'Buhari wasted N250m public fund on NEC retreat,' Governor says

Speaking through his Special Assistant on Public Communications and New Media, Lere Olayinka, the Governor said the Buhari administration has not taken any definitive step to salvage the economic.

“I was at the retreat and I can tell Nigerians categorically that it was just a jamboree. It was a waste of over N250 million public fund because most of the resource persons were the same people who ran their States aground," Fayose said.

He mentioned former governors as the resource people for the retreat, stressing that they ruined the economy of their states.

Fayose said: “What solution can the likes of former Governor of Ekiti State, Dr Kayode Fayemi, who as governor plunged the State into unprecedented debt by borrowing money to build governor’s lodge, pavilion and uncompleted civic centre proffer to the economy of Nigeria?"

“It is strange that close to one year after President Buhari was sworn in, he still cannot tell Nigerians one major economic step his government has taken to salvage the economy. He has not taken any key step and there is no economic team. That is strange!

“Instead of wasting over N250 million on such a jamboree, it would have been better if the fund is given to those downtrodden Nigerians, who are trading with as little as N5,000.

“For instance, at N10,000 each, N250 million will go round 25,000 pepper sellers whose capital is not more than N5,000 and that would go a long way in boosting their trade," the Governor stated.

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He noted that the retreat further exposed the cluelessness of the Buhari-led administration about the solution to the ongoing economic crisis in the country, adding that the President is "still talking the way he talked while seeking for votes from Nigerians."

Fayose further said that Buhari presented himself as APC President alone as he chose the retreat to tell the 22 states governed by the APC to build 250,000 housing units per annum.