FORMER Spokesperson of ex-President Goodluck Jonathan Campaign 
Organisation, Chief Femi Fani- Kayode has described the 2016 budget as 
presented by President Muhammadu Buhari to the joint National Assembly 
as that fueled by insincerity.
According to him, it was ironic that former governor Asiwaju Tinubu; 
Minister of Transportation, Rotimi Amaechi and Governor Nasir El- Rufai 
who kicked against deregulation during former President Jonathan, have 
suddenly become great supporters of deregulation.
In a statement he signed yesterday and made available to Journalists 
in Abuja, Chief Fani- Kayode who accused Buhari’s administration of 
spending money like a drunken sailor, alleged that the government was 
borrowing as if there was no tomorrow.
The former Aviation Minister who noted that the government was 
mortgaging the future of Nigeria, Nigerians and our children,said, “The 
2016 budget is fueled by insincerity, shrouded in fantasy, built on tall
 dreams and spawned by deceit, ignorance and the illusion of change. It 
is bloated, unrealistic, expensive, cosmetic and it will not result in 
anything good.
“In order to fund part of the budget the government intends to borrow
 money and this will throw our country into even greater debt. What a 
tragedy this is given the fact that in 2007 Nigeria was debt-free. The 
Buhari administration is spending money like a drunken sailor and they 
are borrowing as if there is no tomorrow, mortgaging the future of our 
nation and our children.
” We need far more fiscal discipline and seriousness than that if our
 government really wishes to improve the economy and better the lives of
 ordinary people.
“Meanwhile the Federal Government has said that President Goodluck 
Jonathan is responsible for today’s long fuel queues even though he left
 office 7 months ago.
” They seem to have forgotten that in 2012 it was their group, led by
 Bola Tinubu, Nasir El Rufai, Rotimi Amaechi and President Buhari 
himself that aggressively opposed deregulation and almost brought the 
whole country to a standstill with protests and riots all over the place
 in their efforts to prevent the government from removing the oil 
subsidy.
“Had it not been for their pettiness, lack of understanding, 
shortsightedness and double standards the subsidy would have been 
removed three years ago and fuel queues would have been a thing of 
history. Sadly they lacked the foresight to appreciate the virtues of 
that policy and today they have the nerve to blame Jonathan for the mess
 that they themselves essentially created.
“They have been in power for 7 months now: it is time for them to 
step up to the plate, start taking responsibility for their own actions,
 do a better job and stop blaming Jonathan for their own miserable and 
avoidable failures.”


 
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