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By Tobi Soniyi

President Muhammadu Buhari has rejected the criticism that his handling of the economy led the country into a recession.

Speaking at the State House,in Abuja during a meeting with ‎ the Senior Executive Course No 38 of the National Institute for Policy and Strategic Studies, (NIPSS), he said that it was not his administration that led the country into recession.

‎The president said: “In the last one and half years of this administration, the economy has experienced some tough times, particularly with the decline in oil revenues, which has some harsh impacts on Nigerians at the grassroots.

“It is also important to note that the economic recession is not the making of this administration, but rather a consequence of bad management of the economy in the past couple of decades. Nor is recession limited to Nigeria; there are far, far worse cases than Nigeria.”

The president, however, said that no matter the scale of the problem facing the country, the important thing was how to tackle it.

He said his administration was committed to finding lasting solutions to the nation’s economic structural imbalance.

“Let us have faith in our great nation that we will come out of this recession vibrant and strong‎,” he added.

‎The president said it was impossible for his administration to ignore the poor who made great sacrifice to bring him to government.

He said: “Ours more than any other government in the history of Nigeria is a people’s government. We therefore must and we will keep faith with the people.”

– ThisDaylive

63 COMMENTS

  1. I’d never open the dictionary to check the meaning of recession b4 until earlier dis year…. so if GEJ was on seat earlier dis year den its not ur government

  2. pls Mr president stop looking for some people to shift recession blame on rather look for way out
    to show you as a true leader people can relay on .
    pls take this

  3. Aboki Buhari enough of your nonsense you are there to make Nigeria a better place and not complaining up and down like a mad man…
    If you aren’t capable of ruling the country step down, you are too old and weak for that sit that is why the masses are suffering…
    If you are not responsible for the recession who then is responsible…? #Nonsense

  4. Well, just like cancer doesn’t occur overnight… Nigeria has been deteriorating over decades. It’s necessary for us to put the past behind and look for a masterplan that will restore us back to the glory days.

  5. Imagine, what a confuse statment, your governmet not responsible for recession, then, whose is responsible? Barack Obama government or Jacob Zuma and Robert mugabe. Which of them is the president of Nigeria now? tell us, we would hold the person with handcuff for national detriment.

  6. It’s true late president Jonathan didn’t hand over properly to buhari with so many problems on ground that was covered up. Everything surfaced wen buhari came in. But still, he buhari should be able to guide this country to winning ways. Although it’s true it’s gonna take time, but for me it’s already taking too long. B4, they said drinking garri iz for d poor. Now the rich are drinking garri n d poor can no longer afford the (sokiss) 1 rubber of garri is @ #900

  7. Baba na which government… So even dove were no gree fly kmot for hand.. Na Jonathan government cause am…
    Na Jonathan even do make the late Stephen Keshi and amodu die

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