Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, has brushed aside speculations that the economy is in ruins.
She stated, via an issued statement, that the current administration of President Jonathan had created enough economic legacies to cushion whatever effects of economic imbalances there might be, adding that allegations of Nigeria’s economy being in wreckage are invalid.
“Despite the economic challenges the country is facing, the Jonathan administration is leaving some solid economic legacies for the incoming Buhari government. So, the allegations that the economy is in ruins are absolutely untrue.
“The significant achievements in several sectors attest to this. We cannot take away the fact that the Jonathan administration, in spite of the challenges caused by 50 per cent decline in the price of oil, has made a clear and measurable difference in many important areas and anyone who says nothing has been done and nothing is being left behind is being very unfair to facts and to history.
“Attempts to rewrite history will not stand. You cannot just wipe the slate clean for political reasons. We are not perfect but no one can take away the fact that we are leaving some good legacies behind”, she said.