Sunday, 13 March 2016

Lai Mohammed says economy gone out of Buhari's control

– President Buhari travels a lot to stabilise the prices of crude oil
– Lai Mohammed claims that incumbent government don’t control economy

Lai Mohammed, the minister of information, has said on March 12, that the Nigerian economy has gone totally out of President Muhammadu Buhari’s control.
The minister clarified that this was so because Nigeria cannot regulate the price of crude or gas.
Answering to the critics of the incumbent government Mr. Mohammed said President Buhari’s frequent trips abroad, particularly to the oil-producing nations, became imperative because of the urgent need to encourage support for the stability of the global oil prices and also to draw Foreign Direct Investment into Nigeria.
He noted that stabilizing the prices of crude oil will assist in propping up the naira. The minister added that Buhari has been spending countless times outside the country to find solution to the crash in oil prices.
“Then why Answering to the critics of the incumbent government Mr. Mohammed said President Buhari’s frequent trips abroad, particularly to the oil-producing nations, became imperative because of the urgent need to encourage support for the stability of the global oil prices and also to draw Foreign Direct Investment into Nigeria.
He noted that stabilizing the prices of crude oil will assist in propping up the naira. The minister added that Buhari has been spending countless times outside the country to find solution to the crash in oil prices.
“Then why the president cannot stay here. Staying here in Nigeria is like an army general who in the face of war remains in the bunker, ” Mohammed said.

The minister, who made these comments while answering on questions from a radio station in Abuja, said the fact that the incumbent government led by Buhari is still managing to drive the economy is a credit on its side. 
The minister, who made these comments while answering on questions from a radio station in Abuja, said the fact that the incumbent government led by Buhari is still managing to drive the economy is a credit on its side.

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