THE BIRTH OF RECESSION IN NIGERIA

Economic recession , which miracle do we expect frm Buhari? I ask these pple. Where we not in the country when this man postponed elections for 2 weeks and began to distribute dollars? The dollars went round all the towns, cities and villages in Nigeria ,only Awujale of Ijebu rejected his own share.
We were in these country when an aircraft belonging to Orisajafor was arrested in south Africa with Nigeria dollars. As we speak, Ekiti state governor is with N4.7b, Omisore, 1.2b, Fani Kayode, 800m, Olisah metuh, 400m, Dokpesi 2b for publicities , Bafarawa, 4b , for prayers , ladoja, 100m, Olu Falae, 100m, Kingsley Kuku, 1.5b, lamido and sons , 1b each, Obanikoro and children, several millions, Mimiko, 15b and their Atm, Dasuki. To my surprise, non of these notoriously corrupt pple have denied all these huge cash. Edwin Clark, Tompolo and Dokubo all own private universities from what businesses did they get their funds? This is just to mention a few.
But my own pain here is that, President Buhari's now being nice or religious , instead of him to ignore pdp's positioned judiciary and send all these pple to prison , if he had done that, pple would understand where the recession's coming from.

Economic recession: Why Nigerians must know what went wrong – Presidency

Nigerians reserve the right to keep talking and asking questions about how the economy got stuck, the Senior Special Assistant to the President on Media, Malam Garba Shehu has said.
Shehu, in a reaction to the “cacophony of voices telling the Muhammadu Buhari administration to close its eyes to the past,” observed that citizens “must keep a fiery memory of the past so that we don’t repeat its mistakes.”
He said: “To avoid repeating the past mistakes, Nigerians must come to terms with what went wrong with the past, how bad were things, what was done wrongly, and what the past government should have done, before we come to what needs to be done to right those wrongs.
“Believe me, episodes from the Jonathan era can fill books, and other possibilities such as courtroom drama thriller.”
He said that the economic pain which the generality of Nigerians currently experience is inevitable given “the mismanagement of the past.”
“This government is simply being honest with the people instead of piling up debts and concealing the truth by pretending all was rosy. This government believes that Nigerians deserve to know the truth,” he said.
“People stole unbelievable amounts of money. The kind of money some of these ex-officials hold is itself a threat to the security of the state. Since it is not money earned, they feel no pain deploying it just anyhow to thwart genuine and well-intentioned government efforts.
“Sadly, even that which was not stolen was wasted. Government coffers were left empty, with huge debts unpaid and unrecorded (this government is working to quantify the amount owed). Even the current high food prices can be traced to past deceit.
“For example, the previous government purchased fertiliser in 2014 worth N65 billion and left the bill unpaid. In 2015, the suppliers could not supply fertilizer, which resulted in a low harvest, shortages and high food prices. This government had to pay off the debt so that the suppliers could begin to supply fertiliser again.
“Across Nigeria, a green revolution is occurring as Nigerians are going back to the farms, from rice in Kebbi and Ebonyi to Soya and Sesame in Jigawa and Kano. At the same time, Nigerians are looking inwards to identify commercial opportunities from agri-businesses.
“Most of our road contractors had not been paid since 2012; many of them had sent their workers away, adding to the unemployment problem. This government has released capital allocations in the last three months that is more than the whole of 2015.
“In 2015, Nigeria spent a paltry N19 billion on roads. In three months, we have spent N74 billion and we are already releasing more.”
He argued that Nigeria would have

BUNKUM .... TRASH

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