President Muhammadu Buhari |
The grim economic
situation in the country appears to be deepening by the day as 27 states in the
country are finding it difficult to pay the salaries of their workers.
The
Punch report continues:
President
Muhammadu Buhari said this in his remarks at the second National Executive
Committee meeting of the All Progressives Congress in Abuja on Thursday.
Buhari
said this in reference to the unfavourable economic situation in the country,
which he said the administration was battling to stabilize.
Buhari
added, “On the economy, the fall of oil prices after Nigeria has made itself a
mono economy is a disaster. I wonder why people could not believe that in
Nigeria, about 27 out of the 36 states, have difficulties in paying basic
salaries of their workers.
“If
from 1999 to at least 2003, oil was above US$100 per barrel and an export of
about two million barrels per day, how come Nigeria failed to make some
arrangements to cushion the effect of a probably volatile oil market?”
To
address this challenge, the President said his administration began the
implementation of the Treasury Single Account, which had so far saved the
nation over ₦3tn, an amount, he believed would have been frittered away by
corrupt public officials.
He
explained that he would want to be remembered for, among other things, his
respect for the Nigerian voters, law enforcement agencies and the Independent
National Electoral Commission.
The
President expressed regret that he did not succeed in ensuring that this was
enforced in the elections in Kogi, Bayelsa and Rivers states.
The
President condemned the politically motivated killings in Rivers State,
describing them as shameful.
Buhari
added, “I think that more Nigerians are killed or killed themselves in Rivers
than in any particular state. At this stage of our political development, to
remain brutal is shameful and as a government, I promise we will do something
by the next general elections.
“I
appeal to the leadership of the military, security agents and INEC that what I
want Nigerians to remember me for, even if I leave the Presidency tomorrow, is
that I respect them.
“I
want all Nigerians to believe and hold their PVCs as personal entitlement as
Nigerians and use them the way they like, and vote for whoever they like at
whichever election.
“If
they voluntarily sell it, it is part of their right and so, let them sell it
and remain at home and not participate in any election.’’
He
said Nigeria’s over-dependence on oil revenues, mismanagement and the looting
of the common patrimony were largely responsible for the state of the economy.
The
President, who also doubles as the Minister of Petroleum Resources, explained
the reason behind the ongoing reforms in the Nigerian National Petroleum
Corporation.
He
said, “We have tried to make sure that NNPC is reorganized, so that we know how
much of our crude is taken, how much it is sold and to which account the money
is going.
“But
I tell you that up to the time we came, if anybody told you that he knew how
much of crude exchanged hands either on the high sea or reaching their
destinations and the accounts the money was paid into, that person was not
telling you the truth.
“We
are getting the cooperation of countries that have received this crude.’’
On
security, the President gave his administration a pass mark.
He
noted that the party took a very courageous decision which the executive
implemented by replacing the military hierarchy, acquiring new hardware
and software and raising the morale of the military personnel.
This,
he said, assisted in no small measure, to bring the Boko Haram insurgency
largely under control.
“I
have said it often that as far as I know, and the service chiefs, who are on
the ground, they (Boko Haram) are not holding any local government, but they
still have some capabilities, especially on soft targets by using technology,”
the President added.
On
the issue of his foreign trips, Buhari said, “As for globe-trotting, sometimes,
you need to present your case on a personal basis to your economic colleagues
and neighbours.
“Nothing
is better than personal touch and I believe that we are learning a lot and
eventually, the nation will realize so.”
The
President said when he was the Head of State, those perceived to be corrupt
were arrested and detained then given the chance to prove their innocence.
He
noted that the reverse was the case under a multi-party democracy.
Buhari
added, “We have to get credible evidence to carry out successful prosecution
and get judgment from the judiciary. But effort is being made to give a list of
recovery in whatever currencies so far so that Nigerians will know that it is
not all about long stories.”
Commenting
on the reversal of his earlier directive dissolving the boards of federal
agencies and parastatals, Buhari said, “We gave a blanket order, which we had
to rescind when we said all boards are suspended or dissolved.
“We
had to go back and lick our vomit in terms of university boards because we
found out that according to their laws, they cannot choose vice-chancellors
unless the boards seat and interview prospective candidates who want to be
VCs.’’
He
appealed to members of the party, especially the leadership, to bear with the
administration and continue to make sacrifices for the growth and development
of the nation.
Buhari
explained that he was aware of the pressure on them, especially with the state
of the economy, assuring them that everything was being done to improve on the economy
and set the nation on the path of growth.
The
President attributed the reported padding of the budget to the bureaucratic
bottlenecks that characterized the reduction of Ministries, Departments and
Agencies.
“When
we came in after 16 years of the Peoples Democratic Party’s rule, the
government had 42 ministries. We reduced them to 24, removed 21 permanent
secretaries. We were all in the process of taking over at a time of a national
budget.
“So,
imagine the volume of work and with what happened in the National Assembly, the
padding, it would appear that below the permanent secretaries, there are still
a lot of bureaucracies that are still with them,” Buhari said.
The
National Chairman of the party, Chief John Odigie-Oyegun, appealed for unity
among members of the party, which he said was necessary to enable the party to
deliver on its promises to Nigerians.
According
to him, most of the problems the APC administration is trying to solve are
inherited.
Odigie-Oyegun
added, “The problems we have are well-known, of course originating from two
well-known factors: our squandered patrimony and of course, the unfortunate
coincidence of the collapse of the price of crude.’’
Speaking
to newsmen after the meeting, Odigie-Oyegun explained that it was agreed that congresses
should be held to nominate replacement for party members, who, either through
appointment or election, have moved on.
He said a committee had
also been set up to review the party’s constitution to ratify the agreement to
downsize the number of members of the BoT.
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