* APC has brought a sudden decline in the GDP, losses and hardship to the citizens
By Henry Umoru
ABUJA- NATIONAL leadership of the Peoples Democratic Party, PDP Saturday took a swipe at the government of President Muhammadu Buhari and the All Progressives Congress, APC, saying that the nation’s economy worse in ninety days.
According to PDP, Nigerians were scammed with empty promises since the President was inaugurated in May 29.
In a statement Saturday by PDP National Publicity Secretary, Chief Olisa Metuh, the PDP stressed that  instead of gains, official reports show that the last three months under the APC-led government have brought a sudden decline in the nation’s Gross Domestic Product (GDP), with attendant losses and hardship to the citizens, while the government embarks on propaganda of imaginary achievements, in addition to attempts to foist harsh economic regime to cover its ineptitude.
Metuh said, “the  shambolic state of the nation’s economy within the period, which represents the worst in the nation’s contemporary history, is a direct fallout of uncertainty created by the inability of the Buhari-led government to chart a clear-cut economic policy, worsened by abuse of regulations, and flagrant violation of constitutional provisions.
“If not for crass incompetence or a possible ulterior motive to subjugate Nigerians for selfish reasons, what else explains the adamant stance of this administration in running a government without the statutory components of a full cabinet and precise fiscal policy direction, even when the negative consequences of this strange totalitarian approach are taking serious toll on the economy and the polity in general?
“Whereas the APC led government is busy with its propaganda of imaginary achievements, official reports from the National Bureau of Statistics show that that the economy is being grounded with Nigeria’s real Gross Domestic Product (GDP) plunging with about 2.35%, while job creation has dropped by 69 percent.
“In the last three months under an inept and poorly coordinated APC-led government, our nation’s economy, which before now, held the record as the largest in Africa and one of the fastest growing in the world, suddenly plummeted as officially evidenced in the lull in the capital and money market sectors which have lost billions of naira; spiral rate of inflation, and stagnation in domestic and foreign direct investments, with investors scared away due to the uncertainty arising from lack of economic direction and apparent confusion in the polity.
“This is in addition to the halt in infrastructure development projects in most parts of the country with associated massive job loss, closure of auxiliary small scale businesses, low purchasing power of citizens, among other negatives that have bedeviled the economy since the coming of this government, despite the much APC celebrated promissory notes from the President’s diplomatic shuttles, especially his recent visit to the United States.
“Nigerians would recall that we recently raised alarm on the negative consequences of the recent foreign exchange transaction restrictions, wherein this government is making it impossible for honest Nigerians to engage in free trade and regulate their personal activities as guaranteed by the constitution.
Vanguardngr

Simply because 90 days is too short to right the wrongs of 16years.

Are the pdp playing distraction here? Or they have their facts?if not they should allow apc to work and focuse on 2019genaral election

APC is a scam, bastards

Ranting Ranters

.let's hear word..

Which economy are these m**** talking abt?

Same people who felts 5years wasn't enough for GEJ to solve the myriads of problems bedevilling Nigeria are now the ones asking PMB to fix Nigeria in 90days. With what na? No quick fixes lasts especially in Nigeria, we need well-thought and impeccable blue-prints to provide long-lasting solutions.

Wailers! Its an After effect of your 6years

Their supporters are suffering and smiling in fela's voice. No clear policy on ground though they will tell you that 90days are too small to even formulate a clear policy. Too much excuses is clear sign of failure.

make PDP shut up...If they had governed us well in 16yrs the task for PMB wldnt be an up task one.

Wat are they smoking in d PDP?