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Why Nigeria Is In Recession – Makarfi - Politics - Nairaland

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Why Nigeria Is In Recession – Makarfi by Anasko(m): 8:44am On Sep 25, 2016
Senator Ahmed Mohammed Makarafi, chairman, Caretaker Committee, Peoples Democratic Party, PDP has stated that the President Muhammadu Buhari government should not be blamed for the current economic recession that is biting the country hard. The issues that built up to land the country in the present economic recession, he said, predated the present administration. He therefore described the present economic situation in the country as a product of collective governance failure which builds up over the years.
In an exclusive interview with LEADERSHIP Sunday, Makarfi said the present economic recession has strong roots in structural inadequacies in the economy, which successive governments in the country have refused to address.
“Some of these things are structural that even predate this democracy, long before 1999. They are issues that dates back to the time of the military and the intermittent civilian administrations that we had. Depending on how you look at it, you can apportion blames anyhow you wish, but that being the case, it is a collective responsibility, from a collective failure,” he said.
Though he posited that the Buhari government has some measure of blames in the economic downturn, to the extent that the Central Bank of Nigeria, CBN has acknowledged that there is failure in quite a number of monetary and fiscal policies, he warned against the politicisation of the economic recession.
“If you politicise the problem, we at the high level, it may not affect us personally but it will continue to affect our followers in whose interest we say we are doing politics. Of course if you come to the current administration, even the CBN has acknowledged that there is failure in quite a number of monetary and fiscal policies. I have not heard a strong statement from the executive on what is its own failure. But again, blame game is a major factor. You solve half of the problem when you acknowledge that the problem exists, shifting the problem in order to apportion blame to your opponent is unhealthy and it is not going to make us come out of the woods,” he said.
While faulting the mix in the President Buhari’s cabinet, he noted that “The personal integrity of the president you cannot question even before he won election. So where you should give credit, you should give credit, and where you should acknowledge something you should acknowledge, and where you should criticise, you should criticise and say no, that is not the way to look at it,” he said.
On the anti-corruption fight of the Buhari government Makarfi notes that “it is only when a government is not in power that you can measure corruption. Whether it is governor, minister, chief executive of parastatals, friends of government, it is only when the government is not in power that independently you can know and measure its level of corruption. APC is now in power, let it be any other party then you can be in a better position to measure which period was more corrupt,” he said.
He, however, gave thumbs up to the anti-corruption fight of the federal government to the extent that it has touched areas where no such fight has touched under any previous government. “Let us also look at history. For the first time, military men and high level civil servants are taken to court. Just look at the military officers being prosecuted for alleged corruption. This has not happened before. It has not been proved, still an allegation, but it is more than the entire campaign fund you are talking about,” he said.



http://leadership.ng/news/551914/why-nigeria-is-in-recession-makarfi
Re: Why Nigeria Is In Recession – Makarfi by sarrki(m): 8:45am On Sep 25, 2016
Makarfi Pls don't teach us nonsense

There is no any other reason than your

Party

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Re: Why Nigeria Is In Recession – Makarfi by RealJaneDoe: 8:46am On Sep 25, 2016
Nigeria is in recession because of massive looting and our savior is not a savior
Re: Why Nigeria Is In Recession – Makarfi by TPAND(f): 8:50am On Sep 25, 2016
Nigeria is in recession because only PDP looted, but Abacha whom after 20years his own loot is still being repatriated back to us.

The military killed this country.

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Re: Why Nigeria Is In Recession – Makarfi by Hiploko(m): 8:52am On Sep 25, 2016
TPAND:
Nigeria is in recession because only PDP looted, but Abacha whom after 20years his own loot is still being repatriated back to us.

The military killed this country.
no! Because majority of the past military leaders including saint Buhari are all northerners, they are corruption free. Hold PDP's 16years rule responsible for all woes( according to Zombies)

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Re: Why Nigeria Is In Recession – Makarfi by DLondonboiy: 8:56am On Sep 25, 2016
I like that last sentence...

'But It is more than the entire campaign fund you are talking about...'

Is it about revenge?
Re: Why Nigeria Is In Recession – Makarfi by SamuelAnyawu(m): 8:58am On Sep 25, 2016
His Last Paragraph is dope cool
Re: Why Nigeria Is In Recession – Makarfi by Pavarottii(m): 9:43am On Sep 25, 2016
Stale gist.
Re: Why Nigeria Is In Recession – Makarfi by tdbankplc: 9:58am On Sep 25, 2016
They won't like this since they expected praises all around without you saying the truth, good you nailed the truth.
Re: Why Nigeria Is In Recession – Makarfi by Anasko(m): 11:35am On Sep 25, 2016
even the chairman chief wailer makarfi confess
Re: Why Nigeria Is In Recession – Makarfi by EnEnPeecee: 11:46am On Sep 25, 2016
Northerners are always their brothers keepers, thesame way many of pdp members in the north voted against Jonathan during the last election.


Imagine the kind of words flying out from the mouth of a supposedly national chairman of a national party!

The north are good at one thing. They will never go against their own and thats why our unity is nothing but a charade and an abnormally by Lord Lizard.

Why then are we blaming the igbos for agitating to go

Maksrfi is a fool and should be sacked
Re: Why Nigeria Is In Recession – Makarfi by basilo101: 2:25pm On Sep 25, 2016
Nigeria has a structural problem, no president can fix nigeria in its present structure

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