President Muhammadu Buhari has once again blamed the economic recession on the global meltdown and the failure of past administrations to plan for the rainy day.
|President Muhammadu Buhari|
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”.
In his Sallah message, President Muhammadu Buhari commended Nigerians for their steadfastness in spite of the difficult economic times. He assured that his administration was working round the clock to remove the hardships.
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