Labour Party to Buhari, You Lied, Nigeria Can't Be Broke
Labour Party to Buhari, You Lied, Nigeria
Can't Be BrokeThe party leader today said based on the facts on ground and the value of resources available to Nigeria, the country cannot to be in such a dire economic situation as to justify it being moneyless.That is a lie.
Speaking today against the recent statement credited to President Buhari to the effect that Nigeria's economy is in critical shape, Abdulkadir said the only way the president can convince Nigerians is for him to address the nation on the revenue earnings so far and how he has implemented the 2015 budget.
"Firstly, I think President Buhari is being economical with the truth, considering the facts and the value of our resources. For him to say that the nation is broke, was he saying we have not been selling our crude oil as usual? Is he saying the Customs has not been generating revenues for the country? What of other agencies of government? Are they no longer generating funds for government?" the party leader asked.
LP said it was shocked at Buhari's pronouncement, a president who should know that the economy stands the risk of plummeting in the absence of clear economic policy direction and commitment to implementing such solutions by government.
He said as far as his party is concerned, there has not been any single infrastructural project the present federal government has embarked on since its inception more than five months ago.
According to him, Nigeria is still selling its oil, while other revenue yielding agencies have continued to make returns to the coffers of government.
"If all these resources are coming in, could the president tell the nation that since he came into office the one project that he has initiated. Let Buhari tell the nation how far he has implemented this year's budget.
"The president has been spending money without appropriation, so let him justify it and stop lamenting. He should have in place a concrete and appropriate solution if he thinks that the nation is broke. For those of us who have been observing the events in the country, we know that Nigeria is not broke. The problem is rather that of lack of direction, commitment, focus and lack of vision. But to say that the nation is broke is far from the truth. This is not acceptable to the LP. Nigeria is not broke,” he stated.
On the view that the economy is being stifled because of the absence of an economic team to manage it, the party chairman said the situation was affecting every sector in the country.
According to him, "Yes, it has to be. Every sphere of our endeavour is being affected. One thing is clear-the economy would go down because there is no provision for sustaining our infrastructure.
"Also, part of what is adversely affecting our economy is the absence of the full compliments of the cabinet team. No leader can operate without having the right people surrounding him, who would advise him. There is no way such person can succeed. “Presently, President Buhari has no minister, no cabinet and there is no one to advise him appropriately.
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