The
Peoples Democratic Party (PDP), on Friday refuted the claim by the
National Chairman of the All Progressives Congress (APC), Chief John
Oyegun, that it was responsible for the current economic challenges
Nigerians are facing under the leadership of President Muhammadu Buhari.
Recall that the chairman of the ruling APC had on Thursday said the
Nigeria is currently in intensive care unit after it was rescued from
PDP.
The PDP reacting to the statement through its Director of New Media,
Deji Adeyanju, said the PDP handed over to Buhari, a Nigeria
significantly better than the one presided over today by him.
“We read the statement by Chief John Oyegun, Chairman of the All
Progressives Congress (APC), to the effect that PDP has no right to
speak about Buhari’s economic failures and felt compelled to respond for
record purposes. First off, Section S39 CFRN guarantees all Nigerians
the right to freedom of expression. Chief Oyegun and his party would do
well to stop its many attempts at violating this right,” the party said.
“Secondly, we will not follow Chief Oyegun’s path by responding with
an invective rejoinder. We will let the facts speak for themselves. For
the avoidance of doubt these are some of the economic indices inherited
by the Buhari administration.
“No 1 destination for Foreign Investment in Africa with $395m in
investments in Q1 2015 alone. Single digit inflation. It was 9.6% at the
inception of the Buhari admin. It stands at 16.5% now; a GDP at an
average growth of 8% p/a in the last 10 yrs. Nigeria is experiencing its
first -five GDP growth since 1999.
“A telecoms sector that has received more than $32b in investment
since 2001.The largest economy in African valued at over $500b. – An
economy that was reducing the employment rate”.
“An economy that had successfully increased per capita income from
$299.4 in 1999 to $2640 in 2015. A stock market valued at N11.66t. The
Nigeria Stock market has lost more than N1t of its value since the
inception of the Buhari administration.
“An economy that had reduced its food import bill from well over N1t
to N684.7 billion as at December 2013 and was on target to meet its
target of producing 20million MT of food annually.
“An economy that was diversifying by exponentially increasing non-oil
revenue for the federation. A successfully unbundled power sector with a
suitable environment for investment. An economy that had successfully
reduced its personnel cost over the last five years.
“Several tools for combating corruption such as IPPIS, TSA, GIFMIS,
EFCC and ICPC. In the past year, the APC led FG has detained and
publicly accused Col. Sambo Dasuki and members of our party for
corruption.
The party further said: “We feel compelled to remind Chief Oyegun
that not all monies generated from crude oil sales accrue to the FG.
Monies from crude sales accrue to Nigeria and its various JV partners.
“It is either a rookie mistake, or deliberate misrepresentation to
state that the Jonathan administration could not account for money it is
under no obligation to account for.
“Having said that, we urge the Buhari admin to audit NNPC if he feels
the need to and to prosecute anyone found guilty of misappropriation of
public funds according to the law.”
The statement said there were no economic indices anywhere in the
world by which the Buhari administration can be rated better than any
previous PDP administration.
Saturday, 20 August 2016
PDP Replies Oyegun, Lists Jonathan’s Achievement Before Handing Over to Buhari
07:20
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