Former Minister of Aviation, Chief Femi Fani- Kayode has described the 2016 budget presented on Tuesday by President Muhammadu Buhari as one shrouded in fantasy and headed for failure
In a statement issued on Tuesday, Fani-Kayode wondered why the federal governemnt would blame the former administration of President Goodluck Jonathan for the lingering fuel scarcity, “7 months after he left office” and said: “Meanwhile the 2016 budget is fuelled by insincerity, shrouded in fantasy, built on tall dreams and spawned by deceit, ignorance and the illusion of change. It is a see nothing, do nothing, know nothing budget and it is bound to fail.
“In order to fund part of the budget the government intends to borrow money and this will throw our country into even greater debt. What a tragedy this is given the fact that in 2007 Nigeria was debt-free. The Buhari administration is spending money like a drunken sailor and they are borrowing as if there is no tomorrow, mortgaging the future of our nation and our children.
“We need far more fiscal discipline and seriousness than that if our government really wishes to improve the economy and better the lives of ordinary people.
On the fuel scarcity and proposals for subsidy removal, the PDP chieftain said: “The Federal Government says President Jonathan is responsible for todays fuel queues 7 months after he left office. They seem to have forgotten that in 2012 it was their group, led by Bola Tinubu, Nasir El Rufai, Rotimi Amaechi and President Buhari himself that aggressively opposed deregulation and almost brought the whole country to a standstill with protests and riots all over the place in their efforts to prevent the government from removing the oil subsidy.
“Had it not been for their pettiness, lack of understanding, shortsightedness and double standards the subsidy would have been removed three years ago and fuel queues would have been a thing of history. Sadly they lacked the foresight to appreciate the virtues of that policy and today they have the nerve to blame Jonathan for the mess that they themselves essentially created.
“They have been in power for 7 months now: it is time for them to step up to the plate, start taking responsibility for their own actions, do a better job and stop blaming Jonathan for their own miserable and avoidable failures.”