Buhari's Economic Retreat Mere Jamboree, Waste Of N250m Public Funds - Fayose

Ayodele Fayose of Ekiti state has described the just concluded National Economic Council’s retreat as mere jamboree and “waste of over N250m public fund.”

“The retreat has further exposed that the All Progressives Congress government of President Muhammadu Buhari lacked an economic blueprint as the President is still talking the way he talked while seeking for votes from Nigerians,” he said.

The governor in a statement issued on Friday by his Special Assistant on Public Communications and New Media, Lere Olayinka, said it was funny that the same set of people, who as governors ruined the economy of their states, were the resource persons at the retreat.

“What solution can the likes of former Governor of Ekiti State, Dr. Kayode Fayemi, who as governor plunged the state into unprecedented debt by borrowing money to build a governor’s lodge, pavilion and an uncompleted civic centre proffer to the economy of Nigeria?

“It is strange that close to one year after President Buhari was sworn in, he still cannot tell Nigerians one major economic step his government has taken to salvage the economy. He has not taken any key step and there is no economic team. That is strange!

“I was at the retreat and I can tell Nigerians categorically that it was just a jamboree. It was a waste of over N250m public fund because most of the resource persons were the same people who ran their states aground.”

“For instance, at N10, 000 each, N250m will go round 25,000 pepper sellers whose capital is not more than N5, 000 and that would go a long way in boosting their trade.

“Also, the President in presenting himself as APC president alone and speaking as if he was still canvassing votes and chose the retreat to tell the 22 states governed by the APC to build 250,000 housing units per annum. The question is which state in the present Nigeria can build 10,000 housing units per year?'