(“The
President must immediately transit from mere rhetoric to drastic but positive
action to save the economy and Nigeria from total collapse. The hunger in the
land is real, pervasive, widespread and debilitating for the poor masses”)
By Oluwatobi
Bolashodun
Senator Dino Melaye, representing Kogi-West
Senatorial District has called on President Muhammadu Buhari to take drastic
measures on the ailing economy, including the immediate sack of the minister of
finance, Kemi Adeosun, minister of budget and national planning, Senator Udo
Udoma and the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele.
Melaye in a statement in Abuja on Sunday, September 4, Melaye said the president must shake up his
cabinet and accused some members of the cabinet of lacking the capacity to
deliver on the mandates of their ministries and agencies.
 |
| Senator Dino Melaye |
He said
Adeosun, Udoma and Emefiele should be axed for the economy to be effectively
rebooted to deliver on the change agenda of the present administration.
Melaye said: “At
the moment, it must be crystal clear to all discerning minds that the
President’s widely-acclaimed magical body language has lost its presumed aura
and efficacy. His no-nonsense demeanour is equally neither instilling fear nor
commanding respect and loyalty from among his cabinet members.
“It is
therefore obvious that the time for barking is over; now is the time to bite
and boot out all those who have demonstrated, in the past several months, a
crass lack of capacity to effectively carry out the functions of their office,”
 |
| L-R: Emefiele, Udoma and adeosun .... suggested for sack for alleged incompetence. |
The All Progressives Congress senator, also
condemned Buhari’s economic team led by Vice President Yemi Osibanjo, saying
that “their decisions will not be and has never been respected by the economic
managers and the bureaucracy in Nigeria.”
On Udoma Udo
Udoma, he stated: “To be sure, Senator Udoma Udo Udoma is a very charismatic
man, an accomplished lawyer, and a quintessential gentleman with a fairly
untainted reputation. In everyday parlance, he is a good man. But the critical job
of Budget and National Planning Minister for a huge country like Nigeria, with
her prevailing economic challenges requires much more than being a good man
with a great personality.”
On the CBN
governor, Senator Melaye pointed to his disastrous handling and release of the
so-called Dasuki-gate funds which amounts to about 15 per cent of the nation’s
foreign reserves, policy flip-flops, summersaults and inconsistencies as clear
evidence of gross incompetence in the management of the nation’s fiscal and monetary
policies. The net effect of this inconceivable ineptitude on the part of
Emefiele, according to Melaye is the free fall in the value of the naira and
the total loss of faith and confidence by the international community on the
Nigerian economy.
Melaye urged
the President to, instead, constitute an ‘Emergency Ad Hoc Economic Team’ made
up of all former ministers of finance, ex-ministers of budget and national
planning, ex-CBN governors as well as members drawn from the academia with
“deep knowledge of developmental economics to drive the economic revival
programme.”
“The
President must immediately transit from mere rhetoric to drastic but positive
action to save the economy and Nigeria from total collapse. The hunger in the
land is real, pervasive, widespread and debilitating for the poor masses,”
Melaye averred.
Nigeria’s minister of finance, Mrs Kemi
Adeosun recently spoke on Nigeria’s recent slide into recession. Adeosun
expressed confidence that the economy will turn-around in no time, assuring
Nigerians that the recent slide into recession will not last long. She however
called for discipline in government spending, even as she noted that the
Nigerian economy is long overdue for diversification.
Source: Naij.com news
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