Ezekwesili denies blaming Buhari for the current economic recession

​By Joshua Okungbowa |Staff Writer |Fort News

Former education minister, Oby Ezekwesili, has denied reports credited to her blaming President Muhammadu Buhari’s policies for the current economic recession being experienced in the country.

Vanguard had on Monday, September, 12reported that the former minister in a WhatsApp message last night, September, 11, described statements by the minister of information, Lai Mohammed, that the past government was responsible for the current economic decline as incompetent lies.

The convener of the Bring Back Our Girls (BBOG) group in the Vanguard report was said to have noted that it was myopic to think that if Jonathan were to still be in power, we would be worse off. According to the report, she said the truth about Nigeria’s recession is that it was caused by the Buhari’s  unguided rhetoric and uncultured body language.

According to Vanguard, She said: “I still find it funny that most people don’t know why Nigeria economy went into recession. They love the incompetent lies of Lai Mohammed about the past government ruining everything.

“It’s also myopic to think that if Jonathan were to still be in power, we would be worse off.

“The truth about Nigeria’s recession is this; it was caused by the president’s unguided rhetoric and uncultured body language.

“Firstly, there is nothing we are buying today that we weren’t buying five years ago, therefore it’s not our purchase that put pressure on Naira but withdrawal of funds by foreign investors.

“After the election, the President created instability with his statements about how everyone is corrupt and how everyone is going to jail.

“The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate.

“Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into domiciliary accounts.

“That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush.

“To make matters worse, the President came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free fall.”

However, Ezekwesili in reaction to theVanguard report, accused the media organisation of spreading falsehood in her name. She described Vanguard and other news platforms spreading the report as “rag sheets”.

“Can those of YOU on here who still believe WE deserve a TRUTHFUL SOCIETY please support me in SHAMING @ALL DAY TODAY?”, she tweeted.

This is the second time within two months that Ezekwesili would deny words ascribed to her by a national daily where she is allegedly criticizing President Buhari.

In August 2016, the management of African Newspapers of Nigeria, publishers of The Nigerian Tribune, apologized to Ezekwesili, over a report claiming she said President Buhari did not deserve his position.



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