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Why GEJites, PDP cannot insult Buhari over falling naira – Lai Mohammed

Why GEJites, PDP cannot insult Buhari over falling naira – Lai Mohammed

The foreign exchange official rate at CBN is still pegged at N198 to the dollar.
The foreign exchange official rate at CBN is still pegged at N198 to the dollar.

Selling at N255 to the dollar at the black market, Nigeria’s naira is at an all time low.

Former President Goodluck Jonathan and his “cabinet of thieves” are to blame for everything. That’s what information and culture minister Lai Mohammed wants Nigerians to believe.

A statement Mohammed sent on Sunday reads in part:

If there was still any honour left among thieves, there is no way the leaders of a party under whose watch the nation’s economy suffered a monumental mismanagement and the Central Bank was turned to the ATM or piggy bank of a few people will have the temerity to insult a government that is working hard to turn things around or the citizens who are bearing the brunt of such mismanagement.

It is now clear to all Nigerians that if the PDP had won the last general elections, Nigeria’s economy would not have survived one more month, considering the battering it received under the immediate past Administration. It is therefore unconscionable that those who should show contrition and hunker down to avoid public opprobrium are the same ones pointing an accusing finger at the Muhammadu Buhari Administration.

Mohammed was reacting, in part, to comments credited to Deputy Senate President Ike Ekweremadu, that businesses may collapse in the next six months because the Buhari Administration has mismanaged the economy.

“Senator Ekweremadu complained about the depreciation of the Naira without telling Nigerians who ‘dollarized’ the Nigerian economy by bribing many individuals and groups with dollars during the last elections, thus inflicting a knock-out punch on the local currency,” Mohammed said.

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“He also failed to tell Nigerians which government presided over the frenzied mop-up of dollars, either for ‘armsgate’ or for slush fund purposes, from the CBN to a point where it almost ran out of the hard currency.”

Mohammed said Buhari will turn things around.

“The outcome of the months of hard work will manifest soon in the 2016 national budget that will give succour to millions of Nigerians who are reeling from fallout of the solecism of the immediate past Administration that turned the country into a cash bazaar,” Mohammed said..

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