the areas of security, governance, anti-corruption and the economy.

He said: “For instance, there has been a liberalisation of the oil and gas’ downstream sector and the flexible foreign exchange policy just recently put in place would encourage foreign investment. We are looking forward to the benefits of the new foreign exchange policy.”

Commending the Australian government for its support, in the fight against insurgency in the Northeast, the Vice President observed that while significant progress had been recorded in military downgrading boko haram, the other challenge now is overcoming the ideology that motivates terrorist activities.

“We have already dealt with boko haram militarily, we now have to deal with the ideology of terror and this is something that the entire world has to also deal with. The terrorists basically reject any engagement, simply preaching hate and murder. It is a new kind of threat, the ideology and motivation is what the global community has to find a way to deal with” the Vice President said.

Good Start
Mr. Neuhaus, who once served as his country’s High Commissioner in Nigeria, congratulated the government.

He observed that the Nigerian Presidency is off to a good start.

He also praised the steps that have been taken so far by the administration, some of which he said have not been easy, adding that Australia looks forward to doing more with the government and working very closely with Nigeria.

He mentioned closer relationship in mining and investment, as well as cooperating at the Commonwealth and the United Nations.