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Nairaland Forum / Nairaland / General / Politics / Falling Oil Prices Threaten My Agenda — Buhari (36899 Views)
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Falling Oil Prices Threaten My Agenda — Buhari by Amaudeogu(m): 12:47am On Apr 30, 2015 |
By Johnbosco Agbakwuru ABUJA—THE President- elect, General Muhammadu Buhari yesterday painted a gloomy picture in the economic development of his administration as he said that the decline in the revenues due to fall in oil prices poses a great threat to his administration’s development agenda. GBuhari-oilen. Buhari who visited the newly elected Senators and House of Representatives members who are undergoing induction course in preparation for the 8th National Assembly in Abuja also said that the decline in revenue would affect the reconstruction of devastated areas in the country as a result of insurgency. He reminded the elected members of the 8th assembly of the challenges the nation had been facing which he also said would continue in the near future. The challenges according to him include general insecurity and insurgency that has caused extreme human hardship and destruction of lives, livelihoods that would take over a decade to rebuild across most of North Eastern Nigeria and some parts of North western Nigeria. Another threat to his administration according to him was the devastation and environmental degradation in the Niger Delta area which he said must be attended to. Others include, “endemic corruption which has crippled human and infrastructure development for decades. Unacceptably poor provision of power supply which has had a crippling effect on development of small businesses and indeed the wider economy. “Deindustrialization for the past three decades leading to closure of many industries and migration of many to other African countries. Unacceptably high levels of unemployment and especially Youth Unemployment reaching over 40 per cent.” Besides, Gen. Buhari mentioned high cost of governance that has been crowding out the nation’s capital and human development, erosion of public social services such as infrastructure, health and education as well as lack of development in the agricultural and solid mineral sectors as areas that should be aggressively addressed. While soliciting the support of the lawmakers, the President-elect said, “The legislature is a critical component and necessary ingredient of democracy and good governance. The legislature by nature is inherently democratic in the sense that all members are equal and are elected representatives of the Nigerian people. “As President-elect, I recognize this fact and believe that legislators carry this heavy burden of representation with all the seriousness it deserves. “For a president to be successful in addressing community development and general welfare of the various people of the country, he or she would benefit from working closely and in harmony with the legislative arm of government. “I therefore commit myself to working with the legislature as development partners motivated by the desire to deliver good governance”. He commended President Goodluck Jonathan for the role he played in the sustenance of democratic institution by accepting election result, saying that Nigeria was in the threshold of history. Bemoaning high cost of governance, he said, “First and foremost, appropriate policies need to be put in place and such policies may have to be translated into laws. “Secondly, the oversight functions of the legislature is critical in ensuring that policies are implemented effectively and transparently. Therefore, my mission to bring integrity into governance would better succeed if complemented with a strong culture of transparent oversight. “We need to collaborate on the budget process and restructuring of the public sector so as to collectively tackle the menace of high recurrent cost at the expense of capital and human development.” “There is an urgent need to contain this high state of insecurity. All of you are representing various communities. We need to work together to address the problem from both its roots and manifestations. “The strongest mitigating forces at this point are to redress the power sector deficits, encourage investments that are job creating and focus on human development and reconstruction. We also need to deploy efforts in conflict resolution and peace building in all our communities. “I am here today, to invite you to work with the executive as partners in progress, as champions of good governance and development and as warriors for change. Together, we can make this nation great and as a role model in Africa and other emerging economies and democracies.” President of the Senate and Chairman of the National Assembly, David Mark, who ushered in the President-elect into the International Conference Centre, in company of other leaders of the National Assembly, described the visit as historic. Noting that it was the first time a President-elect was considering it worthwhile to address a joint session of the National Assembly, Mark agreed it was a historic meeting in the journey of democracy. For the Speaker, House of Representative and Governor-elect, Sokoto State, Honourable Aminu W. Tambuwal, Buhari has extended a hand of fellowship to the legislature by his personal visit. Tambuwal however expressed hope that his colleagues would reciprocate Buhari’s gesture by also extending a sincere hand of fellowship to the President-elect when his government fully takes over. http://www.vanguardngr.com/2015/04/falling-oil-prices-threaten-my-agenda-buhari/#sthash.JVeafz3q.dpuf 1 Like 4 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by CHAIRMAN1(m): 12:51am On Apr 30, 2015 |
Another day another excuse from baba one chance... 299 Likes 27 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Penssuwa(m): 12:54am On Apr 30, 2015 |
This one Mr. President elect is giving excuses before assuming office, it seems the wave of reality is hitting him. 269 Likes 21 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by lionduke(m): 12:57am On Apr 30, 2015 |
Maradona Muhammad, you never see anything #babaonechance 210 Likes 17 Shares
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Re: Falling Oil Prices Threaten My Agenda — Buhari by baby124: 12:59am On Apr 30, 2015 |
All the thieves, oya o. We need our money. Start contributing. Thanks for the safe keeping. 35 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Balkan(m): 12:59am On Apr 30, 2015 |
Babaonechance! Na so we take inter one chance? 173 Likes 8 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Bevista: 1:04am On Apr 30, 2015 |
GMB was addressing NASS members during their induction course, where he mentioned 8 challenges that his administration will face on assumption of office. These include Falling oil prices, Insecurity, Youth Unemployment, Power, De-industrialization, Environmental Pollution in ND, Rebuilding of ravaged NE, etc. Typically, though, the media has singled out Falling Oil Price so as to create a sensational headline. Baba is not making any excuses, he was simply being pragmatic and calling on the Legislature to join/support the Executive as developmental partners to tackle these 8 challenges. GMB simply highlighted Challenges, something every corporate leader (whether in private business or public service) does. You need to be objective about the issues, so you can come up with the right strategies to tackle them. I'm sure most of you will learn this as you become leaders. I believe GMB/APC administration (with $60 oil price) will be miles ahead of GEJ/PDP administrion (with $110 oil price). 165 Likes 15 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by apeoyemojo: 1:37am On Apr 30, 2015 |
Why is he lamenting? Didn't he say he was going to stabiize the global oil price? 236 Likes 12 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by satelliteDISH(m): 1:39am On Apr 30, 2015 |
No excuses allowed. fight corruption and improve our electricity supply. 69 Likes 3 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by nationwide1(m): 1:48am On Apr 30, 2015 |
In as much as I believe in the integrity of the general, I. don't want to believe he is giving us excuses for a case of non-performance. I think he is saying it so that nobody sees him as God as many have been made to believe. 11 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by LEvuls(m): 1:48am On Apr 30, 2015 |
Talk is Cheap Talk is Free seems someone has suddenly turned clueless as how to stabilize the oil price we are watching you Anyman that talks too much end up doing nothing Its just about time to start work,we don't want any excuse here 60 Likes |
Re: Falling Oil Prices Threaten My Agenda — Buhari by ifyan(m): 2:22am On Apr 30, 2015 |
Naso the tin de start. Kai! My people. You know say. But come to think of it, the president elect talk a lot. To him ' action speak louder than words'. Funny. .... 28 Likes |
Re: Falling Oil Prices Threaten My Agenda — Buhari by ifyan(m): 2:24am On Apr 30, 2015 |
satelliteDISH: But him no be Messiah. My bro chiillllllll. 3 Likes |
Re: Falling Oil Prices Threaten My Agenda — Buhari by QuotaSystem: 2:25am On Apr 30, 2015 |
READ THE ARTICLE, IGNORE THE HEADLINE. GMB never said he is going back on any promises, but stated common sense which is that plans made with 2 naira in mind will be more challenging to achieve when at the end of the day, you earn only 1 naira through no fault of yours. Hopefully when our stolen $20b is returned by GEJ and his cronies among other funds, even more can be done by the General to rebuild Nigeria after 16 years in PDP's wilderness. 45 Likes 2 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Nobody: 2:40am On Apr 30, 2015 |
Mr. President-Elect Sir, I'm impatiently waiting for you to teach the most clueless man on earth(GEJ) how to stabilise world oil price. 91 Likes 7 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Vicadonis(m): 2:49am On Apr 30, 2015 |
God help you GMB...
But, unfortunately, you guys used this against GEJ 78 Likes 2 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Sibrah: 3:14am On Apr 30, 2015 |
Don't worry, some $10B of the missing monies can still be recovered. 1 Like 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by PapaBrowne(m): 3:20am On Apr 30, 2015 |
Stabilize the prices joor!! You can use a decree or an edict anyone that suits. 41 Likes 2 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Truckpusher(m): 3:22am On Apr 30, 2015 |
Of course we knew you had nothing to offer but your fellow zombies felt otherwise - Now that you're there babaonechance , do your job and stop complaining like your party. #BABAONECHANCE 123 Likes 7 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by OneNaira6: 3:22am On Apr 30, 2015 |
Wetin I come read? Didn't Moses Buhari say he'll stabilize the oil prices? Why is he using as an excuse eeh? Just stabilize oil prices and your mandate is back on track After all from yoruba and North mouths, na you be the new jesus. You fit turn water to wine. Miracle worker #babaonechance 107 Likes 4 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by OneNaira6: 3:24am On Apr 30, 2015 |
CHAIRMAN1: Lmfaooo Abi ooo. Everyday, a new excuse!! 40 Likes 4 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by champion69(m): 3:42am On Apr 30, 2015 |
is it not the oil price that has been falling before the campaigns and elections or is it engine oil price he is referring to? This shld nt be an excuse Mr president elect, d price had fallen before you made your campaign promises, so deal with the oil price. 75 Likes 6 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Nobody: 3:44am On Apr 30, 2015 |
Baba doing his Job while Pdpains are beefing. 4 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by idupaul: 3:56am On Apr 30, 2015 |
Is the General saying he will not perform? General I elected U to perform so perform U will 21 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by austinesteve(m): 4:00am On Apr 30, 2015 |
#NoMoreExcuses/....we are watching in HD 10 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by austinesteve(m): 4:08am On Apr 30, 2015 |
nationwide1: your right bro....just like ur signature...." until our mentality changes we can never have the change" 8 Likes |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Borderless: 4:22am On Apr 30, 2015 |
Bevista: Bro, Nigerians are knowledgeable so don't bother tutoring us on what he said. We know and documented all he said before, perhaps without thinking of the realities though. We are waiting! 58 Likes 5 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Borderless: 4:42am On Apr 30, 2015 |
ifyan: But him dey form messiah before election nah. Have you suddenly forgotten? We are waiting o! 44 Likes 3 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by brixton: 4:45am On Apr 30, 2015 |
Babaonechance we are so waiting for you to assume power, we trust and believe in your ability to stabilize world oil price as it suits you. You only remain the change you desire in Nigeria!! Come May 30th you will sch PGEJ how to perform magic from Aso Rock. Sai Babaonechance!!! 42 Likes 1 Share |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Borderless: 4:47am On Apr 30, 2015 |
QuotaSystem: Did the reality of dwindling financial resources just happened today? Was it not staring us in the face before the elections? Is he suddenly confused about how to 'stabilize oil price'? Abeg park well joor, we are waiting! 62 Likes 3 Shares |
Re: Falling Oil Prices Threaten My Agenda — Buhari by Nobody: 4:54am On Apr 30, 2015 |
Baba, you are free to throw in the towel now rather the giving excuses!!! No room for failure, neither is there any for EXCUSES. "Excuse is the tool of the incompetent" and "the refuge of the moral coward". We will not accept your excuses, not even for 6 months 47 Likes 8 Shares |
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