₦airaland Forum

The All Progressives Congress (APC) has berated former Vice-President Atiku Abubakar over his comment about the one year in office of President Bola Tinubu.

In a statement on Tuesday, Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, said the nation’s economy has worsened under Tinubu.

The former vice-president said, despite high hopes when Tinubu took over as Nigerian president last May, the country is worse off.

Abubakar said Tinubu has “embarked on a cocktail of policies” with no concrete plans to achieve the remodelling of the economy he promised.

However, in a statement, Felix Morka, APC spokesperson, said the former vice-president’s comment belittling Tinubu’s policies shows “primordial political envy and crass desperation for power”.

Morka said Atiku is “willfully blind to the pace of progress” of the country under Tinubu’s administration.

The APC spokesperson said Tinubu’s administration has “attracted over $20 billion into the economy” in the last one year.

"Atiku’s self-serving efforts to minimise the bold, genuine and metamorphic policies and interventions of the present administration only smack of primordial political envy and crass desperation for the power that Nigerians have so wisely denied him,” the statement reads.

“The former Vice President lives in an alternate reality of prejudice and unpatriotic desire for Nigeria’s failure so he may scavenge his way to an even more elusive presidency.

“Quite contrary to Atiku’s claim, President Bola Tinubu’s administration has, in its first year in office, attracted over $20 billion into the economy while the stock exchange has ballooned from N18.12 billion in Q1 of 2023 to N93.37 billion in Q1 of 2024, representing an increase of over 400 percent with an annual economic growth rate leaping from 2.5 percent to 3.46 percent.

“Key sectors of manufacturing, telecommunications, oil and gas, solid minerals, e-commerce, and fintech have continued to attract increased and ceaseless flow of foreign direct investments (FDIs). Yet, Atiku remains willfully blind to the pace of progress that is so self-evident.

"President Tinubu set an audacious target of building a $1 trillion economy in the next few years and has put together a bevy of experts and professionals, and introduced far-reaching policies and programmes to drive the actualization of this desirable economic target.

“The President needs the support and encouragement of Nigerians, not the bile-filled pessimism of partisan Atikus.

“Atiku’s false alarm of an imminent food scarcity boldface ignores the widely acknowledged proactive measures already introduced by President Tinubu to guarantee food security in the country.

“In December 2023, the federal government set a target for the cultivation of 500,000 hectares of land across the federation.

“Cultivation of rice, maize, wheat and cassava on over 246,231 hectares of land in 30 states of the federation is in progress in addition to approving massive grants and other incentives to farmers.”

Mynd44 Nlfpmod

BeeBeeOoh:
As a matter of fact, Tinubu's achievements were so big that eyes could not see them

Nonsense and ingredients

EmeeNaka:
Tinubu has made achievements based on his own parameters. He said he will reduce Nigerians purchasing power and widen the tax net. Has he not done it?

igbarasdynasty:
Indeed, all Tinubu’s achievements in the past one year require special lenses to see them.

kunle4toyeyaho:
Even ,the rise of external reserve from $3.7b to about $34b within 10months and completion of various projects of immediate past government require special lenses?

Philipponzaghi:
Obedients criticizing Tinubu and praising Atiku, who has no concrete plans for economy, are delusionists following Labour Party and Peter Obi, but APC will continue to succeed and attract foreign investments!

helinues:


Hahaha, Bambiala things

slimfit1:
This idiot kept quiet while that Buhari turn the country upside down. Now he wants to come and talk.

kunle4toyeyaho:
Even ,the rise of external reserve from $3.7b to about $34b within 10months and completion of various projects of immediate past government require special lenses?

Treadway:
lies as usual

The reserves were always around 30b

The reference to the 3bn made by JP Morgan is net reserve, ie they were telling you that despite the 30b+, your net reserve assuming they remove debt obligations was around 3b, and still is around 3b

kunle4toyeyaho:
...and what was/is the cause of the $3billion ? Tinubu has performed above average considering the difficult condition he met on ground

kunle4toyeyaho:
...and what was/is the cause of the $3billion ? Tinubu has performed above average considering the difficult condition he met on ground

Brendaniel:
And what did Tinubu do, he also kept quiet and supported Buhari twice into office, and you are blaming another person for keeping quiet who never supported Buhari into office, yet you are praising Tinubu for his actions...

Sometimes I ask myself if you guys are really normal?

olisaEze:
Pls show us just one evidence of Tinubu disagreeing with any economic policies of the past administration! The conditions he met on ground were all conditions he & all his supporters applauded and even vowed to continue, abi is it not the same APC that has ruled for 9yrs again?? Abeg gas is too expensive for u to wake up and start gaslighting yasef early in the day.