BUHARI: this recession will not last - President says

Buhari also said he understands what Nigerians are going through, and asked them to be patient.

During his UN address, Nigerian President Muhammadu Buhari said that devastation created by Boko Haram had been compounded with climate change
(Getty/AFP/File)

President Buhari, during his Independence Day speech to Nigerians, assured them that the recession will soon be a thing of the past.

In his words: “I believe that this recession will not last.

“Temporary problems should not blind or divert us from the corrective course this government has charted for our nation. We have identified the country’s salient problems and we are working hard at lasting solutions.”

Buhari also said he understands what Nigerians are going through, and asked them to be patient.

He said “I know that uppermost in your minds today is the economic crisis. The recession for many individuals and families is real. For some It means not being able to pay school fees, for others it’s not being able to afford the high cost of food (rice and millet) or the high cost of local or international travel, and for many of our young people the recession means joblessness, sometimes after graduating from university or polytechnic.

“I know how difficult things are, and how rough business is. All my adult life I have always earned a salary and I know what it is like when your salary simply is not enough. In every part of our nation people are making incredible sacrifices.”

Buhari said he ran for the office of President, four times because of his vision to stop the looting of Nigeria’s resources.

According to Mr. President “I ran for office four times to make the point that we can rule this nation with honesty and transparency, that we can stop the stealing of Nigeria’s resources so that the resources could be used to provide jobs for our young people, security, infrastructure for commerce, education and healthcare.

“I ran for office because I know that good government is the only way to ensure prosperity and abundance for all. I remain resolutely committed to this objective.