ABAKALIKI—A Peoples Democratic Party, PDP, chieftain in Ebonyi State, Mr. Abia Onyike, yesterday, stressed that the constant blame being heaped on former President Goodluck Jonathan over the state of economy by the Federal Government was a reflection of its unpreparedness to provide quality services to Nigerians.
Briefing newsmen in Abakaliki on the state of nation, Onyike stated that the Buhari-led administration was yet to make any new or original impact on the economy of the nation, apart from buck-passing and uncoordinated anti-corruption crusade.
According to him, the Federal Government has compounded its credibility problem by disobeying court orders, which equally portrayed it as “anarchic and syndicalist.”
He called on President Muhammadu Buhari to immediately set up a non-partisan economic recovery team made up of astute economic and financial wizards with the mandate to rescue the country from imminent economic retrogression.
“All hands must be on deck. The APC government should start providing qualitative governance and take steps to reduce political tension. The uncoordinated anti-corruption crusade is becoming controversial and Nigerians are getting fed up with the politics of buck-passing.
“The energy and time wasted in blaming past administrations and witch-hunting political opponents would have been used to focus on governance. This government does not appear prepared to provide in-depth services to the people.
“The exchange rate of the naira is now N305 to one dollar. This is the worst ever in Nigerian history. Mass poverty is enveloping the nation. Something has to be done to checkmate the rapid economic depression.
“President Buhari can set up a bi-partisan economic recovery team made up of astute economic and financial wizards to rescue Nigeria from economic retrogression.”
On the issue of Biafran agitation, the PDP chieftain faulted former President Olusegun obasanjo’s description of Biafra as ‘dead’ adding that the resurgence of the Biafran idea was a response to the politics of Islamic state militants who are threatening to islamize the country.
“Though the former President was right in blaming the Biafran agitation on frustration and marginalisation, he got it wrong by claiming that the Biafran idea was dead.
“Recall that 12 Northern states adopted sharia law in Obasanjo’s first tenure as President (1999-2003). Recall also that the first major event of the 21st century was the bombing of the twin towers in New York. Islamic terrorism has grown in the world. In Africa, the story is no different.
“In Nigeria, the local franchise of global islamization is the Boko Haram. Obasanjo should first of all fight to see that the Islamization policy is dead before wishing Biafra dead because the resurgence of Biafra may be the result of the fear of Islamization and political persecution since the Igbos are the largest Christian block in the Nigerian federation.”

Source: www.vanguardngr.com/2016/01/economy-buhari-not-prepared-to-serve-nigerians-says-pdp-chieftain/

cc Lalasticlala

Bubu doesn't ve a clue of wat he is doing.he wasn't prepared 4 governance because he neva knew he will eva emerge victorious at d pull.

Buhari d confused dullard

Still waiting for APC change

Too many dummies in APC. All they wanted was to get hold of the national treasury, that's all. See their so called zero budget, lol... Everyone knows the price of crude oil is going to hit $20 but this olodo govt peg their copy cat budget at $38. We dey look.

Economy is bad because of drop in oil price. Is as simple as dat.

The case :
The case of the sinking boat after the drunk sailor crashed and broke the boat's hull.
While some are putting in the effort and are trying to bail water out of the boat,the others are sitting and asking why you are not paddling.
SMH

Buharis mission is to turn Nigeria to Afghanistan or Iraq condition. Heavenly Father will arrest him soon.

googlepikin:
Buharis mission is to turn Nigeria to Afghanistan or Iraq condition. Heavenly Father will arrest him soon.

Add Somalia and Syria to that, but our Heavenly father will not allow him.

oduastates:
The case :
The case of the sinking boat after the drunk sailor crashed and broke the boat's hull.
While some are putting in the effort and are trying to bail water out of the boat,the others are sitting and asking why you are not paddling.
SMH

Thank you. I cant stand these functional nairaland illiterates ( mainly made up of ethnic haters, SE/SS election malcontents and bitter folks) who fail to engage their brain and insist on childishly screaming "the economy" . What booming economy will any reasonable Nigerian expect right now. Fact number one : we are a mono economy with our major export being crude oil. We are and will continue to be vulnerable to oil price for the foreseeable future . It is therefore not difficult for a reasonable adult, devoid of prejudice, to note that the healthy and booming sale of crude is directly and inextricably linked to the economic success and well-being of Nigeria.

http://www.answers.com/Q/What_is_a_mono_economy

a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.

Fact number two is that crude oil price, due to no fault of Buhari, has gone from $110.00 per barrel under GEJ to $30.00 per barrel under our current President. this is devastating for a mono economy i.e a fall of more than 60% of the value of the export its economy is almost solely reliant on. Do some hateful Nigerians think at all and can they see what GEJ and the PDP have done that Buhari is trying to reverse?

What economic/employment/infrastructure miracles do Nigerians expect when the last government looted everything that would have enabled us to go into this difficult period in a more economically assured and insulated manner? To make matters worse, and courtesy of the PDP, we do not have the required 'buffers' that will help us survive and overcome this difficult economic downturn more easily i.e a strong SME sector, robustly diversified economy, adequate 'rainy day savings' et al.

To be honest, it is crystal clear it is only unrepentantly hateful elements , ala IPOD supporters and Boko Haram backers, who will fail to see that GEJ and the PDP are 100% to blame for our current woeful situation and that Buhari/the APC need time and support to turn things around. What makes things more tragic is the fact that it is those who fanatically supported the disastrous GEJ for a second term that are attacking and criticising Buhari childishly and unreasonably.