State governors elected on the platform of the Peoples Democratic Party on Monday said Nigeria under the leadership of President Bola Tinubu’s All Progressives Congress-led Federal Government was almost on the path to becoming like Venezuela.

Venezuela is currently facing challenges such as political corruption, persistent scarcities of food and medicine, shutdowns of businesses, high unemployment rates, decreased productivity, violations of human rights, severe economic mismanagement, and heavy reliance on oil, all of which have exacerbated the crisis.

There has been a notable increase in abduction cases and various other crimes in Abuja and other regions of Nigeria recently.

Additionally, prices of foodstuffs have been rising, making it challenging for the majority of Nigerians to afford.

To address the economic and security challenges, the PDP governors renewed their call for state police and urged the Federal Government to tackle the declining value of the naira.

The governors, who made the call after their meeting at the Oyo State Governor’s Lodge in Asokoro, Abuja, on Monday, said they were committed to revamping and repositioning the PDP to serve as an effective opposition to the ruling party in Nigeria.

The Chairman of the Forum and Bauchi State Governor, Bala Mohammed, who described the party as the most democratic party, said, “What we are doing is providing constructive criticism of the Federal Government’s objectionable policies.

State governors elected on the platform of the Peoples Democratic Party on Monday said Nigeria under the leadership of President Bola Tinubu’s All Progressives Congress-led Federal Government was almost on the path to becoming like Venezuela.

Venezuela is currently facing challenges such as political corruption, persistent scarcities of food and medicine, shutdowns of businesses, high unemployment rates, decreased productivity, violations of human rights, severe economic mismanagement, and heavy reliance on oil, all of which have exacerbated the crisis.

There has been a notable increase in abduction cases and various other crimes in Abuja and other regions of Nigeria recently.

Additionally, prices of foodstuffs have been rising, making it challenging for the majority of Nigerians to afford.


To address the economic and security challenges, the PDP governors renewed their call for state police and urged the Federal Government to tackle the declining value of the naira.

The governors, who made the call after their meeting at the Oyo State Governor’s Lodge in Asokoro, Abuja, on Monday, said they were committed to revamping and repositioning the PDP to serve as an effective opposition to the ruling party in Nigeria.

The Chairman of the Forum and Bauchi State Governor, Bala Mohammed, who described the party as the most democratic party, said, “What we are doing is providing constructive criticism of the Federal Government’s objectionable policies.


“But at the beginning of this administration, we supported the removal of subsidy. We believed that there were safeguards in place and that if we made collective decisions, we should abide by them. However, we have now witnessed a free fall of the naira.

“The cost of living is skyrocketing, and we are almost on the road to becoming like Venezuela. So, we are offering concrete opposition without insulting anybody. Ultimately, the decision rests squarely with Nigerians and other organs in the country to ensure that we take actions that will bring relief to all of us.”

Mohammed disclosed that the PDP governors will work closely with the APC-led Federal Government in a manner that will provide some relief to people at the grassroots level.

“The rising cost of living is not solely the responsibility of the Federal Government. We have been collaborating with them to ensure that we avoid any distractions, but the monetary and economic policies are squarely the responsibility of the Federal Government,” he noted.

Governors in attendance were Vice-Chairman, PDP Governors Forum, Siminalayi Fubara (Rivers State); host, Seyi Makinde (Oyo State); Ahmadu Umaru Fintiri (Adamawa State); Caleb Mutfwang (Plateau State); Dauda Lawal (Zamfara State); Kefas Agbu (Taraba State); Godwin Obaseki (Edo State); Deputy Governor of Enugu State; and Deputy Governor of Delta State, Monday John Onyeme – Delta State.
https://punchng.com/cost-of-living-nigeria-almost-becoming-venezuela-say-pdp-govs/?amp

Pdpof all pe

PDP should STFU!

They are in no fvckin position to talk!

Venezuela will be a child's play when Ebola Tinubu is done with Nigeria.

The evil party call APC is a big curse to humanity.

I have always wondered why Nigerians have resolved to not use this situation to bring proferr solutions to this food crisis

The three biggest factors militating against this so called food crisis are security, high cost of logistics to evacuate the food produced and infrastructure
Apart from the challenge of security which the governors have limited control over,why aren't they setting up logistics company and providing the infrastructure to help the struggling farmers

All we are hearing is Venezuela,can't this people start buying tractors and modernising agriculture across their states
A state like Ogun state can feed the whole of the South West,the Religious organizations in that state alone have close to 10,000 Hectares for religious activities and the state can't point to a single farm owned by the state

Abeg let them stop all this Venezuela talk and put on their thinking caps,as for security didn't I just read that Edo State(PDP state) just recruited 1500 Vigilante to help protect the state
A word is enough for the wise

Ebi na apiawa azu thinzs.

It might turn out like Soviet Union's economic meltdown in 1989/1990. The battered economy was one of the reasons that led to the collapse of the communist party and Soviet Union.

As Naira becomes more worthless each passing day, Nigerians might need 2000 and 5000 Naira notes. 10000 Naira note is also plausible, if greedy elite politicians continue their culture of looting the country's treasury, which they in turn use to mop up Nigeria's foreign exchange.

Spoke the truth for political reasons obviously. I hope emilokan listens.

Tinubu knows and he's working hard to solve the mess

It's sad really

Meanwhile, the Thief of Staff to the President thinks the problem of Nigeria is Social Media
.

At least under PDP Nigerians have more than enough food to throw away.

APC must go!

Kenochi:
I have always wondered why Nigerians have resolved to not use this situation to bring proferr solutions to this food crisis

The three biggest factors militating against this so called food crisis are security, high cost of logistics to evacuate the food produced and infrastructure
Apart from the challenge of security which the governors have limited control over,why aren't they setting up logistics company and providing the infrastructure to help the struggling farmers

All we are hearing is Venezuela,can't this people start buying tractors and modernising agriculture across their states
A state like Ogun state can feed the whole of the South West,the Religious organizations in that state alone have close to 10,000 Hectares for religious activities and the state can't point to a single farm owned by the state

Abeg let them stop all this Venezuela talk and put on their thinking caps,as for security didn't I just read that Edo State(PDP state) just recruited 1500 Vigilante to help protect the state
A word is enough for the wise

what they are saying which you don't understand is that the cause of the problem is a policy issue just like Venezuela the consequences might be grave, all the things you highlighted where there before Tinubu took over power, what changed and aggravated the decision Tinubu took, it was not well thought out,the problem will persist if he continues to sticks to them .