Oby Ezekwesili: It’s Myopic to think that if Jonathan were to still be in power, Nigeria would be worse off.

One thing I admire about Oby Ezekwesili’s eloquence on the issues that concern Nigeria is her consistency. I respect people that say it as they see it, irrespective of party loyalty. Of course, Oby was a sworn opposer of Jonathan’s presidency, and she, like millions of Nigerians warmed up to Buhari’s promises of ‘Change’. Like her, I now believe the real problem with this present presidency is the President himself – honestly, let’s be honest, the man has no clue. And for some Nigerians spewing rubbish in small talk, because of the supposed privilege of temporarily  roaming the corridors of power, your time would come. It never really ends well for these people, and mind you, like the outcome of the principle of Gravity, your ‘waterloo’ will come. To redefine recession such as …….what’s his name again….the NAN boss, recently outrageously declared, is going to ridiculously low levels of a mind that has been corruption tuned. To find yourself mixing or dining  with a ‘Minister’ or  attending meetings with those in power should afford you the opportunity to shape  or influence governance, and not to turn blind eyes to incompetence. Oby’s voice is consistent with what she believes in – justice for all. This is what I believe in. – Jide Salu

Oby Ezekwesili
Oby Ezekwesili

Former Minister of Education and Bring Back Our Girls co-founder, Oby Ezekwesili has blasted President Muhammadu Buhari for leading Nigeria to recession.

The aggrieved ex-minister who many believed would have been the minister of Finance in the Buhari led administration, stated this in a whatsApp message“I still find it funny that most people don’t know why Nigeria economy went into recession. They love the incompetent lies of Lai Mohammed about the past government ruining everything.

‘’It’s also myopic to think that if Jonathan were to still be in power, we would be worse off. ”The truth about Nigeria’s recession is this; it was caused by the president’s unguided rhetoric and uncultured body language.

‘’Firstly, there is nothing we are buying today that we weren’t buying five years ago, therefore it’s not our purchase that put pressure on Naira but withdrawal of funds by foreign investors.

‘’After the election, the President created instability with his statements about how everyone is corrupt and how everyone is going to jail. ‘’The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate.

‘’Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into domiciliary accounts.”

‘That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush.

‘’To make matters worse, the President came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free fall.

breaking times
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s