The presidential candidate of the All Progressives Congress, General Muhammadu Buhari, on Sunday promised Nigerians that if elected into power, he would revive the failing economy being witnessed under the President Goodluck Jonathan-led Federal Government while saying he still has the 1983 magic to transform the nation’s economy

In a statement signed by the Director of Media and Publicity of the APC Presidential Campaign Organisation, Mallam Garba Shehu, the APC observed the panicky and uncoordinated management of the national economy by President Jonathan and his economic team.

According to the statement: “For our presidential candidate, General Buhari, it is a walk back through history. Recall that the Nigerian economy at this time shares characteristics with the Nigerian economy of 1983 when he took charge of the reign of government on a rescue mission. The Naira was weak, crude oil prices were plummeting – coupled with a heavy debt profile. Hopefully, APC will turn the nation’s economy around.

“Our party’s economic policies are consciously conceived to be people-centred. For the first time in over three decades, Nigeria will experience a truly pro-people Federal Government. This is our commitment to the mass of our people, help is on the way, they should not despair.”

The statement also restated Buhari’s commitment to end profligacy, mismanagement of the nation’s revenue, which is dwindling by the day, and block leakages with a view to saving needed funds to drive an APC-led government’s economic and infrastructure development.

The statement said further: “It is crystal clear that our revenues are dwindling by the day and if we must survive, we cannot continue on this path of near absence of accountability, mismanagement, outright waste and jamboree that has characterised the management of public resources under the Jonathan-led PDP government. General Buhari by his antecedents will run a lean government that will free resources to be deployed to his envisaged government’s interventions in critical infrastructure and economic development.

“It is apparent that the Federal Government has suddenly found itself in a bind with plummeting crude oil prices in the international market, but typical of a team that lacks capacity for anticipatory actions, the Federal Government has been running from pillar to post in a vain bid to stabilise the economy. Unfortunately, all conceived palliatives applied to save the nation’s declining economic indicators have merely scrapped the surface of the problems leaving the mass of Nigerians desperate, confused and hungrier.”

Shehu said the nation’s debt profile under the current Federal Government grew exponentially even while the country recorded the highest revenue accrued from impressive crude oil prices over a five-year period before the downward spiral of international oil prices.

Shehu added in the statement: “With external debt standing at more than $10 billion and our internal debts at more than $50 billion, it is without doubt that President Jonathan is driving Nigeria into economic wilderness. This should be a cause for concern for all well-meaning Nigerians, more so when the Federal Government responses to these rising economic challenges have, at best, been casual.

“Emblematic of this casual, non-profound approach to the management of the national economy is the Central Bank of Nigeria’s devaluation of the national currency in November 2014 while retaining the Retail Dutch Auction System. Dramatically, just under three months after that devaluation, the CBN, obviously buffeted by unanticipated dynamics in the foreign exchange market, announced the closure of the RDAS and the Wholesale Dutch Auction System. This shows clearly an uncoordinated template in the management of the national economy.”

Shehu added that the mismanagement of the economy by the Federal Government was turning Nigerians into economic derelicts, a people incapable of living up to required standards of existence, “but help is on the way”.

He said: “Though we are conscious of the dire economic strait the Federal Government has pushed Nigerians into, we can assure the mass of Nigerian people that help is on the way. We know that an APC controlled Federal Government will obviously inherit a huge debt profile and an empty treasury from this PDP Federal Government. We are confident of turning the situation around.”





http://www.theheraldng.com/will-revive-transform-economy-just-1983-buhari/

That's our Future President!



GEJ till 2019


GMB 2032 after he must have acquired his certificates

What have you revived and transformed since you left office? In your personal life, your, Village, your LGA or even your state, what have you done as a former leader and an elder in this country?....
Learn to live and let live...This country belongs to Nigerians and not a set of people who want to rule till they die in office.... At 34 you were at your peak,...over 70 now you still want to hold on....this country remains one only if we want it to....

Sai Baba

Sai Buhari

Haters u knw what to do nah.. find transformer and......

Words without deeds.

I believe in you my Presido!

Stop being delusional because you can never ever win. Who banned faibuhari

Name calling to the barest minimum just issue based

APC! Change
Sai mai gaskiya

Buhari know the full meaning of GDP so?? Lol

Wetin semi-illiterate wan revive?

Yes u will.

you will also ensure sharia all over Nigeria like u said.

you will watch Tinubu and his team steal like u did with abacha

you will allow ur relatives to carry our money away in 53 suitcases like u did.

u will ask Christians what is their business if u cut each others hands like u did.

u will not abide by democratic code of conduct because u hate democracy.

you are the same buhari that supports bokoharam and want them to be treated like militants.

so u r still the same buhari, yet u asked amampor the cnn reporter not to judge u by ur past. Yet u r refering to ur past to win votes.

Well, since u r the same buhari, we r the same Nigerians that rejected u in 2007 2011 and we will do it again in 2015.