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Fayose Faults FG’s Claim On Recession

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The Ekiti State Governor, Mr Ayodele Fayose, has faulted claims by the Federal Government that Nigeria was out of economic recession, saying, “the reality is that Nigerians are suffering and dying, with food and drugs out of their reach and no economic statistics will make meaning to people who cannot afford to eat once daily.”
Speaking through his Special Assistant on Public Communications and New Media, Lere Olayinka, Fayose said, “claiming that Nigeria is out of economic recession without any corresponding effect on the living condition of the people is just like they said Boko Haram had been defeated and over 400 people were killed by the insurgents in the last five months.”
The governor, who also described the reason given for the cancellation of Federal Executive Council meeting slated for last Wednesday as funny said: “Is it not funny that the same Federal Government that declared public holiday forgot that there would be a Tuesday after the public holiday and FEC meeting will be held on Wednesday?
“I think they should look for another lie next week because the reality is that President Muhammadu Buhari does not have the required mental capacity and strength to rule Nigeria and I maintain that he should consider his health as well as the overall interests of Nigeria and resign.”
On the news of Nigeria exiting recession being promoted by the Federal Government, Fayose asked; “If Nigeria is indeed out of economic recession, has prices of foodstuffs like rice reduced to N7, 000 per bag that it was when Buhari took over power? Is dollar now N197 to $1? Is petrol now back to N87 per litre that Buhari met in May 2015? Are Nigerians now feeding comfortably, even if it is once in a day?
“Most importantly, are states now getting enough allocation from the federation account to be able to meet their obligations, especially payment of salary?” he asked.
He said the claim was nothing but another attempt by the Buhari-led APC to deceive Nigerians ahead of the 2019 elections.
“It must be stated that Nigeria’s foreign reserves, which stood at $28.6billion by May 2015 when Buhari took over power declined steadily to $23.89billion by the last quarter of 2016. It was in 2016 that Nigeria slipped into recession, owing to the bad economic policies and repressive actions of the President.
“It is sad that the APC government has remained on the path of lies and propaganda, and I wonder why the government can’t be truthful for once.
“However, if this latest lie is about 2019 general elections, they have missed it because Nigerians can no longer be received by the APC lying government.
“Nigerians should therefore disregard their lies and keep praying for God intervention in the affairs of the country,” the governor concluded.

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