If not for Buhari’s decisions, Nigeria would have been declared bankrupt – Governor Abubakar

      

Bauchi State governor, Mohammed Abdullahi Abubakar has asked the leadership of the Nigerian Labour Congress, NLC, and related organizations in the country to support the presidency for taking “a bold step” to transform the economy and shun their plans to embark on strike over the removal of fuel subsidy.
The governor pointed out that the government’s decision would save the nation nearly a trillion naira that was spent last year in the name of subsidy to provide the needed infrastructure.
Abubakar made the appeal in the wake of an ultimatum issued by the labour leaders, asking the federal government to rescind its decision to deregulate the downstream sector of the petroleum which resulted in the increase of the price of the commodity to N145 a litre.

Meanwhile, the National Industrial Court had on Monday issued an order restraining the Nigerian Labour Congress, NLC, to put its planned strike on hold, pending the hearing and determination of a suit brought before it by the Attorney General of the Federation, AGF, and Minister of Justice, Mr. Abubakar Malami SAN.

The governor said, “No government in the history of this country has shown more commitment to the resuscitating the moribund economy of Nigeria, and putting on the right tract of meaningful development than the administration of President Muhammadu Buhari.
“But for the bold decisions being taken by the Buhari administration, Nigeria would have been declared bankrupt.”
He further noted that Nigeria cannot “continue to live in the fantasy of thinking that all is well. The economy needs decisions like these to bounce back.”