Why Nigeria has Broken Economy – Timipre Sylva

• While critics have accused the government of worsening the economy, Sylva put the blame on the Peoples Democratic Party (PDP) led administration.

The Minister of Petroleum Resources, Timipre Sylva, has defended how the administration of President Muhammadu Buhari is handling the country’s economy.

The Minister made the defense while responding to questions on the economy and other issues when he was featuring on Channels Television’s ‘Politics Today’ on Thursday.

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While critics have accused the government of worsening the economy, Sylva put the blame on the Peoples Democratic Party (PDP) led administration.

“What we inherited is like broken China (plate),” he said when asked about the state of the economy. “Somebody broke the China and arranged it very well on the table as if it was not broken.

Timipre Sylva

“So, you came into the room, and you thought there was a China on the table and you tried to pick it up, and it just fell into pieces in your hands; who broke it, is it you or was it already broken?

“That was the kind of economy we inherited; we inherited an economy that was already broken. We tried to pick up the economy and it scattered in our hands.”

President Buhari won the 2015 presidential election on the strength of his campaign promises which bordered on fighting corruption, providing security, and improving the economy.

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