BUHARI’S GOVT WORSENED CORRUPTION, CHASED AWAY INVESTORS – JONATHAN
BUHARI’S
GOVT WORSENED CORRUPTION, CHASED AWAY INVESTORS – JONATHAN
Former
President Goodluck Jonathan says his successor, President Muhammadu Buhari, not
only worsened the level of corruption in Nigeria but also chased away investors
by de-marketing Nigeria abroad.
Jonathan
added that rather than take Nigeria to the next level, the Buhari
administration decided to engage in media trials which also worsened the
corruption perception of Nigeria thereby leading to Nigeria’s slip in the
Transparency International Corruption Perception Index.
The
former President said this in his recently published book titled, ‘My
Transition Hours’.
He
said, “The sundry accusations by the new administration will appear to have
baited the media. Media trials are entertaining but have little or no effect in
fighting corruption and improving the economy.
“Since
I left office, rather than improve on our TI corruption perception record, the
situation has worsened with the nation going 12 places backward, becoming
number 148 according to the latest CPI ranking for 2014, from 136 in 2014 when
I was President.
“It was
bad enough that Boko Haram insurgency continued killing people and ruining
businesses but what is worse is when politicians downgrade the economy by
de-marketing the country internationally.”
The
former President said the Buhari administration failed to realise that foreign
investors are always very sensitive to the utterances of the government.
He said
in the process of trying to dig a hole for him, the Buhari government ended up
digging a hole for the nation.
Jonathan
added, “You should never try to slander your political opponent by destroying
your country’s economy. Capital flight intensified and companies started laying
off staff. In all this, I hope a lesson will be learned. If you embark on
digging a hole for your enemy, you better make it shallow because you might end
up in the hole yourself.
“How do
you attract investors you already repelled through your utterances? Investors
are an ultrasensitive lot. Money runs away from unstable societies.”
0 comments:
Post a Comment