By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Buhari’s Economic Retreat Was A ‘jamboree’ – Fayose
Font ResizerAa
Okay NewsOkay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
2025 © Okay International Limited - All rights reserved
News

Buhari’s Economic Retreat Was A ‘jamboree’ – Fayose

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2016/03/25
3 Min Read
Share
SHARE

Fayose-12-750x400-1-1-2-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1-1

Governor of Ekiti State, Ayodele Fayose, says President Muhammadu Buhari does not have any economic blueprint for the country.

Fayose also described the just concluded National Economic Council (NEC) retreat as mere jamboree and a waste of over N250 million public funds.

“The retreat has further exposed that the All Progressives Congress (APC) government of President Mohammadu Buhari lacked economic blueprint as the president is still talking the way he talked while seeking for votes from Nigerians,” he said.

In a statement released by his Special Assistant on Public Communications and New Media, Lere Olayinka on Friday, the Ekiti governor said: “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?”

“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, 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.”

TAGGED:buhariFayose
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article No Election In Rivers Until Atmosphere Is Conducive – INEC
Next Article Alex Badeh Regains Freedom After Meeting Bail Conditions

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

You Might Also Like

NewsTop stories

BREAKING: Suspected Bomb Blast Hits Travelers in Zamfara, Casualties Reported

By
Adamu Abubakar Isa
1 Min Read
InternationalNews

Le Creuset Owner Paul van Zuydam Joins South Africa’s Billionaire Ranks at 87

By
Adamu Abubakar Isa
2 Min Read
News

Ex-PDP Lagos Governorship Candidate Jandor Meets Tinubu, Briefs Him on LG Funds

By
Adamu Abubakar Isa
1 Min Read
Okay NewsOkay News
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up