As the economic challenges in the country continues to bite harder, Igbo Leaders of Thought, ILT, under the leadership of constitutional lawyer, Prof Ben Nwabueze, has admonished President Muhammadu Buhari to stop blaming past leaders of the country.
The group rather advised the Buhari administration to immediately fashion a way out.
The group, in a communique issued by Nwabueze after its meeting in Enugu, advised the Buhari administration to quickly devise strategies that would address the immediate causes of the present economic situation in the country.
According to the ILT, it is shocking that the Buhari administration is yet to find its feet and address the challenges of governance after over one and half years in office.
It further noted that rather than lead tne nation to economic prosperity, it had engaged in actions that have led the nation to its worst economic situation ever.
According to the ILT, one of the major contributors to the current economic recession was the the activities of the Niger Delta Avengers who are avenging the injustices perpetrated against their area, adding that government must do something urgent to address the problem.
The ILT said: “The naira which stood at 50 kobo to $1 in the 1980s and in recent past N179 is now about N500 to $1. A bag of rice which sold recently at N9, 000 now sells at N25, 000 well beyond the minimum wage of the Nigerian workers. School enrolment has dropped drastically, many industries have closed down, banks have sacked thousands of workers, contractors are not paid and so with public servants in many states. Inflation rate hovers around 20 per cent.”
By Timothy Enietan-Matthews
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