Chairman of the Nigeria Governors’ Forum (NGF) and Zamfara State Governor, Abdulaziz Yari has said that no one should blame President Muhammadu Buhari for the country’s economic woes.
While speaking with journalists in Abuja, he said that although the economic recess Nigeria is currently facing is more than that of 2008, the economy will significantly improve soon because Buhari’s administration is piloting change.
He said “They all should understand how Buhari emerged as president and the situation he met on ground on the issue of economy which is the global issue. Despite the fact that the global leaders are trying, to mention economic recession, but there is bad signal and they are managing it at the top level but in the actual sense, this recess we are in now is more than that of 2008 because China is experiencing very slow production, Brazil, Argentina.
“The only country that is doing well is America and India, so, there is significant drop in GDP globally except America and India. So, it is not about Buhari,” he added.
“If we were selling at 102/110 and we were having 38 as production cost and over 70 were put in the basket for sharing, but today, we are selling at 46 and the Joint Venture partners are still taking 38 as their cost of production thereby leaving us with less than $20. So, how are we going to survive?
“But we are still moving and thinking of how we are going to show that Nigeria has piloted change. So, the people of northern Nigeria or the entire Nigeria should look at this scenario because those in the global business know what the situation is and there is no magic. So, therefore I believe the President is doing well and he started very well.
“Definitely, he will deliver the campaign promises and at the same time, the issue of security, energy, productivity and discipline in the service, what he has achieved within the five months is remarkable.”
On nomination of ministers, he said “I have no idea that they are not happy because if anyone can say that, it should not be the north alone, it should be all Nigerians.
“And I am surprised anyone will say he or she is not happy but maybe they are not happy because he did not consult them in the selection of who his ministers will be. But in general terms, he has done well.”
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