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Monday, 19 September 2016

Vanguard: We Are Suffering Recession Because Of The Niger Delta Avengers--Vice President Osinbajo


Monday 19 September, 2016

Vice President Yemi Osinbajo on Monday blamed the current economic recession in the country on the militancy in the Niger Delta region.

The Niger Delta Avengers and other militants have been bombing oil and power installations in the region.

Speaking at the Presidential Quarterly Business Forum at the State House, Abuja, Osinbajo said the bombings had more adverse impact on the 2016 Budget and the economy than the low prices of oil in the international market.

According to him, the 2016 Budget had properly anticipated the low oil price, but didn’t expect the drop in oil production caused by the bombings.

He said Nigeria, whose budgetary expenditure was predicated on a daily crude oil production of 2.2 million barrels per daily, was producing less than 1.1 million barrels per day owing to the nefarious activities of the militants.

He said: “Perhaps it is important for us to understand the nature of this recession in which we have found ourselves. In discussing this issue of recession there is tendency for people to generalize. A lot depends on what sort of recession and how we got here.

“If we did not have vandalisation in the Niger Delta as we are currently suffering, we will not have this recession today. Moreover in looking at the solutions, we should try to focus on the type of problem we have and what instigated it. Then we can begin to come up with better solutions.”

But rather than analyzing how Nigeria came about the problems, he noted that some Nigerians were busy criticizing the Federal Government.

Source:The Vanguard

3 comments

  1. VP Osinbajo, what are you complaining about? It seems that you and your Islamic boss do not read or understand the conditions given by NDA. Please meet their request including the unconditional release of Mr. Nnamdi Kanu, Biafra leader, a freedom fighter, an innocent man, who has been illegally detained by your boss for nearly a year now. The bombing of oil pipelines will not cease until Mr. Kanu is released from your dungeon.

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  2. Shame on you Pastor Alaji Yemi Osinbajo. So! Without Biafra yo can not survive? Hausa-Fulani, Yoruba and Britain caused the terrible condition that the fake fraudulent expired Nigeria country is in today. This is the outcome of British divide and rule!!!

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  3. UNA DON HEAR AM FROM NIGERIAN PROF WHO CAN'T EVEN KNOW HIS DUTY?HOW ON EARTH CAN ZOO SURVIVE WITH RABBIT SENSES?WHAT A SHAME! FOR YOUR INFORMATION,YOUR MASTER,THE RAPIST BUHARI AND YOU ARE JUST IN THE EARLY STAGE OF DOOM FROM GOD OF BIAFRA.YOUR IGNORANT WILL CONTINUE FROM PDP,GEJ,AVENGERS ETC WHILE A DIVINE SCRIPT THAT SHALL MAKE EVERY HIGH ECONOMIC,LAND,SEA,AGRICULTURAL,SHEEPS,GOATS,POLITICAL,SECURITY,ETC TO BE TOTALLY DESTROYED. OSINBAJO,PLEASE,ARE YOU NOT A PASTOR FROM NIGERIA YET THE SPIRITUAL PUNISHMENT OVER THE LAND YOU RULE IS IN TATTERS WITHOUT REMEDY?WHERE IS ADEBOYE AND ALL FALSE PROPHETS IN NIGERIA?LET THEM TELL YOU AND YOUR MASTER AND NIGERIA WHAT REALLY GOING ON.SORRY,YOU ALL WITH YOUR FAMILIAR ,WITCH SPIRITS CANNOT UNDERSTAND UNTIL BIAFRA IS RESTORED.AFTER THAT WE SHOW/OPEN THE EYES OF THE WICKED INCLUDING OSINBAJO.LETS SEE WHOSE GOD IS GOD BETWEEN THE BIAFRANS AND NIGERIANS CALLED ZOO.OUT OF 1000MILES,NIGERIA IS JUST AT 1MILE AND REMAINIG 999MILES SHALL WITNESS TOTAL END AS NEVER BEFORE UNDER GOD INCLUDING PHARAOH EGYPT,SODOM AND GOMORAH,EPIDEMICS ETC.4RM BIAFRAN RABBI,UNDER OATH FROM CHUKWU OKIKE ABHIAMA(GOD OF ABRAHAM).

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