Tuesday, April 30, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

We’d have to downsize our promises, says Lai

We’d have to downsize our promises, says Lai
February 29
12:10 2016

Lai Mohammed, the minister of information and culture, says President Muhammadu Buhari’s campaign promises were based on $100 per barrel oil, so current realities will make the government fall short of its promises.

However, contrary to Mohammed’s claims, the All Progressives Congress (APC) kicked of its full presidential campaign in November 2014, when oil sold at $79 per barrel.

In February 2015, while APC was still campaigning, oil sold for $54 a barrel.

“We are in a completely different situation from that which we envisaged. We did not in our wildest dreams think that the price of crude will crash from about $100 to $30,” the minister said on Channels TV politics today.

Advertisement

“This is only a challenge; we have faced similar things before. One of the major economic focus is to ensure that by the end of this year, we would have achieved import substitution in many sectors.

“When you campaign, you say you’ll do A, B, C, but when you win elections, you’ll priotise. We were elected for a four-year period, not for one year. Things, we hope, will not be bad all through these four years.

“We are still faithful to those promises, but when we were campaigning, the price of crude was $100 a barrel. Today, its $30 a barrel, so definitely, we would have to downsize some of the things we intended to do, or prioritize them.”

Advertisement

The minister, who claimed he does not speak for the All Progressives Congress but for the government of the day, said Buhari’s anti-graft war has not been one-sided. He said corruption exists in every party.

“It would be wrong of me to start mentioning names of members of party A or party B that have been accused of corruption. But if you pay more attention, and see those who are coming and going out of court, you will know which parties they belong to.

“One thing is clear, corruption in Nigeria cuts across religion, cuts across ethnicity; cuts across political parties. Having said this, we do not micromanage anti-graft agencies,” Mohammed said.

“I am government and I can tell you authoritatively that this government does not tell EFCC who to arrest and who not.”

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

5 Comments

  1. Es3
    Es3 February 29, 16:21

    Nigerians, please remind Lai Mohammed that there is limit to lying?!

    Was the price of crude oil at $100/barrel during 2015 elections campaigns or during the March 2015 elections itself???

    Reply to this comment
  2. Biggie
    Biggie March 01, 08:07

    It is a big disappointment to have this type of Information Minister in this age and time. One should expect that a party that prides itself as progressive should have a progressive mouth piece and not an outdated and out of tune propaganda styled information minister. This is a huge disappointment indeed.

    Reply to this comment
  3. onas
    onas March 03, 09:43

    Your comment..It is rather unfortunate that Lai had turned himself to liar,those who were deceived during electioneering campaign can see the deceipt of the so called progressive.

    Reply to this comment
  4. Mashkoor
    Mashkoor March 05, 22:16

    Sorry sir, I was really shocked to hear this meaningless and fabricated information from you. I know your administration is full of fabrication, procrastination, awkward, inconviniences, lack of transparency, bias and the rest. No one can achieve his goals and objectives if one lacks trust. We are calling the attention of this very slow government to change its navigation/direction.

    Reply to this comment
  5. Dape
    Dape March 06, 16:13

    …….Can you downsize your lies too? bcos the lies are affecting our (Nigerian) sleep.

    Reply to this comment

Write a Comment

error: Content is protected from copying.