National Chairman of the All Progressives Congress, APC, Chief John Odigie-Oyegun, in a statement issued Thursday in Abuja, said the Peoples Democratic Party (PDP), lacks the moral basis to comment on Nigeria’s present economic ordeal after its “messy” 16-year rule. The PDP has issued a rebuttal
See Also: Economic Crisis: PDP’ll No Longer Have A Field Day Blaming Buhari Again – Odigie-Oyegun
1. We read the statement by Chief John Oyegun, chairman of All Progressives Congress, APC to the effect that PDP has no right to speak about Nigerian President’s economic failures and felt compelled to respond for record purposes.
2. First off, Section S39 CFRN guarantees all Nigerians the right to freedom of expression. Chief Oyegun & his party would do well to stop its many attempts at violating this right.
3. Secondly, we will not follow Chief Oyegun’s path by responding with an invective rejoinder. We will let the facts speak for themselves.
4. For the avoidance of doubt, these are some of the economic indices inherited by the President M. Buhari’s 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 @MBuhari admin. It stands at 16.5% now pic.twitter.com/GonKdPNVfo
— PDP Nigeria (@PdpNigeria) August 19, 2016
-A GDP at an average growth of 8% p/a in the last 10 yrs. #NGR is experiencing its first -tive GDP growth since 1999 pic.twitter.com/3ZdaMToThu
— PDP Nigeria (@PdpNigeria) August 19, 2016
– The largest economy in African valued at over $500b.
– An economy that was reducing the employment rate. pic.twitter.com/9RS2tFTDpq
— PDP Nigeria (@PdpNigeria) August 19, 2016
– An economy that had successfully increased per capita income from $299.4 in 1999 to $2640 in 2015 – 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 #NGR Stock market has lost more than N1t of its value since the inception of the @MBuhari admin. – An economy that had reduced its food import bill from well over N1t to N684.7 billion as at December 2013 & 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. pic.twitter.com/PeIgQk66Bj
— PDP Nigeria (@PdpNigeria) August 19, 2016
– A successfully unbundled power sector with a suitable environment for investment.
— PDP Nigeria (@PdpNigeria) August 19, 2016
– An economy that had successfully reduced its personnel cost over the last 5 years. pic.twitter.com/0XS1UgciD3
— PDP Nigeria (@PdpNigeria) August 19, 2016
5. In the past year, the APC led FG has detained & publicly accused Col. Sambo Dasuki and members of our party for corruption. We find it surprising that the FG is asking for secret trials for the accused persons. We urge the FG to try them openly & in accordance respect for the rule of law.
6. 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 & its various JV partners. What accrues to Nigeria is then shared between the FG, States, and LGAs subject to the deduction of operational expenses.
It is either a rookie mistake or deliberate misrepresentation to state that the Jonathan administration could not account for money as it is under no obligation to account for .
7. Having said that, we urge the President Buhari administration to audit NNPC if he feels the need to & to prosecute anyone found guilty of misappropriation of public funds according to the law.
8. There are NO economic indices anywhere in the world by which the President Buhari administration can be rated better than ours’. His performance as President thus far has been shambolic and on a daily basis, he reverses the gains we made.
9. Chief Oyegun should be reminded that we handed over a significantly better Nigeria to President Buhari than we received from the military. Chief Oyegun should also be reminded that President Buhari played a significant role in the state of Nigeria handed over to us – first as Head of State between 1983 and 1985, then as a member of the government of the Late General Sani Abacha.
10. Chief Oyegun would be better served to advise President Buhari on how to reverse the recession his policies have brought on the nation or how to resolve the humanitarian crises in the North East; or how to reverse the polio outbreak recently discovered in Nigeria.after our policies had seen an eradication of polio from more than half of the world’s polio cases in 2009 to 6 in 2014 and in 2015
… #NoPolio pic.twitter.com/jgfCuoreDC
— PDP Nigeria (@PdpNigeria) August 19, 2016
11. We would like to give Chief Oyegun the compliments of our warmest regards.