EKITI: Fayose Ridicules Buhari’s Economic Summit

Governor Ayo Fayose

GOVERNOR Ayodele Fayose of Ekit State has described the recent Economic Summit organized by the National Economic Council as a mere jamboree and incapable of providing viable solutions to the present economic crises in the country.

Fayose alleged that the summit was a waste of over N250m of public fund and deficient of objectivity putting into consideration the capacity of persons shortlisted as resource persons.

In a statement issued on Friday through the Special Assistant to the Governor on Public Communications and New Media, Lere Olayinka, the governor said that the initiators of the summit lacked direction when they ruled their respective states an d therefore couldn’t have been the rightful persons to anchor the retreat adding that the public fund spent on the summit could have been shared among the downtrodden in the society.

“The retreat has further exposed that the All Progressive Congress government of President Mohammadu Buhari lacked an economic blueprint as the President is still talking the way he talked while seeking for votes from Nigeria.

“What solutions can the likes of former Governor of Ekiti State, Dr. Kayode Fayemi, who as governor plunged the state into unprecedented debt by borrowing money to build a governor’s lodge, pavilion and uncompleted civil centre proffer to the economy of Nigeria?

“It is strange that close to one year after President Buhari was sworn in, he still cannot tell Nigerians one major economic step his government has taken to salvage the economy. He has not taken any key step and there is no economic team. That is strange!

“In was at the retreat and I can tell Nigerians categorically that it was just a jamboree. It was a waste of over N250million public fund because most of the resource persons were the same people who ran their states aground.

 “For instance, at N10,000 each, N250m will go round 25,000 pepper sellers whose capital is not more than N5,000 and that would go a long in boosting their trade. The President in presenting himself as APC President alone and speaking as if he was still canvassing votes and chose the retreat to tell the 22 states  governed by the APC to build 250,000 housing units  per annum. The question is which state in the present Nigeria can build 10,000 housing units per annum? Fayose asked.