The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said given the extent of damage already inflicted on the economy by past administrations, no politician currently vying for the seat of power has what it takes to return the economy on the path of growth within a short period.
He said Nigerians should interrogate politicians who go on air promising wonders to make things work again under the current economic realities.
The minister said with the current interest and exchange rates regime, coupled with other social limitations, especially the sheer reluctance by the commercial banks to extend credit to the real sector to stimulate growth, politicians would be making empty promises should they think they can address the myriad economic problems facing the country overnight.
Ogbeh, who spoke at a recent public function, decried a situation where the country relies on importation of almost everything, stressing that unless local production capacity is strengthened and economy diversified, “you can bring down an army of angels from heaven, they will not solve our problems.
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