Yoruba Socio-political group, Afenifere, has advised the president, Muhammadu Buhari on what his next line of action in the country should be following the declaration of the economy’s recession status by the Finance Minister.
The Afenifere, speaking through its National Publicity Secretary, Yinka Odumakin, said the next step for the president will be to restructure the economy as the issue of recession could not be addressed.
The group’s National secretary said said: “Nigeria has entered a terminal crisis as it is now on irreversible journey to Venezuela.
“The Naira is on a free fall; inflation has torn the roof and suicide is now the option left for the hapless which we are already harvesting.
“There is no way out of this crisis except we restructure and release the creative energy in the federating units to retool. If we continue on this beaten path, our spring looms.”