Adeosun behind Nigeria's economic woes - Group - Daily Post

November 21, 2016
Nigerian Youth Entrepreneurship Forum for National Development (NYEFOND), has accused minister of fiannce, Kemi Adeosun of dragging the economy of the country backward.

A statement signed by the group's secretary-general, Victor Nse, said the recent outbursts by the minister were reasons Nigeria's economy is still in comatose.

The statement reads in full: "We have watched with dismay as the minister has tried, albeit in vain, to bring the current administration into disrepute, through her actions; most times, without even knowing it and, other times, so brazenly that it is difficult to know if she is intent on bringing down the government's efforts or bent on seeing the government's policies work.

"The minister has displayed great incompetence in handling the Nigerian economy, owing to her poor understanding of how things really work.

"So far, the minister has refused to heed the presidential directive to take action against directors in the ministry who were indicted in the 'budget padding' scandal. Rather, she has covered up for them and retained them within the ministry.

"Worse, she has refused to pay the salaries and entitlements of former head of states and displayed great inexperience and confusion in tackling issues relating to the recession.

"In the history of the Nigerian Civil Service, the minister was the first to be turned upon by the civil servants in the ministry, who demanded that she go, due to huge debts owed them.

"The minister has shamelessly and blatantly urged the Federal Government to borrow billions of dollars to salvage an economy which she described as "not really being in recession; recession is just a word," thus mortgaging the future of our children and giving the next administration a huge bill of debt to pay."

"How can we borrow to pay the salaries of our civil servants? When we want to construct rails and invest in the agricultural sector, what are we going to do, if we run to borrow billions of dollars just to pay salaries? The regularity of workers' salaries has been lost since2014 and our foreign reserves have been depleted prodigally by the last regime and all a minister, in this era of change can tell us is that we are not in any form of trouble, but she can encourage the borrowing of billions of dollars?

"It is embarrassing, shameful and heart-breaking to watch a minister who is supposed to know better run around seemingly confused and without direction.

"Is this how she is helping to promote the policies of this government? Is this how she will help the country get out of the recession? Sadly, she is derailing the progress of the current administration, no thanks to her confusing statements and body languages,"

The group further advised the government to make a decision on whether it wants to keep her or do away with her.

"We, therefore, advise the Federal Government to make a decision on her continued stay as a minister, before she embarrasses the government and makes the nation a laughing stock before the world."

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Read Comments

Steven Rich
Sep 17, 2018:
Well done

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