Majority Leader of the House Of Representatives, Femi Gbajabiamila, has pinned the current economic hardship in the country on the Goodluck Jonathan administration, saying the last government left an empty treasury.
Speaking on Friday, May 27, at the Town Hall Meeting he organised to give account of his stewardship to his constituents in Surulere, Lagos, the lawmaker said that more damage was done to the country’s economy than the Muhammadu Buhariadministration thought.
“Things are very difficult in Nigeria today; we must acknowledge that. The question we need to ask ourselves is why? And the answer is very simple,” he said.
“When this government came into power, we knew the situation was bad, we knew the previous government did so much damage to the economy, but, we did not know how bad.
“It was when this government got there that they saw the books and they found that everything was empty.
“Apart from the falling oil revenue, we have read in the papers how people are being tried for looting the country’s treasury; how people were putting billions meant for terror war in their pockets.
“The kind of rot, the kind of corruption Buhari met is unprecedented anywhere in the world. Had the president not taken some of the measures he is taking now, the system would have collapsed completely.“
He said the recent hike in petrol price was an inevitable decision as the country’s revenue was drying up due to the crash in oil price.
Gbajabiamila appealed to Nigerians to show understanding on the issue, saying the increase would be beneficial to Nigerians in the long run.