Wednesday, May 31, 2017

Economy: We’ve Made Positive Impact On Virtually Every Aspect – Lai Mohammed

The Minister of Information and Culture, Mr Lai Mohammed, has defended the performance of the President Muhammadu Buhari administration with regard to the economy, saying its impact has been positive. He said this is more so considering the situation the administration met. Mr Mohammed said this on Tuesday when he appeared on Channels Television’s breakfast show, Sunrise Daily. 
“The important thing to say and the proper context is that this is from ground zero. We came in and we embarked on this new project and when we came in, clearly, the situation was not what we expected to meet. One, there was every low revenue; two, the country was prime for recession but despite this, we forged ahead and we were able to make this very positive impact in virtually every aspect of the economy,” he said.
The minister also said the government couldn’t have managed the economy better to prevent the loss of over three million jobs in 2016 as indicated by the National Bureau of Statistics.
“The real fact given by the same NBS was that despite this very austere time, we actually did move out of recession in manufacturing, we moved out of recession in agriculture, (and) we moved out of recession in solid minerals,” he said.
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