Niger Delta militants responsible for economic recession – Osinbajo

Vice-President Yemi Osinbajo has attributed the current economic recession to the activities of militants in the Niger Delta.

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Osinbajo said there was no way Nigeria would not be affected, given the fact that the nation now loses over one million barrels of crude oil on a daily basis.

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The Vice-President said this on Monday at the maiden meeting of the Presidential Quarterly Business Forum, with members of the organised private sector and other stakeholders at the State House Conference Centre, Aso Villa, Abuja.

The meeting is part of the Federal Government’s effort to continually engage regularly with different segments of the Nigerian public on its economic policies and direction‎.

Osinbajo said, “Perhaps it is important for us to understand the nature of this recession in which we have found ourselves. A lot depends on what sort of recession and how we got here.

“If we did not have vandalism in the Niger Delta as we are currently suffering, we will not have this recession today.

“Moreover, in looking at the solutions, we should try to focus on the type of problem we have and what instigated it; then we can begin to come up with better solutions.”

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10 Comments

  1. Jonesing vp is GEJ again? Very soon u will put the blame on and say becox I had no oxford certificate that is why the country is like dis or becox Ngoze refused to come back as minister of financy that is why you liars and f**k heads could not perform…….APC!!! ILUSION!!!.

  2. Osibade who caused it? Were they not peacefull from yar adua presidency thru Jonathan goodlucks govt until you And ur clueless oga came on board

  3. Those responsible for the recession include; The Bad mouth of APC Supporters; The insult of the goose that laid the golden eggs; nemesis of the Criminal Neglect of the Niger Delta Region over 62years of Oil production; arrogance of APC’s Leaders and boasting with their Old General (PMB), that he has the capacity to crush anybody, including Boko Haram within 3-6months of taking over power, and that 95% voted for him, and another 7% did not vote for him he will not care for,(I don’t know where the additional 2% came from). And it is the Wealth of the 5% you want to use to take care of the 95% who voted for him; and doing nothing with the Money of the Nation for over 1Year of crying and blaming are all responsible for the recession.

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