We‘re rebuilding economy from scratch – Buhari tells British MPs, led by Anambra State-born Hon. Onwurah

President Muhammadu Buhari, Tuesday, told the visiting team of British Members of Parliament (PMs) at the State House, that his government was starting all over again to rebuild the economy.
The British Members of Parliament (MPs) were led by Anambra State-born Hon. Chi Onwurah to the State House, Abuja.
President Buhari noted that Nigeria had relied so much on oil, stressing that with the fall of oil prices, it had become imperative to diversify the economy.
“We are going to rebuild Nigeria, and there are vast opportunities for Britain and us. We share very close ties, and our expectation from you is high”, he said.
President Buhari lamented that Nigeria has found herself in a phase of development, “which is not a very welcome one. We are disorganized because we relied on mono-economic product for too long, and now that oil price is down, we have to go back to agriculture and solid minerals. Tin, columbite, cocoa, groundnut, and others, used to be the basis of our economy, but then, oil came, and everybody began to look for cheap money. Now, we need to start all over again.”
Remarking, Hon. Onwurah, the Nigerian-born MP for Newcastle, said the team was in the country “to promote positive engagement between Nigeria and the UK, since we are stronger when we build on ties of the past.”
She said the mission of her team was to amass support for the economic progress of Nigeria, as well as promotion of trade and diversification of the economy.
Also on the delegation made up of three MPs was the British High Commissioner to Nigeria, Mr. Paul Arkwright.