The Federal Government has decried the
inability of the previous administration to settle the outstanding N65
billion fertiliser debt owed to suppliers of the commodity.
This is contained in a statement issued
by Malam Garba Shehu, the Senior Special Assistant on Media and
Publicity to the President in Abuja on Monday.
Shehu said it was wrong for the government to purchase fertilisers worth N65 billion since 2014 and left the bill unpaid.
He, however, said that the Federal
Government had to pay off the debt so that the suppliers could begin to
supply fertilisers again.
The presidential aide attributed the
current food crisis in the country to some of the unpopular policies of
the past administrations.
According to him, the current pain is
due to the mismanagement of the past and that what Nigeria is currently
experiencing was inevitable.
He said the President Muhammadu
Buhari-led administration was simply being honest with the people
instead of piling up debts and concealing the truth by pretending all
was rosy.
He said, “This government believes that
Nigerians deserve to know the truth. People stole unbelievable amounts
of money. The kind of money some of these ex-officials hold is itself a
threat to the security of the state.
“Since it is not money earned, they feel no pain deploying just anyhow to thwart genuine government efforts.
“Sadly, even that which was not stolen
was wasted. Government coffers were left empty, with huge debts unpaid
and unrecorded (this government is working to quantify the amount owed).
“Even the current high food prices can
be traced to past deceit. For example, the previous government purchased
fertilisers in 2014, worth N65 billion and left the bill unpaid.
“In 2015 the suppliers could not supply fertilisers which resulted in a low harvest, shortages and high food prices.
“This government had to pay off the debt so that the suppliers could begin to supply fertilisers again.”
Shehu said that Nigeria had started
witnessing another era of green revolution as Nigerians across the
country were going back to the farms, from rice in Kebbi and Ebonyi to
Soya and Sesame in Jigawa and Kano.
He said that at the same time, Nigerians were looking inwards to identify commercial opportunities from agricultural businesses.
NAN

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