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The Ogun Central Peoples Democratic Party Senatorial candidate, Chief Olumide Aderinokun has lamented that President Muhammadu Buhari have left Nigeria in a pathetic situation.
Chief Aderinokun on Wednesday said the country’s finds itself in a state of emergency, as he fears for the worst for the economy and security.
He lamented that the huge fall in the country’s excess crude oil account, to the dwindling naira rate and sequential attacks by terrorists in the Federal Capital Territory and other parts of the country.
“Our economy is in a state of jeopardy because the government have alerted us that they are spending all their revenue on debt servicing, which simply means we are on a cliff,” Chief Aderinokun told newsmen in Abeokuta.
“Sadly, the same government are still saying the account for excess revenue from sale of oil has shrunk from $35million to $376,000 within a year.
“We find ourselves at a stage where the APC government still try to earn praise for driving us to predictable debt crises and no economic achievement. They have turned everything upside down and trying to normalise recession.
“The world is suffering from inflation but it does not stop the government from protecting Nigerians with internal mechanisms, and we should not have gotten to this place.”
Chief Aderinokun also added his voice to the ongoing ASUU strike that has kept students out of school since February
The Akinruyiwa of Owu Kingdom called on the Federal Government to respond to the lecturers’ demands and take up the issue with seriousness.
He added: “It should not be taking this long for the government to call ASUU for dialogue and find a solution to the lecturers’ demands.
“Everyday we see our youths at home, while their mates in private universities are two levels ahead of them, some are yet to complete their admission process since last year and we have another batch that wrote JAMB this year.”
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