Widget powered by WhatstheScore.com

Author Topic: Fayose Accuse President buhari of wasting N250m public fund on economic retreat  (Read 209 times)

0 Members and 1 Guest are viewing this topic.

Offline admin

  • Administrator
  • Hero Member
  • *****
  • Posts: 1159
    • View Profile

The Ekiti State Governor, Mr Ayodele Fayose has described the just-concluded National Economic Council, NEC, retreat as mere jamboree and waste of over N250 million public funds, alleging that it was funny for the same set of people who ruined the economy of their states as governors to be resource persons at the event.

He asked: ?What solution can the likes of former Governor of Ekiti State, Dr Kayode Fayemi, who as governor plunged the State into unprecedented debt by borrowing money to build governor?s lodge, pavilion and uncompleted civic centre proffer to the economy of Nigeria??

Fayose, in a statement issued on Friday, by his Special Assistant on Public Communications and New Media, Lere Olayinka, averred that ?the retreat has further exposed that the All Progressives Congress (APC) government of President Muhammadu Buhari lacked economic blueprint as the president is still talking the way he talked while seeking for votes from

The statement further read: ?it is strange that close to one year after President Buhari was sworn in, he still cannot tell Nigerians one major economic step his government has taken to salvage the economy. He has not taken any key step and there is no economic team. That is strange!

?I was at the retreat and I can tell Nigerians categorically that it was just a jamboree. It was a waste of over N250 million public fund because most of the resource persons were the same people who ran their States aground.

?Instead of wasting over N250 million on such a jamboree, it would have been better if the fund is given to those downtrodden Nigerians, who are trading with as little as N5,000.

?For instance, at N10,000 each, N250 million will go round 25,000 pepper sellers whose capital is not more than N5,000 and that would go a long way in boosting their trade.

?Even most governors, including those of the APC were not happy with the economic retreat. Almost everything they proposed was opposed by the Governors.

?Also, the president in presenting himself as APC president alone and speaking as if he was still canvassing votes and chose the retreat to tell the 22 states governed by the APC to build 250,000 housing units per annum. The question is which state in the present Nigeria can build 10,000 housing units per year?

?To me, the Federal Government appears not ready to face reality. The economic retreat sounds like another talk shop retreat and a clear indication that APC and President Buhari did not have an economic blueprint even when it took two months after winning election for the president to assume office.?


APC React to PDP call for buhari's Resignation amid Nigeria 2016 missing Budget

Started by newspostng

Replies: 0
Views: 142
Last post January 15, 2016, 10:27:53 AM
by newspostng
World Bank backs Buhari to probe NNPC on missing funds

Started by mastercode

Replies: 0
Views: 352
Last post April 14, 2015, 12:28:27 PM
by mastercode
Buhari laments again - 'I inherited empty treasury, huge debts from Jonathan'

Started by mastercode

Replies: 0
Views: 164
Last post June 24, 2015, 09:33:30 AM
by mastercode
$150BN Stolen From Nigeria by Politicians, Buhari Tells Obama-Help Us Recover It

Started by internet police

Replies: 0
Views: 271
Last post July 23, 2015, 01:17:08 AM
by internet police
Nigeria Economy Collapsing Gradually, Civil service organizations Tell Buhari

Started by mastercode

Replies: 0
Views: 78
Last post October 29, 2015, 05:14:37 PM
by mastercode