The presidential flag bearer of the main opposition, Peoples Democratic Party (PDP), Atiku Abubakar, on Friday maintained that his latest endorsement by The Economist Magazine, “puts to lies the recent ridiculous claims” made by Alhaji Lai Mohammed, that the international media is askance of his candidature.

According to a statement which emanated from his campaign office in Abuja, this latest endorsement by the international media, which is the second in two months, is because of the detailed policies he plans to implement if elected.

The statement added: “This is the second endorsement in as many months by the world’s number one economic and policy magazine.

An endorsement based on the clarity of vision and the detailed policies of the PDP’s candidate when compared to the vague and empty promises of the incumbent All Progressive Congress administration of President Muhammadu Buhari.

“As the Economist rightly states, the issues in 2019 are “popular frustration over the rise in joblessness and poverty (two of the biggest voter concerns) on Mr Buhari’s watch, as well as growing insecurity in central Nigeria.”

ALSO READ: PDP blasts APC over fabrications against Atiku, Obi

“No other candidate has the capacity to address these challenges, like Alhaji Atiku Abubakar, under whose watch as Chairman of the National Council on Privatisation, Nigeria had her highest growth in job numbers.

“Indeed, His Excellency, Atiku Abubakar, is poised to translate the significant success he has made in his private business empire to the public sector. This anticipation is responsible for the momentum he now enjoys in all the six geopolitical zones of Nigeria.

“For the past one year, Mr Abubakar has traversed the length and breadth of Nigeria, selling his plans, vision and policies to Nigerians. Unfortunately, rather than do the same, the All Progressive Congress has focused on negative campaigning by slandering Mr Abubakar’s past.

“We are not surprised by their actions. When a man’s future intimidates people, they focus on lying about his past because they cannot compete in the present. However, we thank The Economist for proving that no matter how far and fast falsehood has travelled, it must eventually be overtaken by the truth.

“For now, we remind Nigerians that Atiku means JOBS. And by providing the atmosphere for Jobs, Opportunity, Being United (JOBS), Atiku Abubakar is ready to Get Nigeria Working Again.”

“It seems that in all these years, Atiku Abubakar, unlike many other politicians, has faithfully kept his operations room active and working, consistently seeing the mood of the nation, and addressing it through critical and strategic media engagements.”

Odidi said Atiku has continued to raise awareness about the challenges that confront Nigerians, “and proffering solutions at the same time”.He added: “As we stand today, no other politician looks as prepared as Atiku Abubakar is.

omokab:
I dont know how an economist will adopt you as the prefer candidate when your hands are not clean. Youruba use to say ' omo ole tondajo ohun na ni yo ko" that is a thief that is making a group money contribution , he is the one that will still steal the money. How can a looter be good in economy ? An economy that is full of stealing and looting can never grow. The worst you can do is to steal 95 percent and realease the remaining to the public believeing that economy is growing but with time that economy will crash and lead us back to recess and high inflation.

Racoon:


https://www.tribuneonlineng.com/170823/

grandstar:


An economy that is full of looting and steali ng will not grow? Who told you that? I am sure it is not a world class economist but head knowledge

Truth is an economy can grow very fast despite high levels of corruption. A recent case in point is China which had average growth rates of 9% despite high levels of corruption.

Pat Utomi once said the nation should allow the political class steal all oil earned revenue but put in place good economic policies and the economy can still flourish

What the country badly needs now are pro-market forces many which Atiku is bound to implement

He has already spoken about ending the multiple exchange rates which Buhari introduced which simply shouts at foreign investors that someone with a lamentable understanding is in power

Atiku may be corrupt but he is passionate about the country and governing it well. It can be seen from his body langauge

Atiku may be 1 + 1 = 2 and 1 disappears

Buhari is 1 + 1 = 4 but insist he knows maths

You can still plan with Atiku's 1 + 1 = 2 but 1 + 1 = 5 makes no sense and you can't plan with it

That's why the economy is so bad

omokab:
so what you are saying is that china is growing despite the high level of corruption abi? Sorry you are lying . Am not abusing but just to say the fact. China have a good policy of killing loooters you can ask for the fact. China have the highest foreign reserve in the whole world far more better than america. If all those money have been looted do think their economy will grow. The answer is capital NO. You as welll said pat utomi. Gave an analysis that if the money is looted and use for to establis a company , the country will be progressing. Pat is a thief then and a bad economist. So he was saying the national treasry should be looted and individual stealling the money should be using our money to employ us and become our boss with his family. Hes not serious. If all the money in fedration account together with the foriegn resrve were looted how do you want infrstructures to grow along with economy? Is it possible for a looter to use the billions he stole to contruct roads across the country? How do you want us to trade in international market? Because the money that should competing in internal market has been stolen. How do you want salary of work force to be paid just like borrowing in 2014 to pay workers by federal government?who will finance agriculture?etc
My friend economy that is not protected from the handsof looters ccan never grow.

Realdealguy:
I just hope you do well as a president

quid:

Roger3d will accuse The Economist of being IPOB magazine.


Cc lzaa eternaltruths jumpandpas velocity25

Roger3D:
Why do you follow NK up and down?

nijabazaar:
The Economist is so powerful these days....

The other day, Trump nearly had a cardiac arrest because of them.

Bolustical:

Sebi The Economist editorial group is on INEC's voters register, let them come and vote you in now.

You will only win in Twitter, Nairaland (likes and shares)and the SE.

omokab:
I dont know how an economist will adopt you as the prefer candidate when your hands are not clean. Youruba use to say ' omo ole tondajo ohun na ni yo ko" that is a thief that is making a group money contribution , he is the one that will still steal the money. How can a looter be good in economy ? An economy that is full of stealing and looting can never grow. The worst you can do is to steal 95 percent and realease the remaining to the public believeing that economy is growing but with time that economy will crash and lead us back to recess and high inflation.

grandstar:


What you are saying is incorrect

China may have a policy of killing looters but anyone that is a deep watcher of China will tell you it is usually those have fallen out with the powers that be in the Communist party that are executed for looting. China used to turn a blind eye to fraudulent officials in the past.

I am sure less than 0.1% of corrupt officials were executed. I will

Prior to the reign of the present premier there was lots of corruption in China and the economy was then growing at 10% annually. He is presently running an anti-corruption regime. Even now there are still seriousrec complaints of selective justice.

Simply read the article here and understand what I mean - https://www.usnews.com/opinion/blogs/world-report/2013/07/10/chinas-crazy-executions-dont-end-public-corruption That is fact for you.

The Democratic Republic of Congo is very corrupt and has been growing at 6% a year on average

The country has the most corrupt force in Africa followed by Nigeria and then Kenya. This shows you how corrupt a country is and that corruption itself is not enough to impede economic growth.

The foreign reserves does not belong to government and therefore can not be looted. Even extremely corrupt Abacha built the reserve from $500m to $8b within a 5 year period

Countries can still grow fast despite bad infrastructure

Taiwan is a good example. There is a joke in South East Asia that if you don't know how to get rid of a lazy employee, simply tell him he is transferred to Taipei and he will quit immediately, yet became a rich country

Italy despite relatively poor infrastructure still became a rich country due to the fact it joined the EEC which enabled it to open its market and gain massively be exporting to other member states

During the PDP years, despite high levels of corruption, the economy was growing at 7% annually

It was Buhari's bad economic policies that led to a recession

If government today could bring company tax rates down to 15%, bring lending rates down to 8%, the economy can grow by at least 8% annually for the next 10years with high levels of corruption

What you forget is that the private sector is very resilient and kind find ways to survive in the face of dreadful levels of corruption and bad infrastructure

The beauty of fast economic growth is that it will build the middle class which are the best ones to fight corruption to bring about substantial change in kleptomaniac tendencies in government officials

omokab:
our economy has entered recesss since 2014 but i can only tell you that buari slow in taking some quick decision open it to the people. Okonjo has already said we should be expecting it since 2014. I cant blame buari much on it as a new incoming presdent. Where he got it wrong is slow in appointing his cabinet. Also, almost all the country that over realied on oil went into economy resession due to lack of alternative to short fall in international oil price. I can still tell you that Nigeria is one of country that came out from this economy resess . Which means most of our used at that time worked out. Some of the counrties were still there looking for way out. Corruption in the whole world cant be totally killed but can be fight to a certainly levelincluding America. That is when you can be expecting good economy. Not really that stealling will not allow the economy to grow but at what rate. Is it in Nigeria that 90 percent of the looted fund are taking out of the economy to another country? What about of our dollars and other foreign currency ,where are they now. All the looted dollars were kept in an abadone houses. Take a look at this present primary election when politicians were sharing dollars, our frorign exchange improved a little better.
Now on the issue of tax policy. It doesnt work like by bringing down the company income tax to 18 percent as you said. I am an accountant and I also have my pgd in financial management. When pdp was there company income tax was 30 percent. And banking lending rate was 25 percent or even more some times. One of te policy to use when you are in economy resess is fiscal policy and the best you could do is to increase you tax and make sure that you have all avenue to collect adequate tax from wealthy people. This administation ha done a lot on that. Kuddos to fowler and his team o tat. Herreally helped this country on and it why we moved out economy ressess on time. Another area is to invest on insfrastructural development which govt has embark on it seriously. In the long run it will stabilize the economy. A nd a lot

grandstar:


An economy that is full of looting and steali ng will not grow? Who told you that? I am sure it is not a world class economist but head knowledge

Truth is an economy can grow very fast despite high levels of corruption. A recent case in point is China which had average growth rates of 9% despite high levels of corruption.

Pat Utomi once said the nation should allow the political class steal all oil earned revenue but put in place good economic policies and the economy can still flourish

What the country badly needs now are pro-market forces many which Atiku is bound to implement

He has already spoken about ending the multiple exchange rates which Buhari introduced which simply shouts at foreign investors that someone with a lamentable understanding of economics is in power

Atiku may be corrupt but he is passionate about the country and governing it well. It can be seen from his body langauge

Atiku may be 1 + 1 = 2 and 1 disappears

Buhari is 1 + 1 = 4 but insist he knows maths

You can still plan with Atiku's 1 + 1 = 2 but 1 + 1 = 5 makes no sense and you can't plan with it

That's why the economy is so bad

quid:

Roger3d will accuse The Economist of being IPOB magazine.


Cc lzaa eternaltruths jumpandpas velocity25