Skip to content
August 2, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Again, Fayose Bombs Buhari, Says President Has No Solution to Economic Woes
  • National News

Again, Fayose Bombs Buhari, Says President Has No Solution to Economic Woes

Admin February 18, 2016

Buhari FayoseEkiti State Governor, Mr Ayodele Fayose, has for the umpteenth time raised an alarm over the

impending collapse of the county’s economy on account of what he called lack of clear cut policy direction of the APC government. According to him, the President Muhammadu Buhari government was yet to show any sign that it has any solution to the dwindling economy.

The governor, who called on Nigerians to prevail on President Buhari

to stay at home and govern the country, said it was the height of

insensitivity to the plight of Nigerians that the President, who just

returned from trips to France and United Kingdom will again be

traveling to Egypt, Saudi Arabia and Qatar from February 20 to 27,

spending seven days out of Nigeria in what they called “three-nation

tour.”

 

He said this via a statement signed by his Special Assistant on Public Communications and

New Media, Lere Olayinka, stressing that there is a lack of clear cut economic direction from the Federal Government. The statement said: “It is worrisome that President Buhari does not have any economic team and there is no policy direction yet, despite spending close to nine months in office.

“The implication of the President’s obvious lack of the

required mental capacity to tackle the nation’s economic problems and

the resultant effects are human right abuses, prices of goods and

services skyrocketing, daily retrenchment of workers, folding up of

businesses, States finding it difficult to pay workers salary and the

Federal Government not being able to prepare common budget.”

The governor described what is being experienced by Nigerians as the

sum total of President Buhari’s mental capacity, adding that; “With

President Buhari, Nigeria is definitely having a square peg in its

round hole.”

“Dollar has gone double since Dr Goodluck Jonathan left office, with

US Dollar exchanging for N350 as at today, Foreign Reserve is

declining on daily basis, Boko Haram insurgents have come back even

stronger than they were when Buhari assumed office and Nigerians are

now being made to pay more for electricity that is not available for

them to use.

“Most importantly, prices of foodstuffs, newsprint, medicine among

others have gone over the roof. Should we still continue to attribute

all these to Jonathan or the Peoples Democratic Party (PDP)?

“Even former Central Bank Governor (CBN) and Emir of Kano, Sanusi

Lamido Sanusi is saying that President Buhari’s anti-corruption stance

is totally inconsistent with the forex regime he supported and that

the Federal Government Forex Policy encourages corruption and

rent-seeking.

“Funny enough, some people are already talking about President

Buhari’s second term not minding the reality that anybody thinking

about Buhari’s second term is only planning to snuff life out of

Nigerians,” the statement said.

Fayose urged the president to focus more on the dwindling economy and

stay at home to attend to critical issues, Governor Fayose said;

“Travelling from one country to another won’t solve any of our

problems because I have not seen where foreigners assist any nation to

develop.

“The President should know that Nigerians are suffering and they do

not need their President to junket around the world, to alleviate

their sufferings.”

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar recommended

Post navigation

Previous Dasukigate: EFCC Re-arraigns Dokpesi, Case Transferred to Another Judge
Next EFCC interrogates Diezani’s husband, Admiral Madueke…Reps Reveal how ex-oil minister imposed illegal firms on NNPC in N24bn oil deal –Reps

Related Stories

Police neutralises suspected bandit in Katsina, recover AK-47 rifle Police
  • National News

Police neutralises suspected bandit in Katsina, recover AK-47 rifle

August 1, 2026
Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons
  • National News

Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons

August 1, 2026
Oriire Abduction: Judicial Commission seeks public memoranda ahead of Aug. 14 oyo
  • National News

Oriire Abduction: Judicial Commission seeks public memoranda ahead of Aug. 14

August 1, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Police neutralises suspected bandit in Katsina, recover AK-47 rifle Police
  • National News

Police neutralises suspected bandit in Katsina, recover AK-47 rifle

August 1, 2026
Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons
  • National News

Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons

August 1, 2026
Oriire Abduction: Judicial Commission seeks public memoranda ahead of Aug. 14 oyo
  • National News

Oriire Abduction: Judicial Commission seeks public memoranda ahead of Aug. 14

August 1, 2026
67 dead, stores closed, 80,000 residents of Spanish Ceuta confined to their homes
  • International News

67 dead, stores closed, 80,000 residents of Spanish Ceuta confined to their homes

August 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.