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Nigerians are not bothered by the recession – APC chairman says

The APC Chairman told newsmen that people have learnt to save as a result of the economic hardship.

John Odigie Oyegun

According to Daily Post, Oyegun also said that Nigerians are not bothered by the hardship caused by the economic challenges.

The APC Chairman told newsmen that people have learnt to save as a result of the decline in the country’s economy.

He said “I hope it was low key, but what is important is that you could see signs of fun everywhere. Which means that inspite of everything, people are happy. That is not say that there is not some degree of belt tightening. I can feel it but what is also good is that people are still able to eat rice.

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“We have become a bit of wasteful society; now we are being forced to adjust, measure the way we spend money. People hardly fly business class these days.

“These are signs of growing realism, growing change, an acceptance that it can no longer be business-as-usual. But, personally, what made me glad this Christmas is the existence of local rice; we now have Ebonyi Rice and the Lake Rice. Nigerians are beginning to domesticate their taste in the local rice they prefer, which is very good.

“The fact that there was so much in terms of quantity of local rice all over the place is something that makes me glad. It means that there was good harvest, and that, next year, for the fact that the market has now been established, it means we can even export rice. So, thank God, out of every seeming adversity, the good Lord opens windows of prosperity.

“I think we are at the start of a prosperous period, when this country will be depending not just on oil but on a broader base of production. Are you not scared that the recession may degenerate to depression? We are working hard. We are not even thinking of depression, we are thinking of getting out of the recession that we are in. And all government policies and projects are geared towards getting this nation out of the recession as soon as possible.

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“Perish the thought of depression, we will never get there. What is happening with rice now, the same thing is going to be replicated in the agricultural sector and, as soon as the power sector stabilizes, we will get industries like the textile kicking back into production. We can only look upward and not backward.”

Chief John Oyegun also said that the APC is not afraid of the new mega party.

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