Udom Blames Recession on Poor Planning and Weak Economic Foundation


By Okon Bassey in Uyo

Akwa Ibom State Governor, Udom Emmanuel, has blamed the current economic recession in the country on poor planning and weak economic foundation since independent.

At a media interaction to mark the 29th anniversary of the creation of Akwa Ibom State, he posited that policy makers would have sustained the agricultural viability of the country instead of depending solely on oil.

According to him, “Any country that has V8 cars on the road outnumbering the number of tractors in the farm has a problem.

“This is the time for us to reappraise ourselves and redefine what is good for our country.

“I tell our civil servants instead of queuing in the bank for pension after you retire, if you have 50 hactares of land, begin now to plant cocoa and in the next five years you will start making millions of dollars from your farm. There is no pension or gratitude that will be more than that”.