Buhari Approves Key Appointments For Osinbajo’s Office
Buhari gives the closing speech at the end of the Presidential Retreat for ministers-designate, presidential aides and other top government functionaries (Image credit: State House)

A former Senator Shehu Sani has knocked President Muhammadu Buhari over the latter’s accusation against an assessment by foreign bodies.

Buhari has said that statistics being used by the World Bank, the International Monitory Fund (IMF) and other international institutions to assess Nigeria’s economy are not dependable.

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Concise News reports that, to this end, the Nigerian leader has asked his newly formed economic team to focus on primary data collection to enable proper planning and assessment.

The president inaugurated his eight-member Presidential Economic Advisory Council (PEAC), led by Doyin Salami, at the Presidential Villa, Abuja, Wednesday.

“Today, most of the statistics quoted about Nigeria are developed abroad by the World Bank, IMF and other foreign bodies,” Buhari said.

“Some of the statistics we get relating to Nigeria are wild estimates and bear little relation to the facts on the ground.

“This is disturbing as it implies that we are not fully aware of what is happening in our own country. We can only plan realistically when we have reliable data.

“As you develop your baseline study, I would like you to focus on primary data collection.

“We can only plan realistically when we have reliable data. As you are aware, as a government, we prioritised agriculture as a critical sector to create jobs and bring prosperity to our rural communities.

“Our programmes covered the entire agricultural value chain from seed to fertiliser to grains and ultimately, our dishes.

“As you travel in some rural communities, you can clearly see the impact. However, the absence of reliable data is hindering our ability to upgrade these programs and assure their sustainability.

“As you travel in some rural communities, you can clearly see the impact. However, the absence of reliable data is hindering our ability to upgrade these programmes and assure their sustainability.”

While reacting to Buhari’s comment, Shehu Sani in a tweet on his handle noted that Nigeria get loans from these foreign bodies but reject their assessment.

“You want World Bank money; You don’t want World Bank assessment,”  he said in the tweet on Thursday.