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Shut up! OBJ, Yar’Adua, Jonathan caused recession, APC replies PDP

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Shut up! OBJ, Yar’Adua, Jonathan caused recession, APC replies PDP

The All Progressives Congress (APC), has hit back on Peoples Democratic Party (PDP), accusing its past presidents as the cause of the present economic recession in Nigeria.

According to APC, ex-presidents Olusegun Obasanjo, late Umar Musa Yar’Adua and Goodluck Jonathan’s 16 years misrule, lurched Nigeria into the present economic problem.

PDP had in a statement On Wednesday, shortly after National Bureau of Statistics (NBS) declared Nigeria’s economy was in a recession, said that Nigeria slipped into economic recession due to President Muhammadu Buhari’s incompetence and asked him to tender his resignation letter.

But APC, replying PDP in a statement signed by its national scribe, Mai Mala Buni, said that PDP statement was the latest of its insensitive plot to deflect attention from the voodoo economics and reckless fiscal policies the country was subjected to during its 16-year misrule.

APC statement read in part, “The warning signs were glaring to the immediate-past administration but it choose the path of economic sabotage by looking the other way and squandering the country’s commonwealth – a reckless decision that has brought the country to its knees.

“For the umpteenth time, the PDP lacks the moral basis and credibility to comment or condemn the government on the economy after the mess it left behind. Instead, the PDP must apologise to Nigerians.

“Nigerians will recall that even the immediate-past finance minister and coordinating minister of the economy, confessed that the zero political will to save under the immediate-past administration is responsible for the challenges facing the country”.

Read also: Resign, you’ve destroyed Nigeria with archaic economic policies, PDP tells Buhari

The party then assured Nigerians that the President Muhammadu Buhari-led APC administration is committed to resuscitating the economy in the quickest possible time and in the best interest of the people.

“Happily, the President Muhammadu Buhari administration has embarked on well- thought economic agendas, policy actions, appropriate fiscal, governance, and socio-political reforms to revamp the economy and tackle the nation’s current challenges in the short to long term.

“The administration is also proactively tackling increased attacks on oil facilities in the Niger Delta region which has led to disruptions in crude production,” APC said.

By Ebere Ndukwu …

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  1. Okechukwu Aribeana

    September 2, 2016 at 6:27 am

    GDP was 7%, only a year and have ago. Today, it’s minus 2%. You guys are talking to people who do not know what a calamity this APC government has become?

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