– The inability of Muhammadu Buhari’s administration to resolve the Nigerian economic crisis has severally been attributed to some ministers
– The Nigerian Youth Entrepreneurship Forum for National Development (NYEFOND) has mentioned one of the ministers derailing the government
The Nigerian Youth Entrepreneurship Forum for National Development (NYEFOND) has accused the minister of Finance, Mrs Kemi Adeosun, of derailing the economic progress of the Muhammadu Buhari administration by her body language, actions and utterances.
The organisation said since Adeosun was appointed to head the finance ministry, she had statements that she should not have made.
Mrs Adeosun recently said: ‘recession is just a word’
Leadership reports the NYEFOND as saying through a statement signed by the group’s secretary-general, Victor Nse: “We have watched with dismay as the minister has tried, albeit in vain, to bring the current administration into disrepute, through her actions; most times, without even knowing it and, other times, so brazenly that it is difficult to know if she is intent on bringing down the government’s efforts or bent on seeing the government’s policies work.
“The minister has displayed great incompetence in handling the Nigerian economy, owing to her poor understanding of how things really work.
“So far, the minister has refused to heed the presidential directive to take action against directors in the ministry who were indicted in the ‘budget padding’ scandal. Rather, she has covered up for them and retained them within the ministry.
“Worse, she has refused to pay the salaries and entitlements of former head of states and displayed great inexperience and confusion in tackling issues relating to the recession.”
“The minister has shamelessly and blatantly urged the federal government to borrow billions of dollars to salvage an economy which she described as ‘not really being in recession; recession is just a word’, thus mortgaging the future of our children and giving the next administration a huge bill of debt to pay.”
“How can we borrow to pay the salaries of our civil servants? When we want to construct rails and invest in the agricultural sector, what are we going to do, if we run to borrow billions of dollars just to pay salaries?
“The regularity of workers’ salaries has been lost since 2014 and our foreign reserves have been depleted prodigally by the last regime and all a minister, in this era of change can tell us is that we are not in any form of trouble, but she can encourage the borrowing of billions of dollars?
“It is embarrassing, shameful and heart-breaking to watch a minister who is supposed to know better run around seemingly confused and without direction.
“Sadly, she is derailing the progress of the current administration, no thanks to her confusing statements and body languages,” the group said while advising the government to urgently decide whether it wants to keep her or do away with her.