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Fayose Faults FG’s Claim On Economic Recession, Says; “Statistics Meaningless To Hungry Nigerians”

First Bank Nigeria

Ekiti State Governor, Mr Ayodele Fayose has faulted claim by the
federal government that Nigeria was out of economic recession, saying
“The reality is that Nigerians are suffering and dying, with foods and
drugs out of their reach and no among of economic statistics will make
meaning to people who cannot afford to eat once daily.”

Speaking 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 interests 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 be able to meet their obligations, especially
payment of salary?”

He said 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
concluded.

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