Former Ekiti State Governor, Ayodele Fayose, has said Nigeria’s economy may not recover from alleged ‘misgovernance’ of President Muhammadu Buhari’s administration in the next 50 years.
The former governor, who expressed this view in a series of tweets on Friday, said Buhari has badly managed the country’s economy.
Fayose was reacting to the foreign capital flow into Nigeria which plummeted by more than half in 2020 to $9.68bn, its lowest level in four years.
The National Bureau of Statistics had in its capital importation report for the fourth quarter and full-year of 2020, said the total value of capital importation into the country fell by 59.65 per cent or $14.3bn last year from $23.99bn in 2019.
Fayose said the decline in foreign capital flow was evidence of how the Buhari administration had mismanaged the economy.
According to him, apart from the economy, the current administration has caused great divisions and hatred among the various ethnic groups and has also worsened the country’s security challenges.
The tweets read, “Just read that our country’s foreign capital inflow sunk to $9.68bn, its lowest in four years. That’s according to the National Bureau of Statistics.
“This is another evidence that Buhari has killed Nigeria. Economy, security and the unity of Nigeria are in trouble now.
“50 years after Buhari, this country may not recover from these economic (and) security woes. Worse still, there is hatred amongst various ethnicities.”
“Isn’t it time for leaders of thought in this country to look beyond politics and speak up to save Nigeria from going down permanently?”