Face the recession and stop crying like a baby, PDP tells APC
The Peoples Democratic Party has asked President Muhammadu Buhari and his party, the All Progressives Congress, to face the challenge of putting the economy in a good shape instead of ‘crying like a helpless baby.’
The main opposition party, which ruled the country from 1999 to 2016, said that the ruling party lacked vision to run the economy. It also the APC is incompetent in handing the economy and now that there is recession they should stop blaming the past president.
The spokesperson for the PDP National Caretaker Committee, Prince Dayo Adeyeye, said this in a statement he signed in Abuja on Sunday.
Adeyeye specifically mentioned Governor of Jigawa State, Abubakar Badaru, as one of those who according to him were of the opinion that the last PDP administration was responsible for the current economic recession.
‘It is really disappointing that a notable personality as highly-placed as a state governor could be drawn into making idle and pedestrian claims without the benefit of facts.
‘It is either he does not realise the obligation of speaking responsibly in that position or he is grossly ill-informed.
‘In which case, we could only try to put the facts before him, and hoping he would recognise them.
‘In the first place, this blame is misplaced because our elementary understanding of economics teaches us that the major cause of recession is inflation and poor handling of the economy given that the higher the rate of inflation, the more impoverished people become, industrial production and GDP decline resulting in massive job losses.
‘Perhaps, we should quote those who should know and tell Governor Badaru that wrong economic policies of the APC-led government caused the current stagnation and recession in the country,’ he said.
To buttress his point, Adeyeye referred the present government to a statement credited to the President of the Nigerian Employers Consultative Association, Mr. Larry Ettah.
He said, ‘Ettah did not mince words when he said a few days ago that, ‘It is quite evident that the lack of clarity about the economic agenda of the current government contributed to the current economic stagnation and recession.’
He therefore called on the Federal Government to stop the blame game and look inward towards resolving the recession by inviting economic experts irrespective of their political leaning to join hands with the administration at these trying times.
