November 04, 2016

I Almost Ran Away After I Assumed Office and Saw The Rot In Nigeria – President Buhari

President Muhammadu Buhari has disclosed that he felt like “absconding” after seeing the enormity of the challenges facing the country when he assumed office in May 2015.

He was speaking on Thursday during a parley with participants of the Senior Executive Course 38 of the National Institute for Policy and Strategic Studies (NIPPS) at the state house in Abuja.

He blamed the Peoples Democratic Party (PDP) for Nigeria’s economic woes.

“For 16 years and 8 consecutive governments of the other party... there was unprecedented revenue realised, the oil projection which can be verified was 2.1 million barrels per day. From 1999-2015 the average cost of each Nigerian barrel of oil was $100 per barrel.

“When we came it fell to less than $30 per barrel and is now between 40 and 50. Actually I felt like absconding because 27 out of 36 states in Nigeria cannot pay salaries and and we know they have no other source than to depend on salaries.

“And I asked, any savings? I was told there were no savings. And I asked what have you done on agriculture, power, rails, roads? Nothing. You know more than I do because you move around. I have not been moving around since after elections but you do. How many of the Trunk A (federal) roads are still good enough?

“How much power do we have although there are some elements of sabotage. I was told the money was users to import food and fuel. I didn’t believe the answer and I still don’t believe it. Until now substantial number of people in the east eat garri and groundnut, in the west pounded yam, cassava, vegetables, in the north tuwo which is made from any of the grains, millet, sorghum. They eat it in the night and warm it in the morning and eat it and take fura dinunu in the afternoon. How many of those people can afford foreign food?

“Then they said I should check out the petroleum sector. The legislature dedicated 445,000 barrels per day to the refineries and that is just 60 per cent of our requirements.

“I said OK, what of the 40%? The marketers that are bringing it just present documents, papers are just stamped and monies are taken away. This is the type of things that the Nigerian elites are doing for our own country. When you go back look at your colleagues and encourage them to be truly Nigerians.”

6 comments:

maryam sadisu said...

I weep for the future of our kids,its such a shame!

Dididjon Paul said...

Since we know all this , what is the way out sir? We cant continue like this .

Anonymous said...

Eugene, we all have the deepest respect for our President; both for his person and office. Yes there has been corruption but what pragmatic steps has he taken to reverse the trend? His utterances has not been helpful, when you call your children (nationals) thieves, you should not be surprised when foreign business partners shy away.

Also, this government has not been able to come up with any economic blue print other than either propose to sell our national assets or to go aborrowing. This knee jerk approach is not the answer.

Eugene, this is the crux of the matter. We cannot just fight fight, our president must dialogue now before he fritters away any goodwill left in his government.

You may wish to convey this to the relevant quarters.

ats three said...

Seen

Anonymous said...

Baba don't run face your work and deliver.

Charles

Anonymous said...

Nonsense! These Guys are not focused