Wednesday, 7 September 2016

Increase in food prices can be traced to deceit of GEJ's government - Presidency

The presidency has attributed the current increase in food prices to the deceit of the last administration led by Goodluck Jonathan. Senior Special Assistant to President Buhari on Media and Publicity, Shehu Garba, made the allegation in a statement released recently.

“This government believes that Nigerians deserve to know the truth. People stole unbelievable amounts of money.
The kind of money some of these ex-officials hold is itself a threat to the security of the state. Since it is not money earned, they feel no pain deploying just anyhow to thwart genuine and well-intentioned government efforts. Sadly, even that which was not stolen was wasted. Government coffers were left empty, with huge debts unpaid and unrecorded (this government is working to quantify the amount owed). Even the current high food prices can be traced to past deceit. For example, the previous government purchased fertilisers in 2014, worth N65 billion and left the bill unpaid. In 2015 the suppliers could not supply fertilisers which resulted in a low harvest, shortages and high food prices. This government had to pay off the debt so that the suppliers could begin to supply fertilisers again".

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