He disclosed this in Abuja when asked about how the country can manage the six trillion naira proposed by President Muhammadu Buhari in the budget.
Although he said that the amount proposed was good, the country should borrow a large sum of money at once that can pay all debts in order to solve the economic issues in the country.
“If you are an economist, you will find out that we are heading towards economic reccession. I don’t think the amount proposed for the budget is bad.
“When we were debating the Medium Term Expenditure Framework (MTEF), we argued that the country should borrow a large sum to revive industries and put more infrastructures for job creation.
“Even the bench mark that was used to prepare the budget was based on 38 dollar per barrel. As i speak to you today, the oil is going at 36 dollar per barrel.
“Now that we have received the budget from Mr President, we will look at it and look at the realities on ground,” he said.
Anyawu added that the President is not the government but only holds a position in the country thereby if he fails, then the country fails.
He added that it was not the sole responsibility of the President to revive the economy but also the job of the other arms of government in collaboration with the citizens to make progress.
Anyawu said that this can work if party affiliations are put aside but instead focus on the needs of the people.
“It is not about the party but the individuals. Buhari is not the Nigerian government but just the President of Nigeria. If he has failed then all of us have failed.
“We have other components that form the government, so if they fail then all of us fail. It is through the budget that we will look at how robust the economy will be in the next fiscal year,” he said.
The members of the National Assembly are divided over the alleged withdrawal of the N6.08 trillion 2016 budget by Buhari who on Tuesday, December 22 2015, presented a budget estimate of N6.08 trillion to a joint session of the National Assembly.
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