No ex-govt official should leave Nigeria after May 29 – Yayale

Yayale, who is the pro-chancellor and chairman of council of the Bayero University, Kano (BUK) gave the advice after presenting a paper at the 31st convocation lecture of the university yesterday. His paper was titled; “The 2015 Transition: Realities, Expectations and the Challenges”. He said when the Buhari administration takes over, it would discover many […]

Yayale, who is the pro-chancellor and chairman of council of the Bayero University, Kano (BUK) gave the advice after presenting a paper at the 31st convocation lecture of the university yesterday.
His paper was titled; “The 2015 Transition: Realities, Expectations and the Challenges”.
He said when the Buhari administration takes over, it would discover many things and ask many questions.
“I want to inform you that whether there is proper briefing or not, the reality will become reality on May 29. After they have taken over they will see where to ask questions and in what we call public accountability, nobody should be allowed to go without accounting for what is not there.” Yayale said. 
Yayale said Nigerians should not expect miracles from Buhari, but rather support him with prayers as the circumstances are not such that would admit miracles.
He said he never regretted contesting for governorship in Bauchi State because he had learnt a lot and is ready to contest again whenever the need arises.
The major problem of the Nigerian economy, Yayale said, is not about its size, but its content.  “The country is increasingly becoming mired in debts. After painfully exiting the Paris Club and other external debts, with a cash payment of over $12 billion, the foreign debts are piling up again from $4.5 billion in 2010 to $6.4 billion in 2014.
“The domestic debt profile increased from $30.5 billion in 2010 to $47 billion in 2014. On the whole public debt has grown by $18 billion between 2010 and 2014. A major problem of this debt profile is that most of the debt is incurred on consumption (recurrent) and not investment (capital)”.  
Yayale during the lecture tried to defend himself on the role he played when late president Yar’adua was on the sick bed, saying  Yar’ adua would forgive him for taking the right decision.