Breaking News, Nigeria, Africa, World, Politics, Entertainment, Sports, Technology, Business, News

Buhari: My Administration Not Responsible For Recession, Blame It On Past Govts

0 12
[caption id="attachment_13400" align="alignnone" width="699"]President Muhammadu Buhari[/caption]

The All Progressives Congress-led administration seems not to have moved on from the blame game as President Muhammadu Buhari has, once again, blamed the economic downturn under his watch on past administrations.

Buhari restated his position during a meeting with Senior Executive Course No 38 of the National Institute for Policy and Strategic Studies (NIPSS) at the State House where he rejected allegations that the incapacity of his administration plunged the nation into the economic recession that we are in.

“In the last one and a half years of this administration, the economy has experienced some tough times, particularly with the decline in oil revenues, which has had a harsh impact on Nigerians at the grassroots,” Buhari said on Thursday.

RELATED:  Orji Kalu Tells Obiano, You Can’t Continue To Run Anambra Like ‘Beer Parlour’

“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 the recession limited to Nigeria – there are far, far worse cases than Nigeria.”

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

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

RELATED:  Reps Reject Request To Observe Minute Silence For Saro-Wiwa

“It is not going to be easy, but we are committed to dealing with the challenges in a decisive manner,” he added.