Nigeria @ 56: Economic Recession Won’t Last For Long, Buhari Appeals to Nigerians

Muhammadu Buhari at Independence Day celebrations October 1, 2016.
President Muhammadu Buhari at Independence Day celebrations October 1, 2016. Photo/

President Muhammadu Buhari has assured Nigerians that his administration would find a lasting solution to the economic recession. Buhari made this known during his Independence Day speech marking 56 years of Nigeria’s independence from British colonial rule.

The speech at the Presidential Villa in Abuja on Saturday marks Nigeria’s independence since October 1, 1960, where he calmed the nerves of Nigerians regarding the current economic crisis and promised that plans are underway to arrest the situation with his team of experts.

He further appealed to Nigerians not to lose hope but to be steadfast and continue their fervent prayers despite the high cost of living in the country.

Buhari said:

I know that uppermost in your minds today is the economic crisis. The recession for many individuals and families is real. For some it means not being able to pay school fees, for others it’s not being able to afford the high cost of food (rice and millet) or the high cost of local or international travel, and for many of our young people the recession means joblessness, sometimes after graduating from university or polytechnic.

I know how difficult things are, and how rough business is. All my adult life I have always earned a salary and I know what it is like when your salary simply is not enough. In every part of our nation people are making incredible sacrifices. But let me say to all Nigerians today, I ran for office four times to make the point that we can rule this nation with honesty and transparency, that we can stop the stealing of Nigeria’s resources so that the resources could be used to provide jobs for our young people, security, infrastructure for commerce, education, and healthcare.

I ran for office because I know that good government is the only way to ensure prosperity and abundance for all. I remain resolutely committed to this objective. I believe that this recession will not last. Temporary problems should not blind or divert us from the corrective course this government has charted for our nation. We have identified the country’s salient problems and we are working hard at lasting solutions“.