Abati said there was danger in peddling a single side of the story of how Nigeria’s recession started as championed by President Muhammadu Buhari’s cabinet.
Abati said, “There is something about the danger of a single story. If you look at the Jonathan government, at the risk of defending that administration, under that administration the GDP was the rebased and Nigeria became the largest economy in Africa.
“As at 2014, Nigeria had become the number one Foreign Direct Investment destination in Africa. Within the first half of 2014, this economy has gained from FDI alone about N1.15 trillion. In fact, that same year, for the first time in Africa, the World Economic Forum held in Nigeria; which was a kind of endorsement of what was been done by that administration at that time.
“It was also under that administration that the auto motive industry was revived. It was under that administration that the national railway was revived. It was under that administration that the agricultural sector became very robust.
“I am not here to come and offer a defense but the danger of the single story is that it ends up repeating a lie until you assume that people will believe it. I think that people should double check some of these things.”
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