The Federal Government on Thursday said the President Muhammadu Buhari-led administration was not responsible for the ongoing hardship currently being experienced by Nigerians as a result of the economicrecession.
The Minister of Budget and National Planning, Senator Udo Udoma, said this while answering reporters’ questions after the last meeting of the National Economic Council for the year at the Presidential Villa, Abuja.
According to Udoma, rather than being responsible for the country’s many woes, the administration of President Buhari was on a rescue mission.
He said: “We did not and are not responsible for the current economic situation we find ourselves. We are actually a rescue team, a team working to rescue Nigeria from the position we find ourselves in.
“Under President Buhari, we are determined to take Nigeria out of the situation. The situation started long before we came. As you know, oil price started falling from 2014 when it was about $110 and by January this year, it was below $30. Unfortunately, they did not save.
“We are determined to take Nigeria from a consuming nation to a producing nation. That is why we are developing an economy recovery plan and that is our focus. We are committed to success,” Udoma added.
Recently, the Peoples Democratic Party has stated that Nigerians were suffering under the President Muhammadu Buhari-led Federal Government.