₦airaland Forum

http://www.vanguardngr.com/2015/10/nigerias-economy-may-collapse-in-the-next-3-months-if-fayose/

Speaking at the 22nd Convocation of the College of Education, Ikere Ekiti, Fayose warned that unless drastic action is taken, the economy might collapse in the next three months.

Fayose, who is the Visitor to the College, lamented the deplorable state of the nation’s economy, noting that rather than address it, the All Progressives Congress- led Federal Government has been employing propaganda to deal with the issue.

He said: “This is the time for the Federal Government to come out and tell Nigerians about the state of the economy rather than employ propaganda.

“I foresee serious trouble ahead because in the next three months, the economy may collapse. Oil now sells in the region of $40 per barrel.

Things have never been bad like this. When I returned from the Holy Land yesterday (Wednesday), I was told that Ekiti got N1.4bn whereas my wage bill per month is N2.6bn.”

Governor Fayose, however decried that Ekiti people don’t pay tax, wondering how government could work for the people with depleting allocation from the centre.

They've been scammed.

Fayose saying the truth from time immemorial.

Oya collect your "change". www.nairaland.com/attachments/3017836_cdatausersdefappsappdatainternetexplorertempsavedimages2904740untitledjpegf00b416e41190686e1165a3b44a1bf51_jpegc38bc011a1512d785d67ab0131801252

And the so-called Nigerian president Buhari is busy gallivanting around with nothing meaningful to show for it.

What happened to the monetary stimulus they gave to some states?

naaaaaa!

Let it collapse right now

It's obvious, Nigeria economy is in deep recession.

If the Nigerian economy could survive the careless and irresponsible GEJ led administration, am sure it can survive even in the Sahara... Fayose no get talk to talk again..

Talkative

That's no problem. We actually was broke some months before your brother Jonathan lost the election

hahahaha, this talkactive has turned into an economist.

Talk talk.. don't go nd find way to increase ur IGR.. sitdown dia de trick ya sef

Very grave situation yet the man in charge acts like everything is ok... Is it that buhari is tone-deaf or is it just a question of being utterly inept?

Buhari should stop wasting our money on his unproductive travels.

Drchristian:
yiiiibos will be happy with dis kinda news frm dere roll model

You can't even spell ''role'' properly.
Edo whoree. See her face like leprechaun.

Drchristian:
yiiiibos will be happy with dis kinda news frm dere roll model

You can't even smell the coffee that Nigeria is financially messed up under this Buhari's administration .....Mrs Blind Bartimaeus and don't come and chant your usual "Jonathan is to blame" mantra here!

The zoo economy don fall yakata! Thank God! Finally everybody go answer him papa name!

.

anoda oritsejeafor ......or wats d spellings..

seeing is believing

Okay

Shut it! What us your state contributing to the Federal purse? This is best time to look inward at the state level and see what you can do for your people. The Federal government can't pay all your bills. The national cake is finishing so fast. My comment applies to all State governments.

Fayose - Paul Krugman of Nigeria

Are not these Fayose animals that stole the reserve for elections. Basket mouth

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I can't remember when Fayose studied Economics or he's a trained Economist.


For crying out loud, Peter Ayodele Fayose its not Airport Ekiti needs right now.


The one at Akure, isn't even used talk less of EK. OK how many people can afford travelling with Plane in Ekiti?


I want Fayose to remember that Babatunde Omotoba the former Minister of Aviation during Yar'Adua regime is from Ekiti, he promised airport in EKITI but did he fulfill it.


Ekiti economy is poor tho the former Administration of my amiable brother John Kayode Fayemi improved it by collaborating with USAID, World Bank and DFID the list is endless.


By now EKiti ought to have a Shopping Mall. Ekiti Farmers ain't encouraged.

Fayose u just stopped paying for WAEC and NECO for secondary school students.


You know what u and Afe Babalola are great deceivers, Afe will never be my role model. The so called proposed Airport ought to be established where Afe Babalola built his University.


Now his Uni is not affordable for any EKITI indigene.


The best advise I'll give Fayose is that he should work with intellectual minds not like 70 years old Carpenter.

That's not dividend of Democracy.


Move Ekiti to a greater height.



And stop blabbing slanderous comments about people.



Your criticism won't move Buhari neither Fayemi.


Rather u would be tagged as an Attention seeker or Empty Vessel that makes the largest voice.


Shalom


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Why won't it collapse when there is no clear cut, directional economic policy by the One Man Squad, Buhari the Dullard

APC + BUHARI= SCAM. WHERE IS THE FORMER CBN GOV.CHARLES SOLUDO?

The guy don see am from Jerusalem

Courtesy of buhari

its unfortunate that most youth on this forum are senseless & always back post that favours APC. as far as am concerned, Fayose is right

Professor in Economy has spoken....gibberish coming from messenger of doom.