Nigeria’s Economy Is A Complete Disaster Under Your Administration- Ezekwesili Blasts Buhari

Nigeria’s Economy Is A Complete Disaster Under Your Administration- Ezekwesili Blasts Buhari

Convener of the ‘Bring Back Our Girls’ movement and former Presidential Candidate of the Allied Congress Party of Nigeria (ACPN) Dr Oby Ezekwesili has said that the country’s economy is a complete disaster under President Muhammadu Buhari.
Ezekwesili said this during an interview session with Channels TV on Thursday.
The former president aspirant added Nigerians have become poorer in the past four years.

“The economy is a complete disaster. What has happened since this government came into office has been a decline.”

“First, we went into recession and went into -1. 8% GDP growth. Then we came out of it at 0.8% growth, then we climbed into 2.38 (and) now we are at 2.01. So, what it means is that as these lower levels of GDP growth rate are going on and our population (growth) rates are steady at above 2% – almost 3%, we actually are getting poorer.

“We are in serious trouble. If we were to be a publicly quoted company, we would have been put up for a special team to undertake a rescue operation on us.

“Do you understand what it means for us to have near 25 percent unemployment rate in the country; for more than 40 percent of our young people to be unemployed?

“Economic policy has to signal immediately to the market that we will be a government that enables and support the private sector to do what it must do, while we will invest in the most important area of human development, health and education because we need a productive citizenry.”