Olalekan Adetayo, Abuja
The Acting President , Yemi Osinbajo, on Monday admitted that the economy had proven to be the biggest challenge facing the present administration.
Osinbajo said this in a national broadcast to commemorate the nation ’ s Democracy Day and second anniversary of the President Muhammadu Buhari’ s administration.
He said the government was concerned about the harsh impact of u favourable economic conditions on Nigerians.
He said , “ Admittedly , the economy has proven to be the biggest challenge of all . Let me first express just how concerned we have been , since this administration took office , about the impact of the economic difficulties on our citizens.
“ Through no fault of theirs , some companies shut down their operations , others downsized ; people lost jobs , had to endure rising food prices.
” In some states , civil servants worked months on end without the guarantee of a salary, even as rents and school fees and other expenses continued to show up like clockwork .
“ We have been extremely mindful of the many sacrifices that you have had to make over the last few years. And for this reason this administration’ s work on the economic front has been targeted at a combination of short -term interventions to cushion the pain , as well as medium to long term efforts aimed at rebuilding an economy that is no longer helplessly dependent on the price of crude oil .
“ Those short- term interventions include putting together a series of bailout packages for our State Governments, to enable them bridge their salary shortfalls – an issue the President has consistently expressed his concerns about . We also began the hard work of laying out a framework for our Social Intervention Programme , the most ambitious in the history of the country . ”
http://punchng.com/democracy-day-economy-our-biggest-problem-osinbajo/

Because APC led Government is clueless in fixing the economy .

Sir, you can do it, even though the old man has ebbed the economy to the lowest....

Where is your faith sire as a Christian?? There is a reason why you are there...

You think the economy is your only problem? Pastor living in denial.