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Buhari economic with the truth, says PDP

16 October 2014, 06:58

Abuja - The ruling People’s Democratic Party accused the former Head of State and one of the All People Congress (APC) presidential election hopefuls, Muhammad Buhari, for misrepresenting facts and figures as he officially declared his interest to contest the poll.

He declared his intention on Wednesday.

“While we congratulate and wish him well in his ambition, we have noted some distortions and misrepresentation of facts in his speech and consequently wish to put the record straight," PDP said in a statement its spokesperson, Olisa Metuh, released.

However, PDP pointed out, the fact remained that as at May 29 1999 when PDP took office, Nigeria was generating 1600 megawatts of electricity, contrary to the opposition leader's sentiments.

"We urge Nigerians to fact-check on this. Corroboration of this figure can also be sought from the World Bank, the IMF and multiple other authoritative sources. In contrast, it is common knowledge that under the transformative leadership of President Goodluck Jonathan, Nigeria now generates 4568 MW of electricity; a triple of what was generated in 1999,” PDP argued.

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Metuh added that the fact can be verified from the hand-over notes from the military as well as from the World Bank and International Monetary Fund was that Nigeria was the third largest economy in Africa in 1999, behind South Africa and Egypt.

Nigeria is now rated the continent's biggest economy.

"It is incontrovertible that in the last 15 years of PDP leadership, especially the last three years of dynamic and purposeful administration provided by President Jonathan, Nigeria's economy has become the largest in Africa and the 26th largest in the world," PDP stated.

According to Metuh, in the last 15 years under the PDP, the last three years of vigorous application of the Agricultural Transformation Agenda, there had been an unparalleled government input in agriculture, thereby pushing production to an all-time high.

Moreover, PDP said, Nigeria food import has reduced from N1,1 trillion in 2010 to N684 billion.

“While we understand that the APC is hell-bent on using every opportunity at its disposal to discredit the PDP in quest for political control, we urge their handlers to always cross-check their facts and stop making mockery of respected Nigerians in the mould of Buhari.”

Buhari,  during his declaration for the presidential race said Nigeria was generating 4000 MW of electricity in 1999 but had fallen short of that capacity under the PDP.

He stated that a growing economy which the PDP inherited in 1999 had been "destroyed" within 15 years in office.

"This also does not represent the reality on the ground," PDP concluded.

- CAJ News.


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