Buhari sad again 1

Recession: Accept Your Limitations – Atiku Fires Buhari

Former Vice President Atiku Abubakar has expressed sadness over reports that Nigeria has gone into recession for the second time under the administration of President Muhammadu Buhari

“This could have been avoided had this administration taken heed to the patriotic counsel given by myself and other well-meaning Nigerians on cutting the cost of governance, saving for a rainy day, and avoiding profligate borrowing,” he said.

Despite COVID-19, the former vice president pointed out that a second recession could have been avoided through the practice of disciplined and prudent management of the economy.

Atiku said it is inhumane for the federal government to increase the cost of goods and services that affect the poor masses while keeping the cost of luxuries fairly stable.

He warned the government against further borrowing for anything other than essential needs or to engage in White Elephant projects.

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