Recession not over – Fayose

Ayodele Fayose (file photo)

.Says Nigerians are suffering, dying

By Valentine Amanze

Online Editor

 

 

Ekiti State Governor, Mr. Ayodele Fayose, has faulted claim by the federal government that Nigeria was out of economic recession.

He said, “The reality is that Nigerians are suffering and dying, with foods and drugs out of their reach and no amount of economic statistics will make meaning to people who cannot afford to eat once daily.”

Through his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose said, “Claiming that Nigeria is out of economic recession without any corresponding effect on the

living condition of the people is just like they said Boko Haram had

been defeated and over 400 people were killed by the insurgents in the

last five months.”

The governor, who also described the reason given for the cancellation

of Federal Executive Council meeting slated for today as funny, said,

“Is it not funny that the same federal government that declared public

holiday forgot that there would be a Tuesday after the public holiday and FEC meeting will be held on Wednesday?

“Methinks they should look for another lie next week because the reality is that President Muhammadu Buhari does not have the required

mental capacity and strength to rule Nigeria and I maintain that he should consider his health as well as the overall interest of Nigeria and resign.”

On the news of Nigeria exiting recession being promoted by the federal

government, Governor Fayose asked: “If Nigeria is indeed out of

economic recession, has price of foodstuffs like rice reduced to N7,000 per bag that it was when Buhari took over power? Is dollar now N197 to $1? Is petrol now back to N87 per litre that Buhari met it in May 2015? Are Nigerians now feeding comfortably, even if it is once in a day?

“Most importantly, are states now getting enough allocation from the federation account to meet their obligations, especially

payment of salary?”

He said that the claim was nothing but another attempt by the President

Buhari-led APC to deceive Nigerians ahead of the 2019 elections.

 

“It must be stated that Nigeria’s foreign reserves, which stood at

$28.6 billion by May 2015 that President Buhari took over power

declined steadily to $23.89 billion by the last quarter of 2016. It was in 2016 that Nigeria slipped into recession, owing to the bad economic policies and repressive actions of President Buhari.

 

“It is sad that the APC government has remained on the path of lies

and propaganda and I wonder why the government can’t be truthful for once.

“However, if this latest lie is about 2019 general elections, they

have missed it because Nigerians can no longer be received by the APC lying government.

“Nigerians should therefore disregard their lies and keep praying for

God intervention in the affairs of the country,” the governor

said.

 

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