Fayose: Buhari has lost touch with Nigeria’s economic realities

Ekiti State Governor, Ayodele Fayose
Ekiti State Governor, Ayodele Fayose

Ekiti State Governor, Ayodele Fayose has taken another swipe at President Muhammadu Buhari saying his latest comment that he was pleased with Nigeria’s economy shows he has lost touch with the economic realities in the country.

The president had recently while receiving a briefing from the Minister of Budget and National Planning, Udoma Udoma; the Minister of Finance, Kemi Adeosun, and the governor of the Central Bank of Nigeria, Godwin Emefiele said he was pleased with the records made so far in the economy.

But in a statement issued on Wednesday, by his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose said it
was obvious that President Buhari’s close to three months stay in London ‘had taken its toll on his mind.’

Governor Fayose, who said the economic growth of a nation can only be measured by the welfare of the people, said the president ought not to have made the statement.

“How can a President who has spent more time abroad than he spent in Nigeria be telling Nigerians that he is satisfied with the sufferings of the people? It
is like the President endorsing the sufferings of Nigerians and this is painful,” Mr Fayose said.

“That President Buhari, who met exchange rate at N197 to $1 said that he is pleased with the economy when the exchange rate is now N370 to $1 is a clear indication that the government is being run on his behalf.

“The National Bureau of Statistics (NBS), in its unemployment report for the fourth quarter (Q4) 2016 said 3.67 million Nigerians became jobless in one year and that the number of unemployed Nigerians rose from 7.51 million at the beginning of October 2015 to 11.19 million at the end of September 2016.

“The same NBS, said in its June 2015 to May 2016 National Corruption Report, that over N400 billion was paid as bribes to public officials in Nigeria in one year (June 2015 – May 2016). Yet, they will tell Nigerians that they are fighting corruption when indeed, corruption is thriving under the All Progressives Congress (APC) government of President Buhari,” the governor, a known critic of Mr Buhari said.

“As at May 29, 2015 that Buhari became President, a bag of rice was less than N8,000, a bag of rice is about N18,000 now, more than 25 states cannot pay workers salary regularly owing to dwindled revenue from the federation account, and someone is telling Nigerians that the economy is doing well? It is clear that the President has lost touch with real economic situation of the country,” Mr Fayose said.

He added that “Even a two-year-old child knows that there is hunger in the land, Nigerians are hungry, they are suffering and telling them that all is well is
like adding salt to their injury.”


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  • Ade Omowest

    Whoa, this Dasukigate fraudster governor of Ekiti is still shouting like a mad man? don:t worry, the days of your immunity are numbered.

    • 0tile

      For goodness sake what did Imam do with all the billions of dollars he borrowed? Everybody thought that by now he would have really defeated Boko Haram Muslims and rebuilt the North East.

      • Ade Omowest

        Ask Dasuki and Jonah to explain to you how money set aside to fight Bokoharam got to Ayo Fayose through Musiliu Obanikoro. You should also ask Jonah why Diezani Madueke became the conduct pipe siphoning Oil money to procure landed properties for herself and others both in Nigeria and abroad. Your Ignorance will not make you to think that the economy was destroyed by the actions of the Looters.

  • Saleh Michael

    You can say that again sir! How can a man on life support ever understand the dynamics of economic realities of the living? Maybe you can help the country with your patriotic zeal by showing the man how you have manned your ekiti estate into the most buoyant economy in the country.

  • 0tile

    For Imam Mohamed Buhari to touch down in Abuja from England where he has been on vacation for over three month to say that he is pleased with destroyed Nigerian economic is hurtful. Is like a rich fat man eating his stake in front of hungry poor people. It is ungodly.

    • FineBoy

      Very true.
      His bad economist had denied Diezani Billions of Naira loots.

      • 0tile

        What are you implying? Are you too pleased with the destroyed Nigerian economy?

        • Osakue

          Over 400 billion recovered the question is ‘ recovered from who? Which political party members are more involve in this lot?

          • FineBoy

            I don’t want to even talk about party or tribe. The people that looted our Commonwealth are connected in stealing and it knows no tribe, party or religion.

            Foolishly, we follow their familiar chorus of victimization and tribalism.

            How many poor Igbos benefited from Diezani loots?
            How many Yorubas are feasting on OBJ, Tinubu loots, or how many Hausa/Fulani are at Hill Top Minna dinning and winning with IBB and Abdulsalam.

            We are so blinded and we see our enemies with bad eyes

          • Elias James

            Our country needs minds like yours, FineBoy. May you live long, I beg God.

          • Agba

            No money recovered,is part of apc lying appratus,to deceive Nigérians.

          • Mufu Ola

            No point engaging people like u in meaningful conversation.

        • FineBoy

          Otile, I am not so ignorant to comment on half information. When you talk of destroyed economy, question one, was there an economy before than is now destroyed?

          Take industry by industry review and speak on.

          Please be specified not beat about the bush

    • Osakue

      Some food items price done drop ODe

  • Mufu Ola

    Was it economic reality that made this buffon to destroy hectares of economic farms (cocoa) in Ekiti State for a silly airport project when there’s an airport 45minutes away in Akure?

  • Elias James

    I urge those interested to read one of FineBoy’s comment here. I quote part of that comment below, after my three major concerns about our people, Nigerians. One, we are all very good analysts and leaders in our own minds, yet majority of us don’t have our acts together. My diarrhea mouth governor cousin is a shameful example. Two, overall, we are very unproductive in terms of durable and profitable ventures. Everyone wants government to wake them up in the morning, feed them, and put them to bed at night. Most of our law makers, professors and graduates should be sweeping our streets because they are incompetent in their fields of study. Businesses, not governments, build strong economies. Three, most of us have lost our dignity, civility, faith and hope. For Nigerians to be humiliated daily in places like Libya, Yemen, India, Zimbabwe, haba, not to talk of those who spend donkey years in the UK, Germany, US and can’t even come home to bury their dead parents. All I am saying is that OUR WORST ENEMY IS IN-HOUSE, and that is us. Let’s look in the mirror, my people.

    As FineBoy talk:
    How many poor Igbos benefited from Diezani loots?
    How many Yorubas are feasting on OBJ, Tinubu loots, or how many Hausa/Fulani are at Hill
    Top Minna dinning and winning with IBB and Abdulsalam.
    We are so blinded and we see our enemies with bad eyes

  • Frank Bassey

    Backward moving nation in the grips of incompetent leadership.