May 22, 2015 : punchng.com
Vice President-elect, Prof. Yomi Osinbajo
The
Vice President-elect, Prof. Yomi Osinbajo, has said the Muhammadu
Buhari-led government will inherit the worst economy ever in the history
of the nation.
Osinbajo and a former UK Prime Minister,
Tony Blair, spoke during the opening of a two-day Policy Dialogue on the
Implementation of the Agenda for Change, which began in Abuja on
Wednesday.
Osinbajo put the nation’s local and
international debt profile at US$60bn, with a 2015 debt-serving bill of
N953.6bn, representing 21 per cent of this year’s budget.
Comments
Geomantis:
It is obvious the outgoing administration disappointed Nigerians. That
is very clear. But when I voted Buhari, it was because I believed he
would make a difference. I am expecting good results from him, not
excuses and stories. I appeal to the incoming administration to please
shun the game of greed with our collective destiny. In six months, we
should see the direction this new government is going.
—We want to see the thieves exposed and discredited; we don’t care which party they are supporting.
—We want to see electricity in our houses, not the thousands of megawatts that are only generated on the pages of newspapers.
—We want to see a moral revolution
that will whittle down the excesses of the National Assembly and the
Presidency. The culture of impunity that makes them feed fat at the
expense of the rest of us must be stopped.
—We want to see a ruthless defeat of
terrorism through the upgrading of our armed forces and the eviction of
the pot-bellied generals who are only interested cornering money meant
for the wellbeing of the rank and file.
—We want a national revolution of
morality and conscience. Hurting others by any means must attract a
severe punishment. When someone is proved beyond doubt to be a criminal,
he must be punished, enough of pleading for kidnappers and armed
robbers.
DecodeDaRiddle:
The truth about the cash crunch is that a select few were empowered by
successive governments and it has economic, political and security
impacts on the entire country. I will suggest that the incoming
president should go after individuals that are sitting on stolen money
and recover such. It should demonstrate that the government is ready to
deal with anyone who steals public funds. In that way Nigerians will be
patient with them. The current budget should be revisited and things
like subsidy done away with so that oil cartel will be out of business
from day 1.
Mumu People:
They have started these flimsy excuses to perpetuate their fraud and
looting. Nigerians are naïve, shallow-minded and docile. And politicians
know how to manipulate Nigerian people weaknesses. Why should they
start giving excuses when they have not assumed leadership?
Danny:
Buhari should recover the trillions of naira looted by the political
elite since 1999, through corrupt practices and jumbo salaries/perks
before tampering with fuel subsidy. Everybody that has occupied a
political office since should return 30 per cent of the jumbo salaries
collected while in office or have their assets seized to recover the
money. Those involved in corruption must also account for the money. Why
should Buhari remove fuel subsidy while the political elite are
allowed to enjoy jumbo salaries, perks and pensions that deplete our
limited resources? That will be unfair.
Impartial_patriotic_Nigerian:
What you are suggesting is that Buhari should close/suspend governance
to pursue probes. Probing people might take time, even years. What needs
to be done is to move the country forward from the point where we are.
That can only be achieved by addressing the current issues like removing
the subsidy that the oil cabals feed on and directing the saved funds
to building of refineries. This will force down the price. We need
improved power supply and improvement in other aspects of our economy.
Loots must be recovered along the way but governance cannot be grounded
for just that. Most of the recovered loots might have to go into paying
back our debts.
—punchng.com
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