President Muhammadu Buhari on Monday
regretted that Nigeria has little to show for the
huge resources it made from oil in the past 16
years.
He said despite the fact that oil sold above $
100 per barrel for the greater part of the last
16 years, leaders of the country refused to
plan for the rainy day.
According to a statement by his Special
Adviser on Media and Publicity, Mr. Femi
Adesina, the President spoke while receiving
the Nigerian-born President of the
International Civil Aviation Organisation, Dr.
Bernard O. Aliyu, at the Presidential Villa,
Abuja.
Buhari said while enduring infrastructure was
built with the little resources available in the
First Republic, a lot of money was made in the
last 16 years with little to show for the
money.
The Peoples Democratic Party has been in
charge of the Federal Government in the last
16 years, until 2015 when Buhari of the All
Progressives Congress ousted the former
President Goodluck Jonathan of the PDP.
“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.
He stressed the urgent need to ensure that the
potentials of Nigeria are harnessed and used
for the good of the country.
He said, “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 was also quoted as commending Buhari
for his strides on anti-corruption fight.
He was said to have 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.
He urged the country to improve on training
and capacity development, aviation security,
aerodromes and air navigation, runways,
control towers as well as terminal buildings,
among others. http://www.punchng.com/weve-little-to-show-for-16-years-of-oil-boom-buhari/

That's why you're the president and pet' minister..... To even think the situation is getting worse under your nose baffles me.

O God, i commit the judgement of all those who connived to impose the most stupidest administration of Buhari with it's attendant hardship on us into your hands, judge the righteously in your name, amen.

APC is a mega SCAM.

Ode... We knew . That was why we wnted change.

What is he telling us now?


Chai. Nigeria we hail thee..

We r always in the " we will", we should, we can" phase.

When we go do o

In God I trust

Pls Mr buhari stop complaining and get to work..

How long will you sing this song
i know all the lyrics already
the only song i dont get tired of is when a woman...

Have you blamed GEJ today?

EverestdeBliu:
That's why you're the president and pet' minister..... To even think the situation is getting worse under your nose baffles me.

a leg that's been decaying for 16 years should just heal up in 11 months ??


You'll baffle into your disgrace


Nothing personal