President Buhari says Nigeria is paying dearly for incompetence in managing high revenue that accrued from oil, particularly over the past decade, and for allowing the decay of critical infrastructure. Speaking at the State House, Abuja, today, while receiving the Chief Global CEO of Unilever, Paul Polman, President Buhari said his administration is working very hard to change the structure of the Nigerian economy battered by several years of mismanagement.

President Buhari said Nigeria was paying the price for turning herself into a mono economy, but assured that the country would soon be able to feed herself, and even export, with the current emphasis placed on agriculture. He assured that the Federal Government would fast-track the implementation of strategies to ease doing business and attract more investors into Nigeria.