APC will meet empty treasury if elected – Fayemi

Minister of Solid Minerals, Kayode Fayemi

A former governor of Ekiti state, Kayode Fayemi, has said that if the All Progressive Congress wins the presidential election today, it will inherit a “basket economy”.

Speaking to PREMIUM TIMES in his home town in Isan Ekiti, Mr. Fayemi however said the creativity of the APC will see to it that the economy bounces back in no time.

“Our agenda for change is not hidden, we have the 2015 manifesto which is a product of research and travel across the length and breadth of the country. That is how we came about our strong focus on security, economy and corruption,” he said.

“Everywhere we went this was an issue that resonated and the way to address it is to help lift the vulnerable. We will reduce inequality between the rich and the poor, so that the resources no matter how limited can be spread widely among our population.”

He said his party will not renege on its promises of a social welfare for the most vulnerable Nigerians.

“Whether you talk of our free meal a day in school or social security benefits for the indigent or free health programme, we are strongly people-focused. We are not pretending there are no challenges or the resources are available, we are going to inherit a basket economy.

“If by God’s grace, Nigerians give us the mandate to rule, we will meet empty treasury, a debt-ridden country and it will require a great deal of creativity and innovation on our part to plug all the leakages.

“So put in place incentives that would unleash the creative abilities of our people, so we can generate more jobs and wealth for the populace,” he said.

The former governor spoke about the challenges of ongoing election.

“I have been getting reports from our agents. We have a situation room right here and they have been feeding me with challenges. Anything that has to do with technology you will have some hiccups, but it is not significant enough to dismiss the use of the card reader. I heard some things from Emure, but it is fine now, in some units in Ikole, they say the card readers have not been working but INEC has promised to replace them.


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  • Spoken word

    GEJ had been a basket case

  • Awarawa

    How much did Fayemi leave in the treasury of Ekiti state?! These janjaweeds must not be allowed access to the federal purse. They loot with reckless abandon.

  • the truth

    just as u left an empty treasury in ekiti. Already giving excuses. Nigerians would not vote an illiterate to power

  • Quones

    Like you left in Ekiti.

  • Okey

    So Kayode Fayemi who looted and vandalised Ekiti State heartlessly and godlessly can be heard making this statement ? That goes to show that many of our so-called leaders have hearts of maggot.

  • Wale Adegoke

    The shameless character looted the treasury of Ekiti State. He thinks others are like him. In other climes when you are rejected by the electorates through the ballot you move on to start doing other. Fayemi accepted chairmanship of APC convention committee and now still struggling to hang around corridors of power instead of going back to the class room. For him it is not about service to the people but come and chop politics. It is sad that he is now an ardent supporter of an expired dictator.

  • Olomitutu

    Fayemi you are a loser in aspect you claim to be an educated man but u r not Bcos you don’t know defrent between your left and and your right hand, you looted all the ekiti money to tinubu to show how mugu your are, I have an advice for you to go and meet your master fayose to reach and show you to to mobilize people and how to play the real game of politics, look pls don’t be Ashame go and meet fayose 1 year lesson class

  • shakara123

    Tell them oh