+- Parapo Forums (http://www.ekitimi.com/Forums)
+-- Forum: PARAPO FORUM (http://www.ekitimi.com/Forums/forumdisplay.php?fid=1)
+--- Forum: POLITICS (http://www.ekitimi.com/Forums/forumdisplay.php?fid=5)
+--- Thread: Buhari Inherited A Bad Economy But He Has Made It Worse (/showthread.php?tid=2315)
Buhari Inherited A Bad Economy But He Has Made It Worse - Mhiz Rebecca - 03-06-2017
Former Central Bank governor, Charles Soludo,
yesterday, said that President Buhari inherited
a bad economy but made it worse. The former
CBN chief said this when he spoke at the ‘Big
Ideas Podium’, a public policy debate
organised by the Afri Heritage Institution in
Enugu.
According to him, Nigeria’s economy is in a
massive compression.
“Buhari met a very bad situation when he
assumed power, but he has made the
situation worse. Nigeria today is a fragile
state with a failing economy. Some say
failing state; some say failed state. The
economy is not just in recession; we are
suffering from massive economic
compression. Saying it is recession trivialises
the issue. It will be a miracle if after eight
years, by the time it leaves office in 2023, the
current administration is able to return the
economy in dollar terms to the exchange rate
it met when it took over. The truth is this
government inherited a very bad situation,
but it has made it very much worse.”he said
Speaking further, he said
“If you see the governments run by APC, PDP
and APGA, they are all the same, because
Nigerians don’t hold them accountable. We
must resolve as citizens not to let government
off again; peaceful agitation must be
encouraged and tolerated in this country.
Everybody must be allowed to have a voice.
For example, the APC promised us that they
were going to restructure Nigeria before the
elections. They said the current structure was
not working, they said that Nigeria was
becoming a failed state, but now they are in
power and they are not getting it done.
Unless we citizens rise up and tell the
government ‘deliver on what you promised’,
they will not get it done. Nigeria is not
working in anybody’s interest except that of
the privileged few and because of this, there
is an obsession with unnecessary distractions,
like which part of the country produces the
President. You can have the President, the
Vice President and all the ministers from one
village and the life of the ordinary people
from that village will not move from point A
to point B. The North has ruled the country
for several years, but poverty, to a very large
extent, is a northern problem. In the last
dispensation, we had Jonathan as President,
the Finance ministry and almost all the
financial institutions of government were
headed by Igbos then, but we still don’t have
any motorable federal road in Igboland.
Change is a struggle. Change is never given
by a benevolent elite. No change is given by
the government. The people always had to
ask for change. Nigeria has been waiting for
a benevolent leader since 1960 but he has not
come. You will get the type of leader that the
people demand. The change we think we
need will never be given to us. We have to
demand it. We have to agitate for it, and it is
the sustained agitation that will bring about
the change. Citizens should get involved and
stop complaining.”