Tuesday, 6 September 2016

Jibrin to Dino Malaye : Don't blame Buhari for economic crisis

Abdulmumin Jibrin, former house of representatives chairman on appropriations, says it is “unfair and wicked” to blame the bad state of the economy on President Muhammadu Buhari, who is just over a year in office.

Jibrin was reacting to a comment credited to Dino Melaye, senator representing Kogi west, that he was afraid of being stoned by his constituents due to the “failure” of the Buhari administration.

According to Jibrin, even a magician cannot not turn around the economy within a period of one year in office.

“Let me state very categorically that the President is not to blame on the state of our economy today,” Jibrin said.

“It is unfair and very wicked to push such blame on a man who just came on board barely a year ago. Not even a magician can turn around the economy within a period of one year.

“The biggest spending in our economy, that is the budget, hasn’t even run a full course of one year. Yet some people want to crucify President Buhari. Haba! Let’s face reality.

“We all know how badly oil price has gone, a situation that adversely affected our foreign reserves and mounted pressure on the naira.

“No matter what approach we adopt to manage and deal with the situation, recovery will be slow. It is not President Buhari’s fault.

“Everyone seems to forget when the whole country was supporting more spending as against saving. But here we are today, soaked in the rainy day. President Buhari should not be used as anybody’s scape goat.”
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