President Muhammadu Buhari has said the federal government is working round the clock to lead the country out of recession, explaining that the economic recession in the country as a result of the cumulative effects of worldwide economic downturn and failure in the past to plan and save for difficult times.
“I assure you that this administration is working round the clock to remove the hardships the country is going through. The present recession is as a result of cumulative effects of worldwide economic downturn and failure in the past to plan and save for difficult times,” he explained.
The President in a short message to Muslim faithful celebrating the Eid-el-Kabir festival yesterday pleaded with Nigerians that the current economic hardships could not be properly understood without an appreciation of the past mistakes.
But the opposition Peoples Democratic Party (PDP) in its message to the nation’s Muslims told the Buhari led administration to stop looking for scapegoats for its inability to run the economy and get down to the task of retrieving the economy from the recess it had pushed it.
“The president and his APC counterparts were elected to further better the lots of Nigerians, and not to dish out constant complaints on the situation which they mindlessly created not minding the attendant consequences of their actions on our collective destinies,” the PDP said in a direct reference to the president’s message. “It is, therefore, high time they stopped this unnecessary grumbling and concentrate on how to redeem our economy by providing good governance to the people.” The PDP further explained
Saluting Nigerians for their steadfastness in the face of the prevailing harrowing times, president Buhari said that, his administration was working hard to shorten the period of the recession and restore prosperity quickly.
Reeling out his plans, the president said, “Rail and road constructions, projects in the housing sector, support for farmers and for small and medium scale industries, youth and women’s empowerment programmes, support for revival of industries are all designed to reinvigorate the economy and enhance living standards of ordinary people.”
He said that, just as he was getting security right and fighting corruption with a reasonable measure of success, he would get the economy right.
The president preached religious harmony, enjoining Muslims to live by the dictates of Islam, to keep good relationships with their Christian brothers and sisters and as patriots to maintain the spirit of the Nigerian nation.