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Economic crisis: Saraki tells Buhari to look beyond APC

10 June 2016, 08:35

Abuja – President of the Senate, Bukola Saraki, has reportedly implored President Muhammadu Buhari to look beyond the ruling All Progressives Congress party (APC) if he wants to get "the best brains to help him run the economy".

According to Vanguard, Saraki said this during the celebration of one year of the 8th Senate in Abuja.

"We would like to seek Mr President’s support and co-operation to enable us discharge this oversight task. “We have failed to take the necessary steps in policy and legislation that would set us on the path to developing the kind of economy we desire,’" Saraki was quoted as saying.

Saraki’s remarks came at a time when the country faced worsening economy, a situation which had often been blamed on former president Goodluck Jonathan and his administration.

But, in a recent interview with Bloomberg, Jonathan refused to take responsibility for the poor state of the economy.

The country’s economy is in a poor state, with the situation culminating in retrenchments, rising cost of living, unemployment and renewed militancy in the Niger Delta.

Jonathan was quoted as saying: No no no no, the economy of Nigeria somehow depends on oil… so at any time the oil prices come down, and now even the production is coming down because of the activities within the Niger Delta. So definitely it affects the country but this is not the first time government is experiencing drop in oil prices.”

- News24 Nigeria


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