Sunday, February 22, 2015

I’ll Inherit Huge Debt Profile, Empty Treasury – Buhari

                                       
Vanguard reports that the APC presidential candidate and retired general has said that he would inherit a huge debt profile and an empty treasury if he is elected president. He however expressed confidence that his wealth of experience would help in bringing the best out of the unpalatable situation of the nation. Buhari in a statement by the Director of Media and Publicity of  the APC Presidential Campaign Organisation, APCPCO, Malam Garba Shehu also stated that his party’s economic policies are conceived to be selfless and people-centred. He also added that the country would for the first time in over three decades experience a truly pro-people Federal Government if he is elected.
He said, “It is crystal clear that our revenues are dwindling by the day and if we must survive, we cannot continue on this path of near absence of accountability, mismanagement, outright waste and jamboree that has characterised the management of public resources under the Jonathan-led PDP government.
“We can assure the mass of Nigerian people that help is on the way. We know that an APC controlled Federal Government will obviously inherit a huge debt profile and an empty treasury from this PDP Federal Government. We are confident of turning the situation around.
“It is apparent that the Federal Government has suddenly found itself in a bind with plummeting crude oil prices in the international market, but typical of a team that lacks capacity for anticipatory actions, the Federal Government has been running from pillar to post in a vain bid to stabilize the economy. “Unfortunately, all conceived palliatives applied to save the nation’s declining economic indicators have merely scraped the surface of the problems leaving the mass of Nigerians desperate, confused and hungrier.

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