President Muhammadu Buhari has said that Africa must now pay
more attention to manufacturing.
He said this in an article published on American magazine,
Newsweek.
The Nigerian leader advocated that increased production must
top Africa’s post-coronavirus plans.
Buhari noted that what the continent needs is the vision of
the global community to match Africa’s.
Assuring that Africa is positioned to play a critical role
in the remolding of a post-coronavirus, he stated that he was convinced things
will be different henceforth.
Buhari said Africa has seen the West transform to a
service-based economy, with much of its factory production relocated primarily
to Asia.
He noted that this led to the creation of home-grown
consumer goods from countries such as South Korea and China that are enjoyed
around the globe as widely as are their Western equivalents.
The president added that Africa’s young population is
increasingly well-educated and that governance reform is growing in strength in
most countries.
He pointed out that Nigeria, a major global oil producer,
has established its first private oil refinery, one of the largest in the
world.
“The Mambilla power plant, finally unlocked for completion
after a successful decision by the International Court of Arbitration in Paris
earlier this year removed impediments, will electrify the homes of some 10
million of our people.”
Buhari said Nigeria can now move forward with road, rail and
power station construction being funded with repatriations from the U.S., U.K.
and Switzerland.
The president stated that Nigeria already has, and seeks to
deepen further relations with other Commonwealth countries—particularly in the
interests of trade.
He expressed confidence that the African Continental Free
Trade Area Agreement (AfCTA) will further boost nations’ economies.
Buhari insisted that Africa is an opportunity for all and a
threat to no one.
“We do not seek to grow our manufacturing capabilities in
order to grant ourselves a seat at the table of some new great geopolitical
game—but merely to play our part as partners in development,” he added.
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