Jonathan to Nigerians: Endure hardship that comes with fallen oil price

President Goodluck Jonathan has asked Nigerians to endure the effects of the current drop in global oil prices, saying the nation will survive it.

Mr. Jonathan, while speaking at the Christ Apostolic Church in Abuja on Sunday, said the oil price drop is nothing compared to 2008 to 2009 when oil was sold for $40 per barrel.

“Of course, if t‎here is a drop in oil price, it will affect us in one way or the other. We tell our people to bear with us. It has happened before in 2008, 2009 that was almost about $40, we survived as a nation.

“This time, by all predictions, it will not even go as low as that, we will surely survive it. The economic team is working very hard to stabilise it and we believe that although there may be temporary inconveniences, it will definitely not bring the economy down” he said.

The President told the congregation that he decided to go round churches in Abuja to thank them for their prayers. He said even as the challenges facing the country increased during his tenure, Nigeria’s current woes would have been worse but for prayers.

– Premiumtimes