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Country's current economic situation worse than that of Biafra civil war – Gov Aregbesola

Osun State Governor, Rauf Aregbesola has decried Nigeria’s current economic situation, saying the hardship now is worse than what was experienced during the civil war between 1967 and 1970.


Aregbesola, however, blamed the current hardship on the inability of the former President, Goodluck Jonathan to secure the country’s pipelines, stressing that $40m was lost to oil theft per day under Jonathan’s regime.

Speaking with reporters in Lagos, the Osun State Governor declared that the bad economic situation was responsible for his inability to pay salaries as he has been receiving less than N200m monthly allocation from the federal government when the Stae actually needed N1.7bn to pay workers.

According to Aregbesola, the country lost 200 barrel of crude oil per day under the immediate past administration.

He said, “What we experience in Nigeria today is due to the inexplicable theft of 400, 000 barrel of oil every day during the regime of President Goodluck Jonathan-led PDP.

“It is disheartening to know that from June 2013 till when the regime left in May, 2015, that theft amounted to about 19 per cent of the Nigerian common wealth. If we calculate what the nation is losing by 100 dollars, Nigeria loses 40 million dollars daily to oil theft.

“Nobody has ever asked us how we are managing to pay salaries since we started getting less than N200m as allocation since September 2015. A sum of N1.7 billion is spent on workers’ salaries every month.

“Even the civil war was not as biting as what we are facing in Nigeria now. Because they did not declare economic state of emergency in Nigeria does not mean that Nigeria is not near to that.”
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9 comments

  1. Still blaming Jonathan for the current hardship? When will this government take responsibility for the present economic situation?

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  2. Walahi, this APC government is the worst ever to rule this Country...Even, after one year, the blaming game still continues...What a clueless Government! Well,as events are unfolding...

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  3. Mumu native Doctor like you

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  4. You are criminal, you were among those that insisted that Jonathan should release the money set aside for times like this. Were are those fund now?

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  5. Excuses, excuses, excuses. So since Jona left d govt, u have plugged d leakages hence make extra $40m a day. So where is d money

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  6. Was Jonathan the governor of your state? Resign as you are incapable of the job .

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  7. This man and his co-sojourners said they are progressives, they said that that GoodLuck should release the sovereign wealth fund, and that it was illegal, they even secure court injunction, they consumed the money now they are crying, shame unto you guys weep for yourselves now that you can't even pay salaries

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  8. What is this glorified native doctor abi Alfa saying self?

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  9. i wonder how people opened their naked eyes and voted this native doctor that can't see for himself into the government office. i don't blame you n/doctor your time is coming to go jail after 2019. enjoy yourself now and say whatever you like baba pmb will not be there for you then, you better watch your words

    ReplyDelete

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