{"id":49706,"date":"2016-05-29T17:26:35","date_gmt":"2016-05-29T16:26:35","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=49706"},"modified":"2016-05-29T17:26:35","modified_gmt":"2016-05-29T16:26:35","slug":"one-year-buhariapc-ruined-nigerias-economy-fayose","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/one-year-buhariapc-ruined-nigerias-economy-fayose\/","title":{"rendered":"In one year, Buhari\/APC ruined Nigeria\u2019s economy &#8211; Fayose"},"content":{"rendered":"<div id=\"mailview-right\" class=\"offset uibox\">\n<div id=\"messagecontent\">\n<div class=\"leftcol\">\n<div id=\"messagebody\">\n<div class=\"message-htmlpart\">\n<div class=\"rcmBody\">\n<div class=\"gmail_quote\">Ekiti State Governor, Mr Ayodele Fayose has lamented that in just one<br \/>\nyear of the All Progressives Congress (APC) government of President<br \/>\nMohammadu Buhari, the country\u2019s economy was ruined so much that States<br \/>\ncould no longer pay workers\u2019 salaries, millions of jobs were lost,<br \/>\nprices of essential commodities skyrocketed to the extent that<br \/>\nNigerians could no longer afford common tomato to cook and the middle<br \/>\nclass wiped away completely.<\/p>\n<p>In a statement signed by his Special Assistant on Public<br \/>\nCommunications and New Media, Lere Olayinka, Governor Fayose said;<br \/>\n\u201cDespite President Buhari\u2019s electoral promise to reduce petrol pump<br \/>\nprice from the N87 per litre that he met it and make life more<br \/>\nbearable for Nigerians, he increased the price of petrol to N145,<br \/>\nincreased electricity tariff in spite of lack of power supply.\u201d<\/p>\n<p>He said; \u201cfood scarcity last experienced when Buhari was military Head<br \/>\nof State between 1983 and 1985 has returned to the country, with<br \/>\nNigerians being unable to feed.\u201d<\/p>\n<p>The governor who said Nigerians should remove party, ethnic and<br \/>\nreligious sentiments and ask themselves what they have benefitted in<br \/>\nthe last one year, reminded Nigerians that \u201cForeign Reserve was $28.6<br \/>\nbillion, Excess Crude Account (ECA) was $2.07 billion, dollars was<br \/>\nless than N200, petrol was N87 per litre and most importantly, one bag<br \/>\nof rice was N8, 500 and power generation was over 5,000MW when Buhari<br \/>\nassumed office.<\/p>\n<p>The statement read in part; \u201cToday, power generation is less than<br \/>\n1,400, Foreign Reserve has reduced to $26.5 billion, dollar is now<br \/>\nover N350, petrol has increased to N145 per litre and one bag of rice<br \/>\nis now over N15, 000!\u201d<\/p>\n<p>\u201cI read the president\u2019s speech and all that I saw was a president<br \/>\nstill sounding like he was campaigning for votes more than one year<br \/>\nafter winning election. It is disappointing that the President\u2019s<br \/>\nspeech was once again about promises, not about what has been done.<\/p>\n<p>\u201cNot even a mention of one kilometre of road tarred by this<br \/>\nadministration, no single job was created except the ones created in<br \/>\nCentral Bank of Nigeria for their cronnies and children, not a single<br \/>\nmegawatt of electricity generated. This is shameful.<\/p>\n<p>\u201cThe reward Buhari gave to Nigerians for electing as president was to<br \/>\nincrease petrol pump price by N58.50 and get the Vice President, Prof<br \/>\nYemi Osinbajo to justify the increment by saying Nigeria was broke!<\/p>\n<p>\u201cIn other words, President Buhari increased petrol pump price because<br \/>\nthe country was broke and it needed to shore up its revenue base. The<br \/>\nN58.50 added to the previous pump price of N86.50 was an Indirect Tax<br \/>\nimposed on each litre of petrol purchased by Nigerians.<\/p>\n<p>\u201cIt is even more worrisome that we have a presidency that is not<br \/>\ncoordinated. The president says one thing; his vice says another while<br \/>\nhis ministers also singing\u00a0 discordant tunes. This is a clear sign of<br \/>\ncluelessness and unpreparedness for governance.<\/p>\n<p>\u201cI cannot but agree with the position of former President Olusegun<br \/>\nObasanjo, Obiageli Ezekwesili and others that President Buhari has no<br \/>\nclue economically. The situation of Nigeria today is like the visually<br \/>\nimpaired leading those who can see. But I warned Nigerians, and I am<br \/>\nstill warning Nigerians now that as it happened in 1984 when our<br \/>\nPresident was a military Head of State, the economy of Nigeria may<br \/>\ncollapse!<\/p>\n<p>\u201cTherefore, as we look forward to the end of the honeymoon of Buhari\u2019s<br \/>\npresidency, I wish to state that if supposed men of honour are going<br \/>\nunderground because of possible harassment and intimidation, I, Peter<br \/>\nAyodele Fayose will not; because this is our fatherland.<\/p>\n<p>\u201cMost importantly, those regarding President Buhari as a saint should<br \/>\nknow that he is not. The president is not also the Almighty God that<br \/>\ncannot be questioned. After all, the beauty of democracy is in<br \/>\ncredible opposition.<\/p>\n<p>\u201cToday, I have expressed my mind concerning the one year of Buhari\u2019s<br \/>\npresidency as I did before the election. This I have done basically to<br \/>\nremind Nigerians that I told them then, and it is happening now.<\/p>\n<p>\u201cMay God be with the President and bless Nigeria.\u201d<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"message\" class=\"statusbar\"><\/div>\n<\/div>\n<p>&nbsp;<\/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 lamented that in just one year of the All Progressives Congress (APC) government of President Mohammadu Buhari, the country\u2019s economy was ruined so&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":45827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-49706","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>In one year, Buhari\/APC ruined Nigeria\u2019s economy - 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\/one-year-buhariapc-ruined-nigerias-economy-fayose\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In one year, Buhari\/APC ruined Nigeria\u2019s economy - Fayose - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Ekiti State Governor, Mr Ayodele Fayose has lamented that in just one year of the All Progressives Congress (APC) government of President Mohammadu Buhari, the country\u2019s economy was ruined so&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/one-year-buhariapc-ruined-nigerias-economy-fayose\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-29T16:26:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/01\/Ayodele-Fayose.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\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\/one-year-buhariapc-ruined-nigerias-economy-fayose\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/one-year-buhariapc-ruined-nigerias-economy-fayose\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"In one year, Buhari\/APC ruined Nigeria\u2019s economy &#8211; 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