Monday, 22 February 2016

POLITICS:-Sen Ben Murray-Bruce absolves President Buhari of Economic crisis

Silverbird group chairman and senator of the Federal Republic Nigeria
Ben Murray-Bruce has absolved President Muhammadu Buhari of the
economic woes bedevilling the country which has seen prices of food
sky rocketed and job losses.

SOURCE:-Oluniyi Hisamotu | Topup9ja Staff


The #CommonSense advocator make his position known in a series of
tweets on his twitter handle @benmurraybruce

He tweeted, "Many Nigerians are complaining about the constant fall in
the value of the Naira and they blame the Government."

He continued, "But is the government really to blame?
In truth, our insatiable appetite for all things foreign is to blame."

"I always fly Arik Business Class whenever I am travelling abroad
except Arik does not fly on that route."

"Not only is an Arik ticket a fraction of the cost of a British
Airways ticket, but the money I pay to Arik circulates in Nigeria and
helps firm up the Naira's value."

Making an example of how Nigeria products are affordable to foreign
products, he tweeted
,
"As I speak to you today, a British Airways Business to London is
₦2,103,666 while Arik Business is ₦551,545 yet our elite still fly BA"

"But though Arik offers an affordable alternative to British Airways
and other foreign airlines, our big men prefer to pay double what Arik
charges to BA and other foreign airlines for the same services and yet
they complain about the value of the Naira."

"I have Nasco cornflakes and I have eaten Kellogs cornflakes.
In terms of nutrition and taste they are almost indistinguishable.
Yet our elite who will rather eat Kellogs than Nasco cornflakes,
wonder why the Naira is falling!"

"Even something like Quaker Oats can be substituted with corn meal
known locally as pap."

"Obasanjo Farms of Nigeria and other large scale poultry farms have
the capacity to provide chicken for the entire nation. Since that is
the case, why are we even buying imported chicken?

He urge all Nigerians to take to agriculture as one of the way out of
this economic quagmire
"In fact what is wrong if every family in Nigeria has a poultry in
their backyard to give them eggs and meat?

"My steward went to Makoko, which is one of the largest fishing
communities in Lagos. He wanted to buy fish and they were selling
imported frozen fish!

"Yet in the very waters in front of them, there exist fresh fish that
is more nutritious than the cheap frozen fish they were selling."

He also enthused that capital flights is one the barrier affecting our economy,
"We keep spending over 1 Billion Naira importing rice when our own
farmers are capable of meeting our national demand for rice. But for
some reason, Nigerians just prefer to buy imported rice."

"The imported rice we buy in Nigeria is not as good as our local rice
because it has been stored for years in silos and treated with
chemicals."

"Moreover, every time you buy it, your money is going out of Nigeria
to service an economy in Asia. The end result is that their currency
gains value while ours loses value."

"Have you ever wondered why European Premiership Clubs are so
interested in Nigeria? It is because Nigerians spend billions
travelling to Europe to watch their games, buy their merchandise and
promote their leagues."

"Yet, back at home, we would not be caught dead watching our own local league."

"If we will not spend money on made in Nigeria goods and services, how
can we expect our Naira to hold its value and appreciate?

"Obviously we can not cut ourselves off from the world. No nation is
an island, but at least we can fly Nigerian airlines, eat locally
produced food and patronize our football league.
"

"If we do this, not only will our economy grow and produce jobs for
Nigerians, it will also make our goods and services improve in value
such that they will be attractive enough to be imported."

The general belief is that Made in Nigeria products are not of
standard quality but Murray-Bruce disagree with such notion, he
tweeted,
"I bought Innoson vehicles as official cars for my staff. I have never
lived to regret it one day. They are comfortable and durable. But most
of all, I know that my purchase helps to keep jobs in Nigeria and
improve the value of the Naira."

He stated emphatically that the only way out of this economic is to
buy Made in Nigeria,
"I urge you to do the same. We have no other country but Nigeria and
it is you and I that will make it what it is."

"If we buy Naija We Will Grow Naira
"

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