Recession: Buhari’s economic policy is on the right track – Lai Mohammed

Minister of Information and Culture, Alhaji Lai Mohammed, has said that the President Muhammadu Buhari-led administration is on the right track and there is no alternative to what it is doing.

The minister stated this at a meeting with the members of staff of the Nigerian Embassy in Madrid, Spain.

The News Agency of Nigeria reports that the meeting was during the minister’s two-day official visit to the United Nations World Tourism Organisation (UNWTO).

“I believe that we are on the right track, there will be some pains, but there is no alternative to what we are doing,’’ he said.

Mohammed said the administration had fulfilled its campaign promises to address insecurity, fix the economy and fight corruption.

In the area of security, the minister said that when President Buhari came on board, 14 of the 20 Local Government Areas of Borno State, four in Adamawa and three in Yobe were under the sovereign authority of Boko Haram.

He said that with proactive measures and soft diplomacy with neighbouring African countries, the U.S., France and the G-8 had helped the country to “decisively deal with Book Haram’’.

“Today, all the major highways leading to Maiduguri are opened and about two months ago, the Nigeria Football Federation (NFF) played a league match in Maiduguri stadium,’’ he said.

On the renewed agitations in the Niger-Delta region and parts of the South-East, the minister reassured that the government would not marginalise any part of the country, and assured that economic development would go round to everyone.

According to the minister, the present administration is implementing fiscal discipline and other measures to address the messed up economy it inherited from its predecessors.

He said with the temporarily painful measures, the government would turn around the adversity to gains and ensure that never again would the nation run a corrupt, clueless and an oil-dependent economy.

The minister said the administration had been unfairly accused of placing too much emphasis on the fight against corruption at the expense of addressing fundamental economic issues.

He stressed that no amount of economic reforms put in place could work unless the “monster of corruption is successfully dealt with’’.

Mohammed said the administration’s fight against corruption was not selective, and that the government was not probing the 2015 elections campaign funds of the Peoples Democratic Party (PDP).

He assured that that the government would continue to remain focused in its efforts to rebuild the country.

The Minister Consular of the embassy, Sola Akinlude, who conducted the minister round the embassy, said the official population of Nigerians resident n Spain was about 100,000.