Stability critical to efficient resource management – Buhari

Without social, political and economic stability, it would be difficult for any country to effectively manage its resources, President Muhammadu Buhari said on Thursday.

The president said this when he received the Special Envoy of the President of Republic of Congo, Mr Jean Claude Gakosso, at State House in Abuja.

“Stability is critical, if a country would manage its resources effectively. I am aware of the problems of our own country. We are very large, deficient in infrastructure, and trying to improve on political and economic stability. In my last lap in office, I will give it my best,” he said.

He said developing countries that had oil used to be very powerful in the Organization of Petroleum Exporting Countries (OPEC) due to their production capacities, but as a result of technology, the United States of America no longer depends on them for its oil and energy needs.

Republic of Congo is a medium oil producer in Africa, and the president pledged continued collaboration with the country, “so that we can get the best for our respective countries, and invest for development.”

He stressed the need for peace and stability, so that the resources of a country can be used for the good of the people.

Mr Jean Claude Gakosso, Minister of Foreign Affairs and Congolese in Diaspora conveyed a special message on behalf of President Denis Sassou Nguesso, and also congratulated  the president on what he called his “brilliant performance” at the recently held presidential election.

The Special Envoy wished president wisdom and good health so that he can continue to lead his people efficiently and effectively.

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