Following the drop of oil prices across the globe, a group, Ohanaeze Ndigbo, has urged southeast governors to invest in Agriculture.
The group gave this advise in a statement made available to POLITICS NIGERIA on Friday.
The statement signed by its president, Okechukwu Isiguzoro and the Secretary, Okwu Nnabuike.
OYC said having studied the rethorics of the Group Managing Director Of Nigerian National Petroleum Corporation (NNPC), Mele Kyari on the recent crashed of crude Oil prices to less than 30 dollars per barrel, it is necessary for southeast governors to focus on Agriculture sector.
“OYC agreed with Kyari and insists that Nigerians will experience hunger and hardship in the face of obvious collapse of the economy depending solely on Crude Oil in the nearby future.”
The group alleged that those in the country’s economic team are “short of ideas”.
“OYC seeks the engagement of competent hands to help President Muhammadu Buhari to manage the economy, those in the economic team of Mr President had run short of ideas and will ground the economy”
“The appointment of Dr Ngozi Okonjo Iweala by South African Government, had demonstrated courage and determination to succeed in the face of economic adversity by hiring a Foreign Adviser (Okonjo iweala)”
“We call for total overhaul of the entire economic team of Mr President, this is a wakeup call to Bring in a Good Economic Team to develop non oil sectors and ensure that we avoid going back to recession. ”
“South East Governors should prepare to channel their resources to support youths to engage in agriculture to prepare for the tough times. Ahead, there’s only one route of escape from being cut up with the prediction of recession and hardship, as farming season begins April 2020, Igbos should embrace agriculture as survival strategies”, its statement read.
