Business

Bizman Wants Nigerians To Adjust To Economic Realities

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A traditional ruler and
business executive in Bayelsa State, Chief Ephraim Spiff, has urged Nigerians to readjust their living style and consumption pattern, to reflect the present economic realities in the country.
He said that Nigerians have been living on a flamboyant false life based on consumption and importation of foreign goods over the years, as well as making free money from oil revenue of government.
Spiff, who was speaking to newsmen at the Port Harcourt International Airport, Omagwa, Thursday, on his way to Lagos noted that the present economic recession being witnessed in the country is as a result of mismanagement of the nation’s resources by leaders of the country and past administrations.
“We should learn to swallow the better pills, now that things are being repaired. The damage that had been done in the economy was enormous.
“I do not think that the President knew what was on ground before he came to power, but as far as I am concerned, he is on the right track. Things have to get worse before they get better.
“Nigerians have to be patient. We have been living on false life and we have to be realistic now and that is the only way that we can survive,” he stated.
According to him, Nigeria needs a drastic touch to be able to come back from recession, and that President Buhari will try his best to put things right, even though it may not take place immediately.
He regretted that the flamboyant life style of Nigerians was responsible for the non development of locally made goods, because there was much dependence on foreign goods which had caused Nigerian rice not to develop beyond where it is presently.

 

Corlins Walter

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