Mistakes Of The Past Government Is Responsible For Recession – Buhari

PRESIDENT Muhammadu Buhari has saluted Muslims in Nigeria on the occasion of the year’s Eid-El-Kabir, pointing out that the current recession is the results of the worldwide economic downturn and failure of days gone by administration.  In a note made open to the media in Abuja on Sunday, he hailed the steadfastness of Nigerians regardless the difficult economic times the nation goes through.
He said: “The present recession is as a result of cumulative effects of worldwide economic downturn and failure in the past to plan and save for difficult times. It is impossible to separate the present from the past to appreciate the extent to which mistakes of the past are affecting everyday life today.
“I assure you that this administration is working round the clock to remove the hardships the country is going through. Rail and road constructions, projects in the housing sector, support for farmers and for small and medium scale industries, youth and women’s empowerment programmes, support for revival of industries are all designed to reinvigorate the economy and enhance living standards of ordinary people.
“We are getting security right. We are stopping corruption in its tracks and we will get the economy right by the Grace of God.”

 
President Buhari noted that the lessons of the Eid are piety and sacrifice and, which he said had been exhibited by the people in “equal measure.”