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PDP reacts to accusations of wrecking economy

2015-02-03 08:54
Party supporters raise flags in support of Nigerian President and Presidential candidate of the ruling People's Democratic Party Goodluck Jonathan and Vice President Namadi Sambo during a rally in Lagos on January 8, 2015. Nigeria's President Goodluc ~ PIUS UTOMI EKPEI

Abuja - The ruling People’s Democratic Party (PDP) has dismissed the All Progressives Congress’ (APC’s) claims on the state of the nation’s economy.

On Monday, ahead of the elections later this month, the opposition raised alarm at the state of the economy, which it claimed the Goodluck Jonathan administration had “ruined.”

PDP dismissed such arguments as “wild” and “baseless”.

The ruling party, in a statement by its National Publicity Secretary, Olisa Metuh, said it was disgusting that the APC had “stuck to its stock-in-trade of fabricating and dishing out falsehood” in an attempt to deceive Nigerians and distort facts on the glaring achievements in the nation’s economy under President Jonathan in spite of the daunting challenges.

The party said it had continued to maintain a high moral ground in keeping to issue-based campaign, described the APC statement as a ploy to divert attention from its lack of acceptable economic blue-print and the refusal of its Presidential candidate, retired Major General Muhammadu Buhari, to intellectually engage Jonathan on economic and other matters.

Also Read: Jonathan administration accused of wrecking economy

“Nobody can deny the fact that we have made improvements in our economy in the last four years under President Goodluck Jonathan. The APC cannot detract from the fact that under President Jonathan, our economy has grown to become the largest in Africa and the third fastest growing in the world,” said APC.

“This feat, which did not come by accident but through meticulous application of policies by President Jonathan, has been attested to by renowned economic experts and leading international rating agencies,” the party said.

PDP noted that the nation has become the primary investment destination in Africa under the Jonathan administration.

“The influx of international retail giants and the rebirth of shopping malls in all major cities of the country attest to the nation’s encouraging demographics and stronger purchasing power of the citizens.”

The party said the business-friendly environment created by the Jonathan administration has also led to the revival of the manufacturing sector with leading car manufacturers such as Nissan, Hyundai and Kia setting up factories in addition to indigenous Innosons, Peugeot Nigeria and ANAMCO, providing business and employment for Nigerians.

It challenged APC to come out with its policy direction for wealth creation instead of engaging in unfounded claims adding that it should also be bold to present its presidential candidate to face Jonathan in a debate on the economy.

- CAJ News
Read more on: apc  |  pdp  |  2015 elections  |  economy  |  politics

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