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Recession: Bad economic policies responsible for current woes – Ekiti federal lawmaker

Muhammadu Buhari

Federal lawmaker representing Ekiti north 1 of the Ikole/Oye Federal Constituency, in Ekiti State, Honourable Kehinde Agboola yesterday blamed the ongoing economic recession on some bad economic policies the President Muhammadu Buhari-led administration allegedly adopted.
He was reacting to President Buhari’s claims that he met virtually nothing on ground from the immediate past administration of former President Goodluck Jonathan.

Buhari had blamed the current hardship on the failure of Jonathan’s administration while speaking to newsmen at his home country in Daura, Kastina on Sallah day.
But Agboola who spoke to reporters in Ijesa-Isu Comprehensive High school, during his empowerment programme tagged : ‘Education Support Project’, where he distributed past questions to final year secondary school students and paid for free coaching for students of over 20 schools in the constituency, attributed the biting economic hardship to the gross failure of the present government and also the failure of the older generation to allow the younger ones take over the baton of leadership from them.

He said, “We are also feeling the pangs of economic recession. It is rather unfortunate that instead of this government to listen to people on areas they are getting it wrong, they are blaming their poor performance on the immediate past government. But Nigerians should reason better that if indeed it were the fault of former government, this challenge would have risen then.

” When the APC government took over, you’ve realize that things didn’t just become this difficult. In fact, the price of rice just became high from early this year. It is the bad policies of the present government that led to all this. You see when you come into power with so much noise, and an antecedent that is glaring, it will always be like this.

When Buhari was coming in, he was only shouting fight corruption and all that but he didn’t have any economic policies to make our economy work. He only came to haunt his perceived political enemies who to him are corrupt. In the APC government today, are there no corrupt people? We know many people in government today who are corrupt but the government has not done anything to them.
Explaining why he was interested in moulding the younger people, he said: ” That we have aged leaders struggling with their health to rule us today is a clear indication that Nigerian leadership class has failed over the time. I used to say that I didn’t need a second term when I was chairman of my local government because I wanted to move up higher and leave the post behind for younger generation I’ve groomed.

” Many of those aged men who are still ruling us today ought to have long moved up to become Secretary Generals of the United Nations. But if at 70 something we have a President, when will the younger ones get there? But because they have failed in leadership to mentor the younger generation, you still see them there. It is a generational challenge.

” I’m mentoring these young ones today so that when I’m not a Representative again, they can step into my shoes. To raise their hope and make them aim higher and become serious with their studies.

Already, I have been doing this on a small scale but by next year, we’ll gather them in large number and give the support.

“I believe strongly in human capacity development and also in catching them young. And also for the need for generational shift. It is easier to mould them in a positive way now that they are young and flexible so that they can become successful future leaders and not become armed robbers or failures.

”Before I became a representative, I used to come to schools to teach to mentor them. But now I no longer have the time, I have hired 60 teachers who are also examiners to teach and guide them in preparing for their exams. That has continued through the holiday and now I’m going round to see the progress of the scheme and also distribute past questions from 1988 till date to those of them writing the West African Examinations soon for their preparations.

Lashing out at the Federal government on the economic recession, Agboola said: “People withdrew their money from the bank and turned them to Dollars and kept them in the bank because they thought the new government and when they the government placed embargo on Dollars and said people would be getting clearance before accessing their Dollars , everybody withdrew their Dollars and kept them at home and the Dollars begin to go up and become scarce.

” You also withdrew all the monies in the commercial banks, which they use to trade, and domiciled everything in the central bank where they are just piling up. commercial banks could no longer trade again and they begin to lay staff off and you order them not to sack!.

”Also, they said a General was coming in and would be able to fight Boko Haram but now the situation with the insurgency is even worse than what it was in Jonathan’s era. All the elections held in Jonathan’s era were conclusive but now we have inconclusive elections and we are not even sure we would have election in 2019. When Jonathan was there, the only main security challenge we had was Boko Haram, now it has become more complex because the present government is adopting a wrong approach. You don’t use show of strength to settle a political issue in a democracy. Any nation that uses her military to intimidate the masses is a failed nation.”

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