The current economic recession has revealed a lot about the collective will of President Buhari and Nigerians at large.
Speaking at the second Presidential economic communication workshop in Abuja, the Minister of State for Budget and National Planning, Zainab Ahmed, lambasted the administrations of Obasanjo, Yar Adua and Goodluck Jonathan.
According to Ahmed, “We have had very good plans, from NEEDS, Seven Point Agenda to Transformation Agenda.
“All of them were good plans, but the political will to implement them was lacking.”
Ahmed revealed that the 2017 budget was ready, but that her ministry was waiting for the approval of the medium term expenditure framework, MTEF, before the proposal would be presented to the National Assembly.
Speaking further, Ahmed said, “The 2017 budget is ready, but we need the MTEF to be approved so we can make adjustments if there is a need for an adjustment.”
Recall that the Presidency recently said the implementation of the 2017 budget will commence on January 1.
The junior Minister noted that the President Buhari-led government was working towards addressing the current recession facing the country.
According to her, one of the steps being taken was “Growing non-oil exports in the light of the competitive and comparative exchange rate.”
Speaking from the sidelines, President Buhari disclosed that he almost abandoned the office of the President.
He made the remark when NIPSS submitted a report to him at the Presidential Villa, Abuja.
Noting that daily oil production of 2.1 million barrels was recorded between 1999 and 2015, he said that there was virtually no savings on ground despite the huge income during the period.
Infrastructures, he said, were also in dilapidated states.
To make matter worse, he said oil prices, which sold for over $100 per barrel fell below $30 per barrel under his tenure.