By Infactng
About one year to Nigeria’s general elections, the opposition People’s Democratic Party, PDP seems to have found it’s voice to perform it’s constitutional duties of holding the ruling party to account.
Governors of the PDP on Monday alleged that the ruling party, All Progressives Congress, APC has reduced the economy of Nigeria to nothing.
The Forum’s nine-point communique was read by its Chairman and the Governor of Sokoto State, Alhaji Aminu Waziri Tambuwal, at the end of its meeting hosted by Rivers State Governor, Nyesom Wike, at Government House in Port Harcourt, Rivers on Monday.
“The continued state of insecurity in the country, the persistent and ceaseless flow of Nigerians’ blood on a daily basis in many parts of Nigeria, the near-collapse of the security situation in Nigeria; the strategies to confront terrorists, kidnappers, bandits and other criminals is still a major problem of the APC administration,” it read in part.
It reads further “The Nigerian economy has continued to deteriorate and Nigerians have become numb and accustomed to bad economic news as exemplified by the inconsistent and differential exchange rate regime, high-interest rates, unsustainable unemployment figures and borrowing spree some of which have not been applied to important projects, and other bad economic indicators.
“In particular, it is clear that the APC Government is a massive failure when compared with the records of PDP in government. The PDP handed over a $550 billion economy (the largest in Africa), but under APC, Nigeria is the Poverty Capital of the world.
“In 2015, under PDP, the exchange rate was N198 per Dollar, it is now under APC almost N500 to a Dollar; In 2015, the unemployment rate was 7.3% under PDP, it is now 33%, one of the highest in the world under APC; In 2015, the pump price of petroleum product was N87 per litre, it is now N165 per litre and climbing under APC. Debt servicing now under APC takes over 98% of the federal budget. The tales of woe are endless,” it stated.
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The meeting was attended by Rt. Hon. Aminu Waziri Tambuwal, of Sokoto State; Gov Udom Emmanuel Udom of Akwa Ibom State; Sen. Douye Diri of Bayelsa State; Samuel Ortom of Benue State; Gov Ifeanyi Okowa of Delta State; and Gov Ifeanyi Ugwuanyi of Enugu State.
Others in attendance were Governor Oluseyi Abiodun Makinde of Oyo State; Gov Ahmadu Umaru Fintiri of Adamawa State; and Gov. Bala Mohammed of Bauchi State.
