{"id":46588,"date":"2016-02-17T16:28:36","date_gmt":"2016-02-17T15:28:36","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=46588"},"modified":"2016-02-17T16:28:36","modified_gmt":"2016-02-17T15:28:36","slug":"nigeria-economy-trouble-buhari-lacks-solution-fayose","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/nigeria-economy-trouble-buhari-lacks-solution-fayose\/","title":{"rendered":"Nigeria economy in trouble, Buhari lacks solution &#8211; Fayose"},"content":{"rendered":"<p>Ekiti State Governor, Mr Ayodele Fayose has raised the alarm over the<br \/>\nimminent collapse of the county\u2019s economy, saying the President<br \/>\nMohammadu Buhari led All Progressives Congress (APC) government was<br \/>\nyet to show any sign that it has any solution to the dwindling<br \/>\neconomy.<\/p>\n<p>The governor, who called on Nigerians to prevail on President Buhari<br \/>\nto stay at home and govern the country, said it was the height of<br \/>\ninsensitivity to the plight of Nigerians that the President, who just<br \/>\nreturned from trips to France and United Kingdom will again be<br \/>\ntraveling to Egypt, Saudi Arabia and Qatar from <span class=\"aBn\" tabindex=\"0\" data-term=\"goog_1878883005\"><span class=\"aQJ\">February 20 to 27<\/span><\/span>,<br \/>\nspending seven days out of Nigeria in what they called \u201cthree-nation<br \/>\ntour.\u201d<\/p>\n<p>Speaking through his Special Assistant on Public Communications and<br \/>\nNew Media, Lere Olayinka, the governor lamented the lack of a clear<br \/>\ncut economic direction from the Federal Government, saying; \u201cIt is<br \/>\nworrisome that President Buhari does not have any economic team and<br \/>\nthere is no policy direction yet, despite spending close to nine<br \/>\nmonths in office.\u201d<\/p>\n<p>He said; \u201cthe implication of the President\u2019s obvious lack of the<br \/>\nrequired mental capacity to tackle the nation\u2019s economic problems and<br \/>\nthe resultant effects are\u00a0 human right abuses, prices of goods and<br \/>\nservices skyrocketing, daily retrenchment of workers, folding up of<br \/>\nbusinesses, States finding it difficult to pay workers salary and the<br \/>\nFederal Government not being able to prepare common budget.\u201d<\/p>\n<p>The governor described what is being experienced by Nigerians as the<br \/>\nsum total of President Buhari&#8217;s mental capacity, adding that; \u201cWith<br \/>\nPresident Buhari, Nigeria is definitely having a square peg in its<br \/>\nround hole.\u201d<\/p>\n<p>\u201cDollar has gone double since Dr Goodluck Jonathan left office, with<br \/>\nUS Dollar exchanging for N350 as at today, Foreign Reserve is<br \/>\ndeclining on daily basis, Boko Haram insurgents have come back even<br \/>\nstronger than they were when Buhari assumed office and Nigerians are<br \/>\nnow being made to pay more for electricity that is not available for<br \/>\nthem to use.<\/p>\n<p>&#8220;Most importantly, prices of foodstuffs, newsprint, medicine among<br \/>\nothers have gone over the roof. Should we still continue to attribute<br \/>\nall these to Jonathan or the Peoples Democratic Party (PDP)?<\/p>\n<p>\u201cEven former Central Bank Governor (CBN) and Emir of Kano, Sanusi<br \/>\nLamido Sanusi is saying that President Buhari\u2019s anti-corruption stance<br \/>\nis totally inconsistent with the forex regime he supported and that<br \/>\nthe Federal Government Forex Policy encourages corruption and<br \/>\nrent-seeking.<\/p>\n<p>\u201cFunny enough, some people are already talking about President<br \/>\nBuhari\u2019s second term not minding the reality that anybody thinking<br \/>\nabout Buhari&#8217;s second term is only planning to snuff life out of<br \/>\nNigerians,\u201d the governor said.<\/p>\n<p>While urging the president to focus more on the dwindling economy and<br \/>\nstay at home to attend to critical issues, Governor Fayose said;<br \/>\n\u201cTravelling from one country to another won\u2019t solve any of our<br \/>\nproblems because I have not seen where foreigners assist any nation to<br \/>\ndevelop.<\/p>\n<p>\u201cThe President should know that Nigerians are suffering and they do<br \/>\nnot need their President to junket around the world, to alleviate<br \/>\ntheir sufferings.\u201d<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Ekiti State Governor, Mr Ayodele Fayose has raised the alarm over the imminent collapse of the county\u2019s economy, saying the President Mohammadu Buhari led All Progressives Congress (APC) government was&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":46589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-46588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria economy in trouble, Buhari lacks solution - Fayose - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/nigeria-economy-trouble-buhari-lacks-solution-fayose\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria economy in trouble, Buhari lacks solution - Fayose - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Ekiti State Governor, Mr Ayodele Fayose has raised the alarm over the imminent collapse of the county\u2019s economy, saying the President Mohammadu Buhari led All Progressives Congress (APC) government was&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/nigeria-economy-trouble-buhari-lacks-solution-fayose\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-17T15:28:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/02\/Fayose-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1599\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/nigeria-economy-trouble-buhari-lacks-solution-fayose\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/nigeria-economy-trouble-buhari-lacks-solution-fayose\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"Nigeria economy in trouble, Buhari lacks solution &#8211; 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