{"id":59468,"date":"2017-09-06T18:39:26","date_gmt":"2017-09-06T17:39:26","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=59468"},"modified":"2017-09-06T18:39:26","modified_gmt":"2017-09-06T17:39:26","slug":"economic-recession-statistics-meaningless-hungry-nigerians-fayose","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/economic-recession-statistics-meaningless-hungry-nigerians-fayose\/","title":{"rendered":"Economic recession: Statistics meaningless to hungry Nigerians-Fayose"},"content":{"rendered":"<p>Ekiti State Governor, Mr Ayodele Fayose has faulted claim by the<br \/>\nfederal government that Nigeria was out of economic recession, saying<br \/>\n\u201cThe reality is that Nigerians are suffering and dying, with foods and<br \/>\ndrugs out of their reach and no among of economic statistics will make<br \/>\nmeaning to people who cannot afford to eat once daily.\u201d<\/p>\n<p>Speaking through his Special Assistant on Public Communications and<br \/>\nNew Media, Lere Olayinka, Governor Fayose said \u201cClaiming that Nigeria<br \/>\nis out of economic recession without any corresponding effect on the<br \/>\nliving condition of the people is just like they said Boko Haram had<br \/>\nbeen defeated and over 400 people were killed by the insurgents in the<br \/>\nlast five months.\u201d<\/p>\n<p>The governor, who also described the reason given for the cancellation<br \/>\nof Federal Executive Council meeting slated for today as funny, said;<br \/>\n\u201cIs it not funny that the same federal government that declared public<br \/>\nholiday forgot that there would be a\u00a0<span class=\"aBn\" tabindex=\"0\" data-term=\"goog_1971170142\"><span class=\"aQJ\">Tuesday<\/span><\/span>\u00a0after the public holiday<br \/>\nand FEC meeting will be held\u00a0<span class=\"aBn\" tabindex=\"0\" data-term=\"goog_1971170143\"><span class=\"aQJ\">on Wednesday<\/span><\/span>?<\/p>\n<p>\u201cMethinks they should look for another lie next week because the<br \/>\nreality is that President Muhammadu Buhari does not have the required<br \/>\nmental capacity and strength to rule Nigeria and I maintain that he<br \/>\nshould consider his health as well as the overall interests of Nigeria<br \/>\nand resign.\u201d<\/p>\n<p>On the news of Nigeria exiting recession being promoted by the federal<br \/>\ngovernment, Governor Fayose asked; \u201cIf Nigeria is indeed out of<br \/>\neconomic recession, has price of foodstuffs like rice reduced to N7,<br \/>\n000 per bag that it was when Buhari took over power? Is dollar now<br \/>\nN197 to $1? Is petrol now back to N87 per litre that Buhari met it in<br \/>\nMay 2015? Are Nigerians now feeding comfortably, even if it is once in<br \/>\na day?<\/p>\n<p>\u201cMost importantly, are States now getting enough allocation from the<br \/>\nfederation account to be able to meet their obligations, especially<br \/>\npayment of salary?\u201d<\/p>\n<p>He said the claim was nothing but another attempt by the President<br \/>\nBuhari led APC to deceive Nigerians ahead of the 2019 elections.<\/p>\n<p>\u201cIt must be stated that Nigeria\u2019s foreign reserves, which stood at<br \/>\n$28.6 billion by May 2015 that President Buhari took over power<br \/>\ndeclined steadily to $23.89 billion by the last quarter of 2016. It<br \/>\nwas in 2016 that Nigeria slipped into recession, owing to the bad<br \/>\neconomic policies and repressive actions of President Buhari<\/p>\n<p>\u201cIt is sad that the APC government has remained on the path of lies<br \/>\nand propaganda and I wonder why the government can&#8217;t be truthful for<br \/>\nonce.<\/p>\n<p>\u201cHowever, if this latest lie is about 2019 general elections, they<br \/>\nhave missed it because Nigerians can no longer be received by the APC<br \/>\nlying government.<\/p>\n<p>\u201cNigerians should therefore disregard their lies and keep praying for<br \/>\nGod intervention in the affairs of the country,\u201d the governor<br \/>\nconcluded.<\/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 faulted claim by the federal government that Nigeria was out of economic recession, saying \u201cThe reality is that Nigerians are suffering and dying,&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":57136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-59468","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 - 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