Recession: Swallow your pride – Atiku tells Buhari

November 22, 2020
7 Views

Alhaji Atiku Abubakar, a former Vice President and the Peoples Democratic Party’s presidential candidate in the last election, has given his major reason Nigeria slided into another recession.

Atiku said this administration of President Muhammadu Buhari must swallow its pride, and accept its limitations.

According to him, the present administration failed to heed to his advice and that of other well meaning citizens.

Atiku said he received the confirmation of another recession, the second time in five years, with a heavy heart.

“Because this could have been avoided had this administration taken heed to patriotic counsel given by myself and other well meaning Nigerians on cutting the cost of governance, saving for a rainy day, and avoiding profligate borrowing,” Atiku said in a statement he shared on Twitter on Sunday morning.

The former Vice President noted that despite the COVID-19 pandemic, a second recession could have been avoided through the practice of a disciplined and prudent management of the economy.

Atiku, however, said everyone must focus on solutions at the moment, adding that Nigeria needs critical leadership to guide her back to the path of economic sustainability.

The former presidential candidate pointed out that it is inhumane for the government to increase the cost of goods and services that affect the poor masses, while keeping the cost of luxuries fairly stable.

Atiku warned Buhari government against further borrowing for anything other than essential needs or to engage in White Elephant projects.

“I urge the administration of President Muhammadu Buhari to swallow its pride, and accept its limitations, so that they can open their minds to ideas, without caring who the messenger is.”

You may be interested

Ships & Ports CEO, Bolaji Akinola Bags PhD
Business
2 views
Business
2 views

Ships & Ports CEO, Bolaji Akinola Bags PhD

admin - December 6, 2020

BY YUSUF BABALOLA,Lagos Maritime and corporate communication expert, Bolaji Akinola, has bagged a Doctor of Philosophy (PhD) degree in Media…

UNICEF, NOA Moves To Promote Birth Registration In Imo Communities
News
1 views
News
1 views

UNICEF, NOA Moves To Promote Birth Registration In Imo Communities

admin - December 5, 2020

ADVERTISEMENTBY EMMANUEL MGBEAHURIKE, Owerri UNICEF has advised parents/guardians in the 27 local government areas of the state to always ensure…

Insecurity: NAF Graduates 203 Combat Search, Rescue Special Forces
News
News

Insecurity: NAF Graduates 203 Combat Search, Rescue Special Forces

admin - December 5, 2020

ADVERTISEMENTBy Haruna Mohammed, Bauchi The Nigeria Air Force, NAF, has graduated 203 airmen and women combat search and rescue force…

Leave a Comment

Your email address will not be published.