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Buhari’s Economic Team: Osinbajo is a lawyer but better than economists – Segun Oni



Segun Oni, Deputy national chairman (South) of the All Progressives Congress, APC, has dismissed criticism trailing the economic team of President Muhammadu Buhari.
Vice President, Prof. Yemi Osinbajo heads the team.

Oni, while reacting to comments that Nigeria entered recession because APC lacks experts to manage the economy, told Vanguard that “There are experts; there is an economic management team headed by the Vice President.”
“Yes he is a lawyer, but if there is anything this vice president cannot do about the economy, no other Vice President in the history of Nigeria would have made any attempt.”

Oni, a former governor of Ekiti State, said even economists were not better than Osinbajo.

“We should not quickly forget where people are coming from; yes, this is a lawyer, a professor of no mean rating, who has done a lot of consultancy work for the World Bank, the African Union (AU) and so on.

“Osinbajo has a team that he is heading, it is not a one man team. I know within there, the economic adviser, is a guy that all of us had known when we were at school as one of the best brains we can find on the terrain, which also had a good career in the foreign service.
“Look, things would work and I am confident things would work, but yes we are overwhelmed by the high expectations of people right now.

“It is normal, but if anybody says because we don’t have people to manage the economy, which team could have managed the economy as it is now better than we are doing? Is it the team that destroyed it? That brought it down?

“Nigerians don’t seem to also complain when they were buying dollars as if it was going out of fashion; the legal tender during electioneering and campaign was dollars.

“If you were eyeing other people’s currencies at that height, you were making useless your currency, how do you think you will make an overnight recovery? It is not easy. Yes, the situation is very bad, but we would get out of it.”

Oni recently stated that Nigerians would have been refugees by now, if Buhari had not emerged president of Nigeria.