President Muhammadu Buhari said Africa must now pay more attention to production.
He said this in an article published in the American magazine Newsweek.
The Nigerian leader said the increase in production must exceed Africa’s post-coronavirus plans.
Buhari pointed out that what the continent needs is the vision of the global community that corresponds to the African one.
Assuring that Africa is positioned to play a critical role in remodulation of a post-coronavirus, he said he was convinced that things will be different from now on.
Buhari said Africa has seen the West become a service-based economy, and much of its industrial production is mainly transferred to Asia.
He noted that this led to the creation of homegrown consumer goods from countries such as South Korea and China, appreciated worldwide as much as their western counterparts.
The president added that the young African population is increasingly educated and that governance reform is growing strongly in most countries.
He stressed that Nigeria, a major world 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 decision made successfully by the Paris International Court of Arbitration earlier this year, removed the impediments and will electrify the homes of around 10 million people.”
Buhari said Nigeria can now move forward with the construction of roads, railways and power plants financed by the repatriation of the United States, the United Kingdom and Switzerland.
The president said that Nigeria has already done so and is trying to deepen relations with other Commonwealth countries, particularly in the interest of trade.
He expressed confidence that the Africa Continental Free Trade Area Agreement (AfCTA) will further strengthen the economies of nations.
Buhari insisted that Africa is an opportunity for all and a threat to all.
“We are not trying to increase our production capacity to guarantee ourselves a place at the table in a new great geopolitical game, but simply to do our part as a development partner,” he added.