In separate statements they issued
yesterday, the two chieftains of the Peoples Democratic Party (PDP) said
the economic situation of Nigerians had gone worse since the
inception of the present administration led by Buhari.
Fayose posited that Nigerians were
suffering under the APC government because “the country is in the hands
of wrong managers who do not know what to do and out of nepotism, not
ready to be assisted by those who know.”
The governor said: “Presently, Nigerians are suffering, hungry and
angry because the APC federal government has run the country aground,”
adding that: “Nigeria has gone beyond recession, the economy has collapsed completely and painfully, those who should revive the economy do not have any clue as to what to do.”
angry because the APC federal government has run the country aground,”
adding that: “Nigeria has gone beyond recession, the economy has collapsed completely and painfully, those who should revive the economy do not have any clue as to what to do.”
Also, in a statement issue in Ado-Ekiti by his
Special Assistant on Public Communications, Lere Olayinka, Fayose said
Nigeria was experiencing the worst form of nepotism in the history of
the country, saying: “Nepotism is the reason our president discarded
competent people in his party that should be running the government with
him and opted for his relatives, friends, in-laws and very close
associates.
“The only qualification to hold key positions in the presidency is to
know a certain nephew of the president or be a member of his family, that’s is nepotism and what nepotism breeds is incompetence.
know a certain nephew of the president or be a member of his family, that’s is nepotism and what nepotism breeds is incompetence.
“The most influential person in the
presidency today is said to be one Mamman Daura, who is a nephew of the
president. Personal Assistant to President Buhari is said to be the son
of Daura while the State Chief of Protocol is said to be married to
Daura’s daughter,”
“It is also the height of nepotism that apart from just two, all
security chiefs and heads of all the paramilitary agencies in Nigeria,
as well as all the political-heads overseeing all the military and
paramilitary arms and agencies are. from the North of Nigeria.”
According to him, President Buhari was obviously being tormented by fear of the unknown, which he described as the main reason people take to nepotism.
According to him, President Buhari was obviously being tormented by fear of the unknown, which he described as the main reason people take to nepotism.
“As a leader, you don’t need to fear
anything. But the moment a leader peeps into the future, realising that
his lack of capacity could have consequential effects on him, such a
leader will definitely resort to nepotism to protect himself.
“Also, the moment a government is unable
to guarantee the existence of the people, it must resort to nepotism to
protect itself and that is exactly what is being witnessed in Nigeria,
especially with the lopsided appointments of security chiefs and key
functionaries of the federal government,” he said.
While lamenting the parlous state of the
country’s economy, Fayose said: “Most of those people who aided the
emergence of Buhari must be having a rethink now, but it is too late!
“Interestingly, political affiliation has nothing to do with hunger, poverty and lack.
“Exchange rate was less than N200 to $1 when President Buhari took over power, as at today, it has gone beyond N400 to $1 and naira is still undergoing a free fall. One bag of rice was less than N8,000 as at May 2016, it is now N20,000. Kerosene is now beyond the reach of the masses.
“Exchange rate was less than N200 to $1 when President Buhari took over power, as at today, it has gone beyond N400 to $1 and naira is still undergoing a free fall. One bag of rice was less than N8,000 as at May 2016, it is now N20,000. Kerosene is now beyond the reach of the masses.
“Nigerians voted for change because the
APC promised them solutions to the country’s problems, but all we hear
every day from the APC federal government are complaints upon complaints
as if Nigerians elected a government of complaints.
“Obviously, the APC government has
failed Nigerians and the president has resorted to putting his immediate
family members and close associates in key government positions to
protect himself from the fear of the unknown that has enveloped him.”
On his part, Fani-Kayode said in the last one year and two months, Nigeria had witnessed a reversal of all the milestone recorded by the county in the area of development and well-being of the people are concerned.
On his part, Fani-Kayode said in the last one year and two months, Nigeria had witnessed a reversal of all the milestone recorded by the county in the area of development and well-being of the people are concerned.
In a statement he issued in Abuja, the
former minister who was the spokesman of the PDP presidential campaign
organisation of former President Goodluck Jonathan, said the country was
fast turning to a police state where freedom of speech is no longer
guaranteed.
“In a year and two months, graduate and non-graduate unemployment has
soared, banks and companies are retrenching, manufacturers are closing
their factories and plants, industries are collapsing, farmers are
complaining and businessmen and traders are crying. that is ‘Mai
Chanji’for you. Yet it gets worse, ‘ he said.
Fani-Kayode said there was a consensus
among economic and fiscal experts that if there is no major
intervention through devaluation before Christmas, the “naira would have
depreciated to, at best, N500 to a dollar.”
In one year and two months of ‘”President Buhari and his APC’s ‘Mai Chanji’, Nigeria has become a very different place to what it was before. Our nation has, so to speak, really been ”transformed.
In one year and two months of ‘”President Buhari and his APC’s ‘Mai Chanji’, Nigeria has become a very different place to what it was before. Our nation has, so to speak, really been ”transformed.
“A few examples will suffice. a year two
months ago, we were the largest producer of oil in Africa but thanks to
‘Mai Chanji’ that is no longer the case. A year and two months ago, we
were the number one destination for foreign investment in Africa but
thanks to “Mai Chanji” that is no longer the case.
“One year and two months ago we were the
largest economy in Africa but thanks to “Mai Chanji” that is no longer
the case. Sadly it gets worse.
“In the space of one year and two months the naira has depreciated from N160 to one dollar to N410 to one dollar.
“In the space of one year and two months the naira has depreciated from N160 to one dollar to N410 to one dollar.
“If there is no change in fiscal and
monetary policy anytime soon, there is a consensus among economic and
fiscal experts that by Christmas the naira would have depreciated to, at
best, N500 to one dollar.
“One year and two months ago Nigerians
could buy a bag of rice for N8000 but today they are paying N20,000
naira for that same bag of rice.
“As Pastor Reno Omokri, a former aide to President Jonathan said, if the minimum wage is N18,000 where are the people meant to get the money to buy rice and other basic food commodities for their families?
“As Pastor Reno Omokri, a former aide to President Jonathan said, if the minimum wage is N18,000 where are the people meant to get the money to buy rice and other basic food commodities for their families?
“One year and two months ago we were
generating 5,000 megawatts of power for the electrical grid but today we
are generating less than 2,000 megawatts.
“Again one year and two months ago we were making large sums of money from the export of our crude oil but today oil production has been reduced by one third and we are importing crude oil and refined products from the neighbouring nations of Niger and the Republic of Chad. THIS DAY
“Again one year and two months ago we were making large sums of money from the export of our crude oil but today oil production has been reduced by one third and we are importing crude oil and refined products from the neighbouring nations of Niger and the Republic of Chad. THIS DAY
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