President Muhammadu Buhari on Monday in Abuja blamed past Nigerian leaders for the country’s economic troubles as he said they led without discipline.

He recounted that for the greater part of the last 16 years, oil sold above $100 per barrel but expressed regret that the nation did not have much to show for it.

“In the First Republic, more enduring infrastructure was built with meagre resources. But in the past 16 years, we made a lot of money without planning for the rainy day.

“We showed a lot of indiscipline in managing our economy, and that is why we are where we are today. But this time round, we’ll do our best” the President said while receiving the President of the International Civil Aviation Organisation (ICAO), Bernard O. Aliyu at the State House.

The President, has at different fora blamed the past administrations ruled by the People’s Democratic Party (PDP) for ruining the country’s economy.

President Buhari stressed that there was an urgent need to ensure that the potentials of Nigeria are harnessed and used for the good of the country.

“Nigeria needs to work on her potentials, so that we don’t remain permanently at the level of potentials.

“If Ethiopia is sustained largely by her airline industry, we have greater potentials here. But we must move out, engage with the rest of the world, as we need to re-establish the integrity of this country. We need to rebuild this country again.”

Aliyu, the Nigerian-born ICAO president commended President Buhari for strides on anti- corruption, and urged Nigeria to pay more attention to development of civil aviation.

“Civil aviation is a catalyst for economic development. The level of aviation development in any country mirrors the economic development of that country,” Aliyu said.

The ICAO president pledged to support the development of the aviation industry in Nigeria, urging the country to improve on training and capacity development, aviation security, aerodromes and air navigation, runways, control towers, terminal buildings, among others.

http://www.financialwatchngr.com/2016/04/04/buhari-blames-economic-woes-past-leaders/

Now that's stale

Buhari is now officially a wailer. He keeps wailing about the past leaders as if he is not art of them. Anyway, Buhari's fools will believe that he has never led this country before if the Daura President tells them that.

He is also a past leader isn't he?

This has become clichéd. You were not elected to bemoan the past but to work on the present and lay the foundation for a better future for all Nigerians. It is advisable you roll up your sleeves, sir, and get your hands dirty. A year is gone already; the time is ticking fast!

That what he knows how to do best
Blame others for his inability to rule Nigeria

Its about time we had a state House psychiatrist.

Wait oooo... is today "Ground Hog Day - the movie?"

Seems like I keep waking up to this excuse.

Blame game kwantinuewsss..

Confusion taken to a new level.

This idiotic president has forgotten so soon that he was also a past leader.

Lolz Bubu the one and only'I will do' President of Federal republic of Nigeria abeg leave talk enter work we the good people of Nigeria knew all these things that's why u & ur fellow con artistes were able to grab us last year enough of these drama pls get to work.

Oh!not again.are these dunces in touch with the people they govern?this blame game has gone stale and would soon begin to attract a stones and pellets on d heads of these APC dullards

That means all of you are involved. Come to think of it,what is the usefulness of those planes at the presidential fleet? As you know very well that Ethiopia sustains its economy with the prudent management of its airlines, just convert half in the presidential fleet and start a national career,....it will provide wealth,it will provide jobs and opportunities to our teeming youths,.
Dear President, do the needful in this regard and see the gains in quantum.

This man needs a serious factory reset, how can a right thinking man say this after 11months? How will u think of what to do? When d only thing u know is tour d world ? I feel for this old man, he doesn't even know we know all his lying tricks n tactics,
Oga, abeg get to work, oga minister of petroleum, na PDP misrule follow cause this scarcity n electricity black out so?
Don't think of what is right to do o, dey blab wetin no b ur own.

In as much as i voted and also a supporter of PMB's administration, i think there is a million blames to go around and everybody knows that, that's exactly why we voted for change. Excuses and continuous blame of past misdeeds will not solve anything, but since the President himself has'nt gotten past blame games, i am beginning to doubt if this government is ready to deliver.

I guess PMB is paid for two reasons with tax payers' money and they are. One to Sky rocket and secondly to blame past government when he his at home

[size=14pt]Soon, he will blame Cameroonians or Ghanaians.
Where are the so called PDP people now? They are ALL in APC doing the same thing of looting Nigeria, while pretending to be fighting corruption.

By the way, Buhari got more money than OBJ or yar'Adua. yet both Presidents got down to doing the real work of building Nigeria than junketting from one part of the globe to the other on visits the VP or the External Affairs Minister would have achieved better results.

Buhari isn't even ashamed of visiting a foreign country and hosting press conferences with that country's Minister of external affairs, when Nigeria has a Minister of external affairs and indeed other Ministers! Yet, he is supposed to be a President, not a Minister!

Buhari is a regretful disgrace on Nigeria.[/size]

bejeiodus:
This has become clichéd. You were not elected to bemoan the past but to work on the present and lay the foundation for a better future for all Nigerians. Roll up your sleeves, Sir, and get your hands dirty. A year is gone already, the time is ticking fast!

Roll which sleeves to do which work.
You guys never cease to amaze me. Where is the strength to work for the tired bones of a 75 years old man. The only thing he can do is hound everybody as if he is working and them blame and bemoan the past as if he was not a part. of the past leaders he is blaming. It is not his fault its just nature at work. If you've ever sat with an old man before its only stories of the good old days you will be hearing.

It's unfortunate we slid onto this mess because of our hate and ignorance. The people working around him can't talk because one he is elderly and you know how it is in Nigeria about respect for elders or else they cause the person 'ekpè'.


So for now we have write off the next four years as wasted years in our nation's history.

Things are hard, yes. We knew from last year that this year might be tougher, and the policy makers warned us to prepare our minds towards such, yes.

We made a disastrous mistake not building financial buffers or infrastructure to cushion the effect of such a sharp decline in the price of our major forex earner even though we knew too well just how volatile the oil market is.

Today, we are paying a huge price for the indiscretion of our leaders past.

Solutions are being worked on and we are hopeful before long, the indices would start looking upwards. We aren't in this alone fellas, every other major oil exporter is feeling the pinch as well.

Funny how people insist CBN open its doors to all forex applicants, that that is the panacea to our present hardship. Dudes, it is projected if that is done, what we have as reserves can't even sustain us for three months!! It is simply not an option!

This situation will pass, I believe.

Lastly, the president needs to have a second look at Adesina. Dude doesn't seem to be playing his role like the nerd he is.

opribo:


Roll which sleeves to do which work.
You guys never cease to amaze me. Where is the strength to work for the tired bones of a 75 years old man. The only thing he can do is hound everybody as if he is working and them blame and bemoan the past. It is not his fault its just nature at work. If you've ever sat with an old man before its only stories of the good old days you will be hearing.

It's unfortunate we slid onto this mess because of our hate and ignorance. The people working around him can't talk because one he is elderly and you know how it is in Nigeria about respect for elders or else they cause the person 'ekpè'.


So for now we have write off the next four years as wasted years in our nation's history.

Well, It is a democracy where majority have their way. I didn't cast my ballot for the man but others chose to. We all have to live with the consequences of their choice. The next three years look too fearful to look forward to. I only pray he is able to fix the economy, at least, to ameliorate the current sufferings. Then we can correct the mistake in 2019.

keyremotes:
He is also a past leader isn't he?

Chei the same question i wanted to ask oooo.

[color=#006600][/color] soon, buhari will blame God for his incompetence. He better start working on solving these challenges now instead of traveling all over the world

bejeiodus:
Well, It is a democracy where majority have their way. I didn't cast my ballot for the man but others chose to. We all have to live with the consequences of their choice. The next three years look too fearful to look forward to. I only pray he is able to fix the economy, at least, to ameliorate the current sufferings. Then we can correct the mistake in 2019.

He has got nothing to offer you that is why he is junketing about at least let him enjoy his life, nobody knows tomorrow. A youth looks forward to tomorrow because hr has a future ahead of him or her but an old man has nothing to look forward to. Hus time is spent anyway so he is waiting for the call and of course ready to drag anybody down along with him. We should expect nothing tangible because even the VP has no say in this matter so its a hopeless situation.

Buhari blaming past leaders since inception, him don forget say him follow

omenka:
Things are hard, yes. We knew from last year that this year might be tougher, and the policy makers warned us to prepare our minds towards such, yes.

We made a disastrous mistake not building financial buffers or infrastructure to cushion the effect of such a sharp decline in the price of our major forex earner even though we knew too well just how volatile the oil market is.

Today, we are paying a huge price for the indiscretion of our leaders past.

Solutions are being worked on and we are hopeful before long, the indices would start looking upwards. We aren't in this alone fellas, every other major oil exporter is feeling the pinch as well.

Funny how people insist CBN open its doors to all forex applicants, that that is the panacea to our present hardship. Dudes, it is projected if that is done, what we have as reserves can't even sustain us for three months!! It is simply not an option!

This situation will pass, I believe.

Lastly, the president needs to have a second look at Adesina. Dude doesn't seem to be playing his role like the nerd he is.

Adeshina dude is too cold for my liking n his silence is allowing PDP shameless lies n face saving antics to deafen me . We got do something about it.

A good leader does not pass blames.
- he takes responsibility for good, bad, and ugly situations.

Success has many siblings and relatives but Failure is an orphan.

here we go again.

Still playing the blame game

Not really.

Nigeria's problems began with the basis of our economy from independence.

When we got independent, our economy was based on selling raw materials to British markets. Raw materials like palm oil, groundnuts, cocoa, cotton, tin, columbite, coal, etc to the British markets.

The problem was that when the prices of these raw materails, which we do not control, go down, we run out of money....and then we have to go to the IMP and the World Bank to take some hefty loans....just to keep up our spending levels.

When oil became a money spinner in the 1970's.....we switched from an agric/solid minerals dependency to an oil dependency. When oil prcies crashed in 1982....we promptly went on loans taking until oil rose again 13 years ago....after which we went back to dependency.

As a result...

1.We do not have a local industry because we import the things that we should be manufacturing.Thus....zero jobs.

2.We are not really in control of our economy because we are dependent on revenues from raw materials whose prices we do not control.

3.We get into debt, because once prices go down...we run out of cash, and have to borrow to maintain current spending levels.

4.Infrastructure is poorly maintained because due to a lack of manufacturing base, we have to import everything...including spare parts. Subsequently we cannot keep up supplies of spare parts because we always do not have the money to import them.

5.Also, we do not have enough technicians...because of silly status driven stigma against techies, and also because it is not worth it to train them....since we can just import a new machine to replace the old one.

6.Because government is far more dependent on revenues from raw materials...rather than taxes...it becomes more irresponsible. It does not matter how much tax people pay...so long as oil money flows in rapidly


WHAT THIS GOVT MUST DO...

The govt must spend more on Power and Public transport, more on education, save money by ending subsides on fuel education, health and elsewhere. If it means increased fees so be it. Taxes too must be raised. Costs must be cut.The aim should be to make Nigeria have the basis for self sustainability in manufacturing in the next ten years. Corruption too must be fought.

Increased taxes....would force the government to produce results. Governments that are more reliant on taxation, rather than income from oil and so on are more responsible governments....even if the leader is a bad guy....he has no choice or else....he would be driven out of office.

When you blame others for your failure, it means you re incompetent

234GT:
Buhari is now officially a wailer. He keeps wailing about the past leaders as if he is not art of them. Anyway, Buhari's fools will believe that he has never led this country before if the Daura President tells them that.

Lol ...