Buhari- I Will Inherit a Huge Debt and Empty Treasury Caused by Jonathan's Gov.

Published On: February 23, 2015, 11:47 am (5 years ago)
Author: Giwa bayo

The presidential candidate of the All Progressives Congress, APC, has said that he would inherit a huge debt profile and empty treasury if elected president, expressing confidence that his wealth of experience would assist in turning the situation around.
He also stated that his party’s economic policies are conceived to be people-centred, adding that the country would for the first time in over three decades experience a truly pro-people Federal Government if elected.
Buhari said this in a statement by the Director of Media and Publicity of the APC Presidential Campaign Organisation, APCPCO, Malam Garba Shehu.
His words: “It is crystal clear that our revenues are dwindling by the day and if we must survive, we cannot continue on this path of near absence of accountability, mismanagement, outright waste and jamboree that has characterised the management of public resources under the Jonathan-led PDP government.
“We can assure the mass of Nigerian people that help is on the way. We know that an APC controlled Federal Government will obviously inherit a huge debt profile and an empty treasury from this PDP Federal Government. We are confident of turning the situation around.
“It is apparent that the Federal Government has suddenly found itself in a bind with plummeting crude oil prices in the international market, but typical of a team that lacks capacity for anticipatory actions, the Federal Government has been running from pillar to post in a vain bid to stabilize the economy.
Buhari-london“Unfortunately, all conceived palliatives applied to save the nation’s declining economic indicators have merely scrapped the surface of the problems leaving the mass of Nigerians desperate, confused and hungrier.
“With external debt standing at more than $10 billion and our internal debts at more than $50 billion, it is without doubt that President Jonathan is driving Nigeria into economic wilderness. This should be a cause for concern for all well-meaning Nigerians, more so when the Federal Government responses to these rising economic challenges have, at best, been casual.
“Emblematic of this casual, non profound approach to the management of the national economy is the Central Bank of Nigeria’s devaluation of the national currency in November 2014 while retaining the Retail Dutch Auction System (RDAS).\
“Dramatically, just under three months after that devaluation, the CBN, obviously buffeted by unanticipated dynamics in the foreign exchange market, announced the closure of the RDAS and the Wholesale Dutch Auction System (WDAS). This shows clearly an uncoordinated template in the management of the national economy.”

Posted: 23-02-2015 11:47 AM | Hero
misterjohn misterjohn (m) at 23-02-2015 11:54 AM
Who says you will?
Posted: 23-02-2015 11:54 AM | Gistmaniac
Shegzan Shegzan (m) at 23-02-2015 11:56 AM

Posted: 23-02-2015 11:56 AM | Gistmaniac
echeeche echeeche Online (m) at 23-02-2015 12:01 PM
Posted: 23-02-2015 12:01 PM | Hero
Titisco64 Titisco64 (f) at 23-02-2015 12:04 PM
Well, its one of those things. Government go, government come but until you win, there`s nothing to inherit o
Posted: 23-02-2015 12:04 PM | Newbie
DJSNIPPER DJSNIPPER (m) at 23-02-2015 12:09 PM
False hope ! Sahara reporter,TVC, Punch and APC media wing are giving this Man false hope that Nigerians he put through hell will vote him in as president. They gave him false hope in 2011 which result in death of thousands of Nigeria, now the are at it again with high level of local and international propaganda to foist 72 year old great grandpa Jihadist to us at his age in a nation that pride herself with millions of credible men and women.
Buhari should note that his "sai buhari team" and his dogs and baboon are not enough to give him victory. Neither attacking GEJ and PDP and shouting "kwarupshion" and making Nigerian ungovernable yet shout "insikurity" .
Alhaji Buhari should tell us his plan for us and how he will achieve it for to consider him. GEJ failed in some areas but not match to this anti-democracy evilman
Posted: 23-02-2015 12:09 PM | Gistmaniac
freethinker freethinker (m) at 23-02-2015 12:15 PM
Posted: 23-02-2015 12:15 PM | Gistmaniac
EmekaBlue EmekaBlue (m) at 23-02-2015 12:34 PM
See dreamer
Posted: 23-02-2015 12:34 PM | Gistmaniac
uncledon uncledon (m) at 23-02-2015 01:08 PM
With God all things are possible, i see this man Bihari as a great leader, he must win this forthcoming general election and it shall be unto him according to his strong faith Buhari must rule Nigeria again for the second time.
Posted: 23-02-2015 01:08 PM | Upcoming
Ritabrenice Ritabrenice (f) at 23-02-2015 01:26 PM
Posted: 23-02-2015 01:26 PM | Gistmaniac
royalsam450 royalsam450 (m) at 23-02-2015 01:32 PM
Kai abokina u know   me i know u hip i cash am por u walai i go shuck am daga por ya head i go call am por dokubo asari make him cash am por u make him carry am por u go big reber u go dei por there Grin Grin
Posted: 23-02-2015 01:32 PM | Upcoming
vimak vimak (m) at 23-02-2015 01:45 PM
Dreams are free.
Posted: 23-02-2015 01:45 PM | Upcoming
Gold777 Gold777 (m) at 23-02-2015 02:12 PM
Buhari u will never rule Nigeria but pray u see March 28 as ur health is really affecting u
Posted: 23-02-2015 02:12 PM | Upcoming
ada100 ada100 (f) at 23-02-2015 02:57 PM
wait make you enter before you start talking nonsens
Posted: 23-02-2015 02:57 PM | Newbie
love_lifey love_lifey (m) at 23-02-2015 03:08 PM
this man sef.
Posted: 23-02-2015 03:08 PM | Upcoming
elchymo elchymo (m) at 23-02-2015 03:18 PM
Roll Eyes Roll Eyes Roll Eyes
Posted: 23-02-2015 03:18 PM | Addicted Hero
schmit schmit (f) at 23-02-2015 03:25 PM
Then leave am
Posted: 23-02-2015 03:25 PM | Hero
yuwana yuwana (m) at 23-02-2015 03:30 PM
So Buhari thinks he has won the election even before we cast our votes. I don't blame him, but the social media. With this false impression he has, if Jona is declared winner (this will happen only if jona remove Jega. INEC boss has already assured NEF that he will declare buhari winner and ask Jonathan to go to court), Buhari will declare baboon and monkey stuff.
Posted: 23-02-2015 03:30 PM | Upcoming
okilo101 okilo101 (m) at 23-02-2015 05:50 PM
GMB leads...
Posted: 23-02-2015 05:50 PM | Gistmaniac