<<
Home | Music | Videos | Gist | News | Free Beatz | Mixtape | Lyrics | Movies | Stories | Sport News
Quick Contact
+2349078907187 or +2348100046892 | Join Our BBM CHANNEL: D613EAF0



groupdiv class=

« | »

Economy: Blame Jonathan, not Buhari for Nigeria’s woes –Presidency

The Presidency on Friday said Nigerians must learn to bear the pains of an economy in recession because that was the way to go if the country must be fixed.
It also insisted that the nation’s woes were caused by the mismanagement that characterised the administration of former President Goodluck Jonathan.
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said these in an opinion article titled “What is President Buhari doing with the economy?”
Shehu faulted those who hold the view that the President should forget the past and concentrate on how to reposition the country.
He said the present administration must keep a fiery memory of the past so that it does not repeat past mistakes, adding that the future must be built on the foundations of the past.
He said, “To avoid repeating the past mistakes, Nigerians must come to terms with what went wrong with the past, how bad things were, what was done wrongly, what the past government should have done, before we come to what needs to be done to right those wrongs.
“Believe me; episodes from the Jonathan era can fill books, and other possibilities, such as courtroom drama thriller.”
He attributed the current pain, which he said was inevitable to the mismanagement of the past.
He added, “The current pain is due to the mismanagement of the past. What Nigeria is currently experiencing was inevitable. This government is simply being honest with the people instead of piling up debts and concealing the truth by pretending all was rosy. This government believes that Nigerians deserve to know the truth.“People stole unbelievable amounts of money. The kind of money some of these ex-officials hold is itself a threat to the security of the state. Since it is not money earned, they feel no pain deploying just anyhow to thwart genuine and well-intentioned government efforts.
“Sadly, even that which was not stolen was wasted. Government coffers were left empty, with huge debts unpaid and unrecorded (this government is working to quantify the amount owed). Even the current high food prices can be traced to past deceit.
“For example, the previous government purchased fertilisers in 2014, worth N65bn and left the bill unpaid. In 2015, the suppliers could not supply fertilisers which resulted in a low harvest, shortages and high food prices.
“This government had to pay off the debt so that the suppliers could begin to supply fertilisers again. Across Nigeria, a green revolution is occurring as Nigerians are going back to the farms, from rice in Kebbi and Ebonyi to Soya and Sesame in Jigawa and Kano. At the same time, Nigerians are looking inwards to identify commercial opportunities from agri-businesses.
“Most of our road contractors had not been paid since 2012; many of them had sent their workers away, adding to the unemployment problem. This government has released capital allocations in the last three months that is more than the whole of 2015. In 2015, Nigeria spent a paltry N19bn on roads, in three months we have spent N74bn and we are already releasing more.
“In the transport sector in 2015, government spent just N4.2bn; we have spent N26bn, with more to follow. We are starting a concession that will revive our old rail system for freight, whilst we build a new high speed rail system. Moving heavy goods by rail will reduce our transport costs which will reduce food prices and will save our roads from damage from heavy loads. Government will embrace the private sector through PPP, concessions and other collaborations to deliver services and infrastructure efficiently.” 

Related Posts
See Christmas Gift Rescued Chibok Girls Gave Borno State Governor
Borno state governor Kashim Shettima had visited the girls on Boxing Day in Chibok local government area.  More photos below Happy #ChibokGirls present presents #Christmas gift to @GovBorno @kashimshettima during his ...
READ MORE
Ekwueme reveals what affected PDP’s development
Dr. Alex Ekwueme has said that the thought of the Peoples Democratic Party (PDP) drives him to tears as the party was planned to be in power for 60 years. Vanguard reports that the ...
READ MORE
TS News”” NYSC Corpers Lament Over Delay Of Monthly Allawee, As Recession Bites Harder
Nigeria’s economic meltdown seem to bite harder beyond the ordinary citizens let alone helpless NYSC members posted to different states especially with the Federal Government slow response to their monthly ...
READ MORE
Final Year Female Undergraduate Run Mad After She Was Reportedly Beaten By Her Lover
A final year Business Administration undergraduate of a privately owned University in Oghara (name withheld) in Delta State, on Sunday allegedly ran mad after she was reportedly pummeled by her ...
READ MORE
TS News” Group Says Planned Protests In Lagos & Abuja Will Still Hold Without 2Baba
The Enough is Enough group has come forward to say that the planned protests scheduled to hold in Lagos and Abuja tomorrow, Monday 6th of February, will still hold. According to ...
READ MORE
TS News”” Like Donald Trump; like Nnamdi Kanu, see what Fani Kayode wore to court today
On Wednesday, February 8, the former minister of aviation Femi Fani-Kayode was at the Federal High Court in Lagos for hearing on a criminal charge leveled against him by the Economic and Financial Crimes Commission ...
READ MORE
PHOTOS: Fan Throws Bra On Stage As Davido Performs
While he was performing on stage in Amsterdam one of his female fans tossed her bra to Sony Music star, Davido who passed it over to crew members where they ...
READ MORE
President Muhammadu Buhari Turns 74 Today!! (Drop Your Wishes!!)
Today, December 17th 2016 is the birthday of Nigerian President Muhammadu Buhari. He is a retired Major General in the Nigerian Army and previously served as the nation’s Head of State ...
READ MORE
OMG!! Man Spends N7m At A Night Club In Imo On New Year Day (See Photo)
This is a bill of over N7million from last night at Club Opium, Cubana in Owerri, Imo state. Seriously, is this not a sin? Whose bae spent this amount of ...
READ MORE
TS News”” Local Hunters Finally Kills Hippopotamus Terrorizing Abaji And Kwali Communities In Abuja
According to Sadiq Isah who shared this on social media, the hippopotamus was gunned down yesterday at the River Gurara, by local hunters.
READ MORE
2 Major Borno Roads Closed Due To Boko Haram Insurgency To Be Reopened – Nigerian Govt
The Federal Government will formally re-open two major roads in Borno on Sunday following the defeat of Boko Haram in most parts of the north-east by the Nigerian military. The Minister ...
READ MORE
Update: MMM Postponed The Return Of Their Service To April 9th (See Reasons)
First of all i want to remind you all that April 9th Is my birthday Wait, what were you thinking? That i would discuss about MMM? Abeg joor Do Me a favour and wish ...
READ MORE
TS News”” My husband’s obsession with Biafra is scary Nnamdi Kanu’s wife
The wife of the leader of the Indigenous People of Biafra (IPOB) Nnamdi Kanu has said that her husband is obsessed with the agitation for the freedom of Biafra - Uchechi Kanu said her ...
READ MORE
Police Arrest Redeemed Pastor Involved In Burial Of Murdered Boy
A cleric, Pastor Timothy Adigun, of the Redeemed Christian Church of God, Shere Koro, Bwari Area Council, Federal Capital Territory has been arrested for allegedly assisting a couple, Mr. and ...
READ MORE
American Rapper Snoop Dogg Reacts to Ooni of Ife’s Otisese Carnival
American Rapper Snoop Dogg Reacts to Ooni of Ife’s Otisese Carnival By  | December 22, 2016 Popular American rapper Snoop Dogg commented on a video from the recently concluded Otisese Carnival which held at Ile-Ife, Osun State from the 5th – 7th ...
READ MORE
TS Sport”” Arsenal beat Chelsea and Liverpool to sign Nigerian wonderkid Lateef Omidiji
Premier League club Arsenal have beaten Liverpool and Chelsea as the Gunners have signed a 13-year-old Nigerian wonder-kid Lateef Omidiji. According to the report, Wenger, Conte and Klopp all signified interest to land the youngster who ...
READ MORE
TS News”” The greatest enemy the country have is Hate” Osinbajo, Obaseki preach peace, love at PFN conference
Acting President, Prof. Yemi Osinbajo, Governor Godwin Obaseki of Edo state and Rev. Dr. Felix Omobude were among others who admonished Christians in the country to continuously preach the love of Jesus Christ despite ...
READ MORE
2017 UTME: JAMB, NECO, WAEC, NABTEB Harmonise Examination Time-Table
The Joint Admissions and Matriculation Board (JAMB) on Tuesday said it has agreed on a harmonised time-table with other examination bodies ahead of 2017 Unified Tertiary Matriculation Examination (UTME). The decision, ...
READ MORE
TS News”” My Husband Has Been Enjoying S*x With His 12″Years””Old Biological Daughter “”Abuja Woman Reveals
A civil servant, Blessing Ilo, on Tuesday told a Nyanya Customary Court, Abuja, that her husband has been having canal knowledge of his biological daughter. Ilo testified in a divorce petition ...
READ MORE
See Why You Should Be Careful When Buying Food From A Restaurant (Photos)
This is why one should be careful when patronizing a restaurant. Pictures of a rodent inside a food warmer at a 24-hour convenience store in Kelana Jaya has gone viral ...
READ MORE
Shameless Married Man Hit By Stroke After R*ping His Wife’s Little Niece In Delta
A 34-year-old man, Kingsley Agbini, has developed stroke after he allegedly r*ped his wife’s niece, identified as Comfort in his house at Agbarho Community in Ughelli North, Delta State. Mr. Agbini who is still recuperating ...
READ MORE
Notorious Armed Robber Caught Trying To Rape A Married Woman
Residents of an Enugu community can finally breathe a sigh of relief and sleep with their two eyes closed after a deadly robber was recently apprehended. The notorious armed robber who ...
READ MORE
3 Feared Killed In Rivers Rerun Election
At least three people have been feared dead in the rerun legislative elections that held across the three senatorial districts of the state. The election recorded heavy turnout of voters but ...
READ MORE
Shocking! Kaduna Women Expose Their Breasts Protesting Against Gov. El-Rufai Over The Killing Of Their Children (Photos)
It would be recalled that some weeks ago, the Governor of the state Nasir El-Rufai had said he had to pay some Fulani herdsmen to stop them from slaughtering villagers ...
READ MORE
TS News*” Osinbajo in crucial close door meeting with Okorocha, Sanusi
Professor Yemi Osinbajo - the acting president of Nigeria, on Wednesday, February 8, met with Emir of Kano, Mohammed Sanusi II at the Presidential Villa, Abuja. Both of them met behind closed doors. Vanguard reports that ...
READ MORE
See Christmas Gift Rescued Chibok Girls Gave Borno
Ekwueme reveals what affected PDP’s development
TS News”” NYSC Corpers Lament Over Delay Of
Final Year Female Undergraduate Run Mad After She
TS News” Group Says Planned Protests In Lagos
TS News”” Like Donald Trump; like Nnamdi Kanu,
PHOTOS: Fan Throws Bra On Stage As Davido
President Muhammadu Buhari Turns 74 Today!! (Drop Your
OMG!! Man Spends N7m At A Night Club
TS News”” Local Hunters Finally Kills Hippopotamus Terrorizing
2 Major Borno Roads Closed Due To Boko
Update: MMM Postponed The Return Of Their Service
TS News”” My husband’s obsession with Biafra is
Police Arrest Redeemed Pastor Involved In Burial Of
American Rapper Snoop Dogg Reacts to Ooni of Ife’s Otisese Carnival
TS Sport”” Arsenal beat Chelsea and Liverpool to
TS News”” The greatest enemy the country have
2017 UTME: JAMB, NECO, WAEC, NABTEB Harmonise Examination
TS News”” My Husband Has Been Enjoying S*x
See Why You Should Be Careful When Buying
Shameless Married Man Hit By Stroke After R*ping
Notorious Armed Robber Caught Trying To Rape A
3 Feared Killed In Rivers Rerun Election
Shocking! Kaduna Women Expose Their Breasts Protesting Against
TS News*” Osinbajo in crucial close door meeting

59 total views, 2 views today

Posted by December 18, 2016.

Categories: News

0 Comment(s)

Leave a Comment



« | »





SCRIPT_FILENAME