Former Ekiti State Governor, Ayodele Fayose, says Nigeria’s economy may not recover 50 years

Former Ekiti State Governor, Ayodele Fayose, says Nigeria’s economy may not recover 50 years after the regime of the President, Major General Muhammadu Buhari (retd.).

Fayose, who stated this in a string of tweets on Friday, was reacting to the foreign capital flow into Nigeria which plummeted by more than half in 2020 to $9.68bn, its lowest level in four years.

The PUNCH had reported that the National Bureau of Statistics, in its capital importation report for the fourth quarter and full-year 2020, said the total value of capital importation into the country fell by 59.65 per cent or $14.3bn last year from $23.99bn in 2019.

Reacting, Fayose said the decline in foreign capital flow is an evidence of how the Buhari regime has ‘killed’ Nigeria.

The governor wrote, “Just read that our country’s foreign capital inflow sunk to $9.68bn, its lowest in four years. That’s according to the National Bureau of Statistics.