APC fires back at Mutfwang, says Buhari very good in oil marketing

The All Progressives Congress (APC) has lambasted Plateau State Governor Caleb Mutfwang for blaming former President Muhammadu Buhari for Nigeria’s current economic woes and misery.

Mutfwang, who made the statement during Tuesday’s swearing-in ceremony for his special advisers and agency heads at Government House in Jos, alleged that the previous administration mortgaged the economy’s future.

Bala Ibrahim, the APC’s National Director of Publicity, reacted to Mutfwang’s comments, saying it was clear the Plateau governor was playing to the gallery and demonstrating some level of stupidity.

While exonerating Buhari from the current economic turmoil, Ibrahim added that those who know Buhari as a military leader and former petroleum minister understand that he can’t do anything to jeopardize the economy.

He said, “I will say the governor is probably displaying his ignorance of macro and micro-economies. When you talk about mortgaging the country or selling oil upfront for the future, I think he needs to go and learn how oil is marketed at the Rotterdam market. There are countries that produce oil, sell for upward of 10 years and payments made upfront. It is normal in the oil business. It didn’t start with Buhari even such a thing happened during his administration.

“For his (Mutfwang) information, Buhari is very versed and experienced when it comes to oil marketing and economy having been minister of petroleum during the military regime. He has also been one head of state that built two refineries during his time. So he is very conversant with the economics of oil and anyone who knows Buhari will tell you he won’t do anything that will shortchange the country or put the future of Nigeria in jeopardy.

“On the issue of money printed, I believe that is being investigated by the National Assembly and I don’t want us to start pre-empting the outcome. The governor is just playing to the gallery. It is not something new but a normal statement expected from the mouth of the opposition. But in playing opposition, I always like people to play constructive and not destructive criticism.”

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