In one year, Buhari/APC ruined Nigeria’s economy – Fayose


Ekiti State Governor, Mr Ayodele Fayose has lamented that in just one
year of the All Progressives Congress (APC) government of President
Mohammadu Buhari, the country’s economy was ruined so much that States
could no longer pay workers’ salaries, millions of jobs were lost,
prices of essential commodities skyrocketed to the extent that
Nigerians could no longer afford common tomato to cook and the middle
class wiped away completely.

In a statement signed by his Special Assistant on Public
Communications and New Media, Lere Olayinka, Governor Fayose said;
“Despite President Buhari’s electoral promise to reduce petrol pump
price from the N87 per litre that he met it and make life more
bearable for Nigerians, he increased the price of petrol to N145,
increased electricity tariff in spite of lack of power supply.”

He said; “food scarcity last experienced when Buhari was military Head
of State between 1983 and 1985 has returned to the country, with
Nigerians being unable to feed.”

The governor who said Nigerians should remove party, ethnic and
religious sentiments and ask themselves what they have benefitted in
the last one year, reminded Nigerians that “Foreign Reserve was $28.6
billion, Excess Crude Account (ECA) was $2.07 billion, dollars was
less than N200, petrol was N87 per litre and most importantly, one bag
of rice was N8, 500 and power generation was over 5,000MW when Buhari
assumed office.

The statement read in part; “Today, power generation is less than
1,400, Foreign Reserve has reduced to $26.5 billion, dollar is now
over N350, petrol has increased to N145 per litre and one bag of rice
is now over N15, 000!”

“I read the president’s speech and all that I saw was a president
still sounding like he was campaigning for votes more than one year
after winning election. It is disappointing that the President’s
speech was once again about promises, not about what has been done.

“Not even a mention of one kilometre of road tarred by this
administration, no single job …Read More

Source:: Nigerian Pilot