Friday, 22 January 2016

God has a hand in Nigeria's economic crisis - APC Chairman

According to the National Chairman of the ruling All Progressives Congress, APC, Chief John Odigie-Oyegun, Nigeria's current economic crisis has something to do with God.

In a statement he issued through APC's Assistant Director of Publicity, Mr Edegbe Odemwingie in Abuja on Thursday, Odigie-Oyegun.

He said that the economic downturn could be a divine arrangement to prod Nigerians to embrace radical change.

"I think God has a hand in the current economic predicament of the country.

''Imagine the sudden fall in the price of crude oil, the mainstay of the Nigerian economy from its heights in 2014, averaging 112 dollars per barrel down to the current price of 28 dollars per barrel -- lower than the 38 dollars per barrel which the proposed 2016 budget is predicated on.

''It is an object lesson for us. It tells us that we must embrace radical change in our economic model," he said.

He added that the crash in oil prices has adversely affected government revenue, hurting the economy in the process. He urged Nigerians to prepare to adapt to new ways of getting things done.

''As a party, we know and understand it calls for tremendous sacrifice; there is no other way.

"Yes the economy is in a bad shape; but maybe that is the kick we need to be innovative and find ways to drive the economy out of the woods.

"The luck we have is that we have as president a man committed to personal probity and sincerity of purpose to the project of developing Nigeria.''

NAN

0 comments:

Post a Comment

Cookies


We use Cookies to store information about visitor preferences and to record user specific data on visits and pages the user views in order to provide a custom experience.

With regard to third party advertisers, Abujacitynews has no access or control over these cookies.
You should review the respective privacy policies on third party as servers for more information on their practices and how to opt out.

If you wish to disable cookies, you may do so through you web browser options. Instructions for doing this and other cookie related management can be found on the specific web browser's websites

About

Links


This blog contains links to other blog/websites. Please be informed that Abujacity news is not responsible for the privacy practices of other websites. When you leave this blog, please read the privacy policy of every website you visit as this privacy policy applies only to Abujacitynews Blog.

Earn More

PropellerAds

Pages