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Recession: How We Got Into Trouble - Pres. Buhari - Politics - Nairaland

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Recession: How We Got Into Trouble - Pres. Buhari by AjayiWrites2: 4:53pm On Sep 23, 2016
They converged from different parts of the United States of America, top rate professionals all, Nigerians whom Mrs Abike Dabiri-Erewa, Senior Special Assistant to the President on Diaspora Matters and International Relations, described as "15 of the best people God ever created."

The professionals were in New York to meet with the Nigerian President. Top flight aeronautics engineers, physicians, I.T experts, a Judge, a top policewoman, entrepreneurs, an Import Specialist at Customs and Border Protection, professors, two straight A students, and many others.

The parley provided President Buhari opportunity to bring them up to speed on how and why Nigeria got into trouble, with an assurance that with all hands on deck, including the best brains in the Diaspora, the country would bounce back in the shortest possible time.

"I am very pleased with this meeting," President Buhari stated. "Wherever you go in the world, you find highly competent and outstanding Nigerians. They not only make great impact on their host countries and communities, their financial remittances back home also help our economy, particularly at a time like this, when things are down.

"We got into trouble as a country, because we did not save for the rainy day. For example, between 1999 and 2015, when we produced an average of 2.1 million barrels of oil per day, and oil prices stood at an average of $100 per barrel, we did not save, neither did we develop infrastructure. Suddenly, when we came in 2015, oil prices fell to about 30 dollars per barrel.

“I asked; where are the savings? There were none. Where are the railways? The roads? Power? None. I further asked; what did we do with billions of dollars that we made over the years? They said we bought food. Food with billions of dollars? I did not believe, and still do not believe.

“In most parts of Nigeria, we eat what we grow. People in the South eat tubers, those in the North eat grains, which they plant, and those constitute over 60 per cent of what we eat. So, where did the billions of dollars go? We did a lot of damage to ourselves by not developing infrastructure when we had the money.

"Talking of our military, they earned respect serving in places like Burma, Zaire, Sudan, Liberia, Sierra-Leone, and then, suddenly, that same military could no longer secure 14 out of 774 local governments in the country. Insurgents had seized them, calling them some sort of caliphate, and planting their flags there; till we came, and scattered them.

"We raised the morale of our military, changed the leadership, re-equipped and retrained them; USA, Britain, and some other countries helped us, and today, the pride of our military is restored.

"Boko Haram ran riot, killing innocent people in churches, mosques, markets, schools, motor parks, and so on. And they would then shout Allahu Akbar. But if they truly knew Allah, they would not do such evil. Neither Islam, nor any other religion I know of, advocates hurting the innocent. But they shed innocent blood, killed people in their thousands. Now, we have dealt with that insurgency, and subverted their recruitment base.

"Those who stole Nigeria dry are not happy. They recruited the militants against us in the Niger Delta, and began to sabotage oil infrastructure. We lose millions of barrels per day, at a time when every dollar we can earn, counts. It is a disgrace that a minimum of 27 states, out of 36 that we have in Nigeria, can't pay salaries.

"But I prayed so hard for God to make me President. I ran in 2003, 2007, 2011, and in 2015, He did. And see what I met on ground. But I can't complain, since I prayed for the job. In the military, I rose from 2nd Lieutenant to Major-General. I was military governor in 1975 over a state that is now six states. I was head of state, got detained for three years, and headed the Petroleum Trust Fund (PTF), which had N53 billion of that time in Nigerian banks.

“God has been very good to me, so I can't complain. If I feel hurt by anybody, I ask God to help me forgive. He has done so much for me.

"After 16 years of a different party in government, no party will come and have things easy. It's human. We need quality hands to run Nigeria, and we will utilize them. I will like to welcome you home when it's time. But I'll like you to be ready."

All the Nigerian professionals pledged to contribute their quota towards re-launching their fatherland to a new dawn.


Source:
http://www.ajayiwrites.com/2016/09/recession-how-we-got-into-trouble-pres.html

Re: Recession: How We Got Into Trouble - Pres. Buhari by Danosky502: 4:57pm On Sep 23, 2016
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its true dat d previous administratns led us to wer we r nw,bt I believe dat d very big question hanging around d minds of many Nigerians z, didn't u c dis coming before contesting n making empty promises dat u will cum as a messiah to alleviate d sufferings of d masses? if true,wat r d strategies dat u've put in place to combat d recession n bring back d glory days?


stop d blame game pls

meanwhile
FTC
lalasticlala pls do d nidful
Re: Recession: How We Got Into Trouble - Pres. Buhari by EgusiSoup: 5:01pm On Sep 23, 2016
The Blame Game Continues.

How did we get here Nigeria?

**spits**

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Re: Recession: How We Got Into Trouble - Pres. Buhari by IVORY2009(m): 5:04pm On Sep 23, 2016
the blame game continues frm here....
Re: Recession: How We Got Into Trouble - Pres. Buhari by EternalTruths: 5:06pm On Sep 23, 2016
By the time this dull president is through blaming Jonathan, Nigeria might end up in DEPRESSION if we don't pray against this man. cry

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Re: Recession: How We Got Into Trouble - Pres. Buhari by emiwanlee(m): 5:42pm On Sep 23, 2016
Oil was never $30
Re: Recession: How We Got Into Trouble - Pres. Buhari by tolufase: 5:43pm On Sep 23, 2016
Yes indeed Nigerian government refused to save for a raining day because of those EMPEROR Governors we had that time who doesn't believe in saving but spending. We had the opportunity to save more money and improve our infrastructure when the crude oil were sold Above $100 per barrel but we didn't do it. Here we are today, crude oil is below $50 per barrel couple with low productions as a result of bombing in the oil rich region(Niger Delta). This is a fact. Mr President you also have you own fair share of the economic recession we are facing today. Even before you assumed office, our economy is already bleeding. When you assumed office Mr President, you pay little or no attention to the already nosediving economy that needs urgent attention. One would expected a leader with vision who understands basic MACRO ECONOMIC objectives to quickly constitute an expects in economics to proffer temporary measures that would have reduced the hardship Nigerians are facing today since you're not ready to constitute your ministers. But you choose to do things in your own way. You Spent months taken brief from ministries and parastatals including those agencies we only recognize through the names written on their staff bus.


I PRAY GOD WILL GIVE YOU THE WISDOM TO MOVE THIS COUNTRY OUT OF THIS RECESSION. PEOPLE ARE SMILING OUT THERE. FACT!

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