Press Release

April 7, 2017.

Re: Buhari Launches Economic Recovery Plan…If This Is Pursued With The Same Commitment As The Fight Against Corruption, Then It’s Dead On Arrival – PDP

We welcome and appreciate the Launch of the Economic Recovery and Growth Plan by the All Progressive Congress (APC) led Federal Government on Wednesday, April 5, 2017 at the State House, Abuja.

2. The Launch of the Recovery and Growth Plan after almost two years into this Administration coupled with a year of economic recession has once again vindicated us and affirmed our earlier assertion that the All Progressive Congress (APC) led government came into office in May 2015 with no concrete economic blueprint and totally unprepared for governance.

3. It is on record that we alerted the Nation after the 2015 General Elections on the empty promises of the APC and cautioned the Party to concentrate on governance. The blackmail and blame-game by the APC was and still is a cover up for its obvious lack of plan. Instead, the APC ran our economy into recession after wasting two years witch-hunting PDP members and perceived enemies of government without paying attention to building on the robust achievements of the PDP. Nigerians can testify to the hardship, pains, starvation, hunger and agony inflicted on the people by the ineptitude of the APC administration.

4. The Recovery and Growth Plan is a proposal which requires implementation but we are worried because of the comments of President Muhammadu Buhari during the launch when he said "…I want to assure all Nigerians that we are approaching the solution to our economic challenges with the same will and commitment we have demonstrated in the fight against corruption, terrorism and militancy". It is therefore instructive to note that if the Economic Recovery Plan will follow the way of the anti-corruption war so far, then, the Plan Document is dead on arrival.

5. In view of the above, we want to remind Nigerians that the anti-corruption war of President Muhammadu Buhari’s APC led Government has failed based on the following:

i. The APC led Administration has secured only one conviction since it started the anti-corruption fight in the last two years;

ii. The EFCC is yet to open its case against Col. Sambo Dasuki after his arrest and detention about 2 years ago;

iii. No single case is before any court of competent jurisdiction in Nigeria against Alison Dieziani Maduekwe after all the allegation leveled against her by this administration;

iv. The Federal High Court in the last 72 hours has unfrozen the Account of the Former First Lady, Dame Patience Jonathan and dismissed the “No Case Submission” made by Chief Orubebe, Barr. Ozhekome and Justice Ademola and others which shows the cases were more for propaganda effect than substance.

v. Similarly, unwarranted freezing of accounts of other persons by the EFCC have also been reversed by competent Courts;

vi. Several Courts of competent jurisdiction have granted bails to a number of individuals being held by security agencies on corruption issues but the APC led government is yet to obey such Court Orders;

vii. While other Nigerians are suffering undue persecution by the APC led Administration, the following are yet to answer for various allegations leveled against them: The Chief of Staff to the President (CoS), Abba Kyari; the Secretary to the Government of the Federation (SGF), Babachir Lawal; the Acting Chairman of the Economic and Financial Crime Commission (EFCC), Mr. Ibrahim Magu; the Federal Government Committee on Northeast contract to ghost companies; alleged allegation against bribery by the Minister of Transport, Chibuike Amaechi and the Minister of Science and Technology, Chief Ogbonnaya Onuh; and many others.

6. We are equally worried on how the APC Government intends to really actualize this lofty Plan (if it’s not the usual lies to the people) given the low state of Nigerian economy where government is borrowing domestically and internationally to fund its operations. The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development.

7. In view of the above, Nigerians will agree with us that if the APC led Administration wants to pursue the implementation of this proposed Recovery and Growth Plan the same way as the anti-corruption war, the people should not expect much from the Plan; more so when the remaining two years of this Government is in preparation for the 2019 General Elections.

God bless the PDP! God bless Nigeria!!

Signed:

Prince Dayo Adeyeye
National Publicity Secretary, PDP-NCC

cc; Lalasticlala,mynd44

Source: http://www.trezzyhelm.com/2017/04/re-buhari-launches-economic-recovery.html?m=1

" The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development. "

Well articulated... Nice one Prince Adeyeye

The damage done by APC in this past 2 years and further damage that will be done in the next 2years can only be reverted by a tested hand. Another fellow will take more time, the 4years won't be enough for the person.

All we need to smile again and be a happy nation is Good luck Ebele Jonathan. I know some people av thought about it deep down. But maybe tribal, religious, party lines and geopolitical reasons will make u struggle with Ur conscience. Even wen u know Ur life will be better with him at the helm of situation. I don't av to tell u the pains and sufferings are going thru home and abroad. But think deep and ask urself. Does this man really av anything against me?

GEJ for 2019.

Yet the APC dullards won't understand this......simple

PDP is Great

Trust Nigerians.

HMMMM..... na wa oo

pls Mr president what plans are you putting in place to salvage the current economic situation of the country?

Pavarottii:
" The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development. "

Well articulated... Nice one Prince Adeyeye

The damage done by APC in this past 2 years and further damage that will be done in the next 2years can only be reverted by a tested hand. Another fellow will take more time, the 4years won't be enough for the person.

All we need to smile again and be a happy nation is Good luck Ebele Jonathan. I know some people av thought about it deep down. But maybe tribal, religious, party lines and geopolitical reasons will make u struggle with Ur conscience. Even wen u know Ur life will be better with him at the helm of situation. I don't av to tell u the pains and sufferings are going thru home and abroad. But think deep and ask urself. Does this man really av anything against me?


GEJ for 2019.

Are u not ashamed?? ..I know u obviously don't know anything in economics ...but who took those loans being serviced ?? Seriously there was nothing here apart from dasuki case ..intact go n sleep

Pavarottii:
" The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development. "

Well articulated... Nice one Prince Adeyeye

The damage done by APC in this past 2 years and further damage that will be done in the next 2years can only be reverted by a tested hand. Another fellow will take more time, the 4years won't be enough for the person.

All we need to smile again and be a happy nation is Good luck Ebele Jonathan. I know some people av thought about it deep down. But maybe tribal, religious, party lines and geopolitical reasons will make u struggle with Ur conscience. Even wen u know Ur life will be better with him at the helm of situation. I don't av to tell u the pains and sufferings are going thru home and abroad. But think deep and ask urself. Does this man really av anything against me?


GEJ for 2019.

Are u not ashamed?? ..I know u obviously don't know anything in economics ...but who took those loans being serviced ?? Seriously there was nothing here apart from dasuki case ..intact go n sleep

mrvitalis:

Are u not ashamed?? ..I know u obviously don't know anything in economics ...but who took those loans being serviced ?? Seriously there was nothing here apart from dasuki case ..intact go n sleep

Was thinking u will even say something more sensible.

Pavarottii:

Was thinking u will even say something more sensible.

Ur not Worth it ..if not I would dare u to a debate on economics on the cause of the recession... But that will be a massacre

The essence of oppositon - among other things - is to provide alternative ideas to governance. Ok, it's coming 2 years late, but is it not better late than never? So much written to criticize the plan but yet no suggestion on what would be a better plan.

On the issue of debt, one would note that 90% was inherited from previous administrations. I can understand the argument that the depreciating exchange rate has increased the amount needed to service the foreign component of the debt.

On the 'failed' anti- corruption war, it's a bit difficult to place the blame. Is it because the EFCC is not building a water-tight case or is because we still have a compromised judiciary? I can still remember how a Nigerian judge acquitted an accused of 177 count charges. The same accused person pleaded guilty to just 3 count charges in a foreign court

ok

Make we hear word joooor

mrvitalis:

Ur not Worth it ..if not I would dare u to a debate on economics on the cause of the recession... But that will be a massacre

Bring it on Nau. U scared to defend Ur recessionist?

Pavarottii:
" The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development. "

Well articulated... Nice one Prince Adeyeye

The damage done by APC in this past 2 years and further damage that will be done in the next 2years can only be reverted by a tested hand. Another fellow will take more time, the 4years won't be enough for the person.

All we need to smile again and be a happy nation is Good luck Ebele Jonathan. I know some people av thought about it deep down. But maybe tribal, religious, party lines and geopolitical reasons will make u struggle with Ur conscience. Even wen u know Ur life will be better with him at the helm of situation. I don't av to tell u the pains and sufferings are going thru home and abroad. But think deep and ask urself. Does this man really av anything against me?

GEJ for 2019.

So APC should turn Nigeria around in less than 2yrs after the 16-year wrecking done the country by PDP ba?
Yet you are not ashamed to say that it will take your PDP more than 4yrs to sort out 'damage' APC will do in 4yrs.

Just swallow your sour grapes, bitter wailer. No more free money no mater how much you guys protest.

Meanwhile which PDP faction make this yeye statement sef? I no blame una, na KOWA wey no fit provide better opposition I dey blame for this nonsense.

Pavarottii:

Bring it on Nau. U scared to defend Ur recessionist?

A country has a reserve that's less than 6 months demand ...forex earning has dropped by 60% ...give me with time fram what they country will do to escape recession..... I dare u

mrvitalis:

Are u not ashamed?? ..I know u obviously don't know anything in economics ...but who took those loans being serviced ?? Seriously there was nothing here apart from dasuki case ..intact go n sleep

AFONJA get out b4 I bite u

[s]

sar33:
Press Release

April 7, 2017.

Re: Buhari Launches Economic Recovery Plan…If This Is Pursued With The Same Commitment As The Fight Against Corruption, Then It’s Dead On Arrival – PDP

We welcome and appreciate the Launch of the Economic Recovery and Growth Plan by the All Progressive Congress (APC) led Federal Government on Wednesday, April 5, 2017 at the State House, Abuja.

2. The Launch of the Recovery and Growth Plan after almost two years into this Administration coupled with a year of economic recession has once again vindicated us and affirmed our earlier assertion that the All Progressive Congress (APC) led government came into office in May 2015 with no concrete economic blueprint and totally unprepared for governance.

3. It is on record that we alerted the Nation after the 2015 General Elections on the empty promises of the APC and cautioned the Party to concentrate on governance. The blackmail and blame-game by the APC was and still is a cover up for its obvious lack of plan. Instead, the APC ran our economy into recession after wasting two years witch-hunting PDP members and perceived enemies of government without paying attention to building on the robust achievements of the PDP. Nigerians can testify to the hardship, pains, starvation, hunger and agony inflicted on the people by the ineptitude of the APC administration.

4. The Recovery and Growth Plan is a proposal which requires implementation but we are worried because of the comments of President Muhammadu Buhari during the launch when he said "…I want to assure all Nigerians that we are approaching the solution to our economic challenges with the same will and commitment we have demonstrated in the fight against corruption, terrorism and militancy". It is therefore instructive to note that if the Economic Recovery Plan will follow the way of the anti-corruption war so far, then, the Plan Document is dead on arrival.

5. In view of the above, we want to remind Nigerians that the anti-corruption war of President Muhammadu Buhari’s APC led Government has failed based on the following:

i. The APC led Administration has secured only one conviction since it started the anti-corruption fight in the last two years;

ii. The EFCC is yet to open its case against Col. Sambo Dasuki after his arrest and detention about 2 years ago;

iii. No single case is before any court of competent jurisdiction in Nigeria against Alison Dieziani Maduekwe after all the allegation leveled against her by this administration;

iv. The Federal High Court in the last 72 hours has unfrozen the Account of the Former First Lady, Dame Patience Jonathan and dismissed the “No Case Submission” made by Chief Orubebe, Barr. Ozhekome and Justice Ademola and others which shows the cases were more for propaganda effect than substance.

v. Similarly, unwarranted freezing of accounts of other persons by the EFCC have also been reversed by competent Courts;

vi. Several Courts of competent jurisdiction have granted bails to a number of individuals being held by security agencies on corruption issues but the APC led government is yet to obey such Court Orders;

vii. While other Nigerians are suffering undue persecution by the APC led Administration, the following are yet to answer for various allegations leveled against them: The Chief of Staff to the President (CoS), Abba Kyari; the Secretary to the Government of the Federation (SGF), Babachir Lawal; the Acting Chairman of the Economic and Financial Crime Commission (EFCC), Mr. Ibrahim Magu; the Federal Government Committee on Northeast contract to ghost companies; alleged allegation against bribery by the Minister of Transport, Chibuike Amaechi and the Minister of Science and Technology, Chief Ogbonnaya Onuh; and many others.

6. We are equally worried on how the APC Government intends to really actualize this lofty Plan (if it’s not the usual lies to the people) given the low state of Nigerian economy where government is borrowing domestically and internationally to fund its operations. The 2017 Budget is still a mirage. To buttress, the International Monetary Fund (IMF) has declared that Nigeria is spending 66% of its interest revenue on debt. In other words, the Federal Government has only 34% of its revenue to tackle capital and recurrent expenditures and development.

7. In view of the above, Nigerians will agree with us that if the APC led Administration wants to pursue the implementation of this proposed Recovery and Growth Plan the same way as the anti-corruption war, the people should not expect much from the Plan; more so when the remaining two years of this Government is in preparation for the 2019 General Elections.

God bless the PDP! God bless Nigeria!!

Signed:
[/s]


Prince Dayo Adeyeye
National Publicity Secretary, PDP-NCC

cc; Lalasticlala,mynd44

Source: http://www.trezzyhelm.com/2017/04/re-buhari-launches-economic-recovery.html?m=1

Rubbish. By the way, is Dayo Adeyeye not the fool that claimed that Jonah-daft was invited and present for Trump inauguration? What a bastard.

mrvitalis:


A country has a reserve that's less than 6 months demand ...forex earning has dropped by 60% ...give me with time fram what they country will do to escape recession..... I dare u

Who made forex earnings drop?

DelGardo:


So APC should turn Nigeria around in less than 2yrs after the 16-year wrecking done the country by PDP ba?
Yet you are not ashamed to say that it will take your PDP more than 4yrs to sort out 'damage' APC will do in 4yrs.

Just swallow your sour grapes, bitter wailer. No more free money no mater how much you guys protest.

Meanwhile which PDP faction make this yeye statement sef? I no blame una, na KOWA wey no fit provide better opposition I dey blame for this nonsense.

keep quiet!
Please tell me d damage done specifically? Maybe u should read d post again.

Pavarottii:

Who made forex earnings drop?

Hope ur aware 92% of our forex come from oil and gas ??

mrvitalis:

Hope ur aware 92% of our forex come from oil and gas ??

The dude is a very loud empty head. See question

DelGardo:


The dude is a very loud empty head. See question

Ok