Federal Government is working assiduously to ameliorate the challenges faced by the Nigerian economy within a short period by studying the experiences of countries like Iran which thrived in adversity.

This is because Iranian economy remained an inspiration for Nigeria in the deployment of technology to harness and export gas, grow food for the populace and promote entrepreneurship.

President Muhammadu Buhari made the remark while receiving a Special Envoy of the Iranian President, Mohammad Javad Zarif, at the Presidential Villa, Abuja.

Buhari, noted that Nigeria had all the potentials for growing into a great economy through more inclusive planning, consistency in government policies and commitment to the realization of development targets.

He added: “In Nigeria, we are learning. We are learning the hard way through hardship, and we are learning very quickly on how to explore other sectors of the economy like gas, solid minerals and agriculture for growth.

“We are grateful for your support and cooperation in opening up the Nigerian economy for diversification.”

In his remark, the Iranian envoy, who is also the Minister of Foreign Affairs, said the Iranian government would support the ongoing restructuring of the Nigerian economy.