The Minister for Power, Works and
Housing, Babatunde Fashola has disclosed why former President Goodluck Jonathan
conceded defeat to President Muhammadu Buhari in 2019.
Fashola, a former governor of
Lagos State said Jonathan conceded defeat because he knew Nigeria was at the
brink of economic recession.
Speaking at a Town Hall meeting
in Ibadan, Oyo State, Fashola claimed that Jonathan never wanted to be in
charge of the country’s affairs during recession, hence he relinquished power.
He maintained that Jonathan’s
government not only plunged the nation into recession but pushed it into debts.
According to Fashola, ”What was
left behind were massive debts owed to contractors who had not been paid for
three to five years and who had laid off thousands of workers and shut down
equipment and plants.
”That was one of the reasons why
the economy first went into, and, I suspect, one of the reasons they (Goodluck
administration) quickly conceded defeat.”
Fashola disclosed that when the
Buhari administration assumed office in 2015, the three ministries previous
budget was N19 billion for works, N5 billion for power, and N1.2 billion for
housing making a total of N25.2 billion, “as at when the country was selling
oil at $100 per barrel in that decade”.
“In 2017, the All Progressive
Congress (APC) led administration budget for works was N394 billion; power was
N69.96 billion and housing was N64.9 billion (total- N529 billion) and oil
price hovered between $40-$60 per barrel.
”Let me start by saying that my
ministry is responsible for delivering some of Nigeria’s critical
infrastructure for transport, electricity and housing,” he added.
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Fashola! Fashola!! Fashola!!!, the story teller. When would these tale by moonlight stop? Yet dey smell. You are a proper definition of failure.
ReplyDeleteFashola have joined the group of liars in APC.
ReplyDelete