Cabals Pressurizing Buhari To Hijack & Take Control of Economy - Femi Falana Says

Posted by Odinaka on Mon 27th Jul, 2015 - tori.ng

Femi Falana (SAN), Monday said President Muhammadu Buhari is under pressure from some political forces to tilt his economic policies.

Lagos lawyer and human rights activist, Femi Falana

At the public presentation of a book, “Economic Diplomacy and Nigeria’s Foreign Policy” written by the immediate past chairman of the Board of TETFund, Dr. Musa Babayo, popular Lagos lawyer and human rights activist, Femi Falana (SAN), on Monday in Abuja, said President Muhammadu Buhari is under pressure from some political forces to tilt his economic policies.

He said the President has been inundated with numerous suggestions on how to handle the nation’s cash cow, the NNPC, especially on issues bothering on corruption against the agency, but noted that their argument clearly lacked merit.

“The national planning had been abandoned for market forces by those who control our country. What is going on now, even from the APC, there are people that are mounting pressure on President Buhari to continue to run the economy of Nigeria in the interest of few people and in the personal minority interest of captains of industry without industry.

But I think the President answered them last week, you know their campaign now is that “you must remove fuel subsidy, you must devalue the currency, you must privatize NNPC of all institutions and the President said I am not going to privatize NNPC, I will break it into two for effective performance, which I think is the best for our country.”

Reacting to President Buhari’s recent visit to the United States, Falana explained that the country has benefited hugely from the visit.

“I think we must be honest with ourselves, if there was anything the President has achieved with his visit to America not just for Africa, but the entire world is that for the first time the U.S has pledged to help a country recover her looted wealth,” he added.