Skip to main content

Steve Hanke’s report validates our position about Nigeria under Buhari - PDP

- The recent global survey that Nigeria ranks the sixth most miserable country in the world has become a recipe for discussion for the Peoples Democratic Party (PDP)

- The report, published by an economist from John Hopkins University in Baltimore, United state, Steve Hanke, has been used by the PDP to back up its claim about the current administration

- According to the PDP, Steve Hanke's report shows that Nigeria is sinking economically under the All Progressive Congress (APC)-led regime

The Peoples Democratic Party (PDP) has reacted to the report by an economist from John Hopkins University in Baltimore, United state, Steve Hanke, which reveals that Nigeria is the 6th most miserable nation in the world.

In a statement by its spokesman, Kola Ologbondiyan, the PDP said that the global survey vindicates its position that the nation's economy is in shambles under the current administration, Vanguard reports.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

Ologbondiyan said: “That report is a vindication of the position of the Peoples Democratic Party, all this while. The economy has virtually collapsed under President Buhari and the man is even mooting the idea of piling more pressure on Nigerians.

“Nigerians have never suffered like they are suffering today because those charged with the responsibility of managing the economy have failed completely. They have no idea of what it takes to manage an economy like ours.

“As an opposition party, we call on the Presidency to take urgent steps to fine-tune the economy, create jobs for our teeming youths if only to justify that a government is in place.

“In the interim, we advise them to stop their plan to increase VAT as that will only fetch millions of Nigerians additional pain and discomfort..”

The PDP's spokesman alleged that instead of salvaging Nigerians from poverty “the APC-led administration of President Buhari appears to be deriving pleasure from inflicting pains and misery.”

PAY ATTENTION: Get the Latest Nigerian News Anywhere 24/7. Spend less on the Internet!

“Nigerians can now see that indeed, the PDP don’t just do criticisms for the fun of it. We are talking of a report that searchlighted economies of countries in different continents of the world.

"Our beloved country is in shambles but there is no doubt we will reclaim it for the people at the appointed time."

Earlier, Legit.ng reported that Hanke's report shows Nigeria ranks the sixth among miserable countries in the world. Hanke's survey reveals that Venezuela tops the list of miserable countries in the world.

He said: “Venezuela holds the inglorious title of the most miserable country in the world in 2018, as it did in 2017, 2016, and 2015.”

NAIJ.com (naija.ng) -> Legit.ng: Same great journalism, upgraded for better service!

Nigerians set 2nd term agenda for President Buhari | Legit TV

Source: Legit.ng



from Nigeria News today & Breaking Naija news ▷ Read on Legit.ng 24/7 https://ift.tt/2uDJ1Jv
via EDUPEDIA24/7

Comments

Post a Comment

Popular posts from this blog

Dust haze weather to prevail on Thursday, December 27

- The Nigerian Meteorological agency (NiMet) predicts thick dust haze weather conditions over most parts of the country - NiMet predicts northern states would experience dust haze - The agency also predicts early morning mist/fog is expected over the coastal cities The Nigerian Meteorological Agency (NiMet) has predicted thick dust haze weather conditions with reduced visibility over most parts of the country on Thursday, December 27. NiMet’s Weather Outlook on Wednesday, December 26, in Abuja, revealed that the central region of the country would record dust haze condition with visibility range of two to five kilometres throughout the day. It added that day and night temperatures of 27 degrees Celsius to 34 degrees Celsius and 10 degrees Celsius to 20 degrees Celsius, respectively, would prevail over the region. READ ALSO: Police reportedly arrest Badeh’s alleged killers The agency predicted that the northern states would experience dust haze with visibility range of two to fi...
Post a Comment
Read more

N2.5bn Fraud: You Have Case To Answer, Appeal Court Tells Suspended NBC Boss, Kawu

The Director General of the National Broadcasting Commission, NBC, Ishaq Kawu. The Court of Appeal, sitting in Abuja, has dismissed an appeal filed by the suspended Director-General of the National Broadcasting Commission, Dr Moddibbo Kawu, challenging the decision of the Federal High Court, to dismiss the no-case submission he filed at the lower court. The Independent Corrupt Practices and Other Related Offences Commission had charged Kawu, Lucky Omoluwa (late Chairman of Pinnacle Communications Ltd) and Dipo Onifade, Chief Operating Officer of the same company, before Justice Folashade Ogunbanjo-Giwa, on a 12-count charge of money laundering. Is'haq Modibbo Kaw THISDAYLIVE The suspended NBC boss and his co-accused then approached the appellate court to reverse the judgment of the Federal High Court. The appellate dismissed the no-case submission filed by Kawu and his co-accused and held that they had an explanation to give when he elected to facilitate the payment of ...
Post a Comment
Read more

Buhari’s Legacy Of Recessions By Fredrick Nwabufo

Fredrick Nwabufo ‘Why always Buhari?’ As it was in 1984 under General Buhari, so it is in 2016 and 2020 under President Buhari? Is it by the unfortunate hands of kismet that recession hits Nigeria every time Buhari takes charge of the country’s affairs? If the recession of the 80s under Buhari was a conspiracy by economic and political factors, to what do we attribute that of his first coming as a civilian President — and now in his second coming? Why does pestilence scourge the land, hunger ravage the population and lives lost malevolently when Buhari presides over the country? Why always Buhari? Buhari’s undoing is his wonted predilection for hierarchising ethnicity, religion and loyalty above competence. Since 1999, no President has obtrusively shown a more nepotistic aspect than Buhari. It is unarguable that the President arrays the most competence-challenged cabinet ever in the chronicle of governance in Nigeria. Yes, a recession cabinet. Fredrick Nwabufo Here is a cabin...
Post a Comment
Read more