(Nigeria Moment). Abuja –
The President- elect, Buhari yesterday (April 29, 2015) said that the decline in the revenues due to fall in oil prices poses a great threat to his administration’s development agenda. This painted a gloomy picture of what the economic development of his administration would look like when he assumes office on May 29, 2015.
Buhari made the statement while visiting the newly elected Senators and House of Representatives members who were undergoing induction course in preparation for the 8th National Assembly in Abuja. Moreover, Buhari stated that that the decline in revenue would affect the reconstruction of devastated areas in the country as a result of insurgency.