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Recession: APC’s bad policies punished us in 2016, we hope 2017 will be better - PDP
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The Peoples Democratic Party (PDP) has
said that 2016 was a difficult one because of
the bad policies of the ruling All
Progressives Congress (APC).
However, the main opposition party believes
that with hard work and faith, 2017 may be
better.
This was disclosed in a statement on Sunday,
January 1, by Prince Dayo Adeyeye, the
national publicity secretary of the factional
PDP.
PDP says APC’s bad policies punished us in
2016 but hopes 2017 will be better
While complimenting Nigerians as they
embark on the journey into the New Year
2017, the party reminded Nigerians of their
previous track records of managing the
country’ economy.
The party also charged Nigerians in the New
Year to work harder and trust in their
capacities to surmount the current economic
condition in the Country by the Grace of God.
The statement read: “The National Chairman of
the Peoples Democratic Party (PDP), Senator
Ahmed Makarfi, CON, on behalf of all organs of
the PDP and its family nationwide, compliment
Nigerians as we usher in the New Year 2017.
“We charge Nigerians in this New Year to work
harder and trust in their capacities to surmount
the current economic condition in the Country
by the Grace of God. The bad policies of the
APC led government no doubt, have occasioned
this economic recession with its attendant
consequences of extreme hardship, starvation,
deprivation, insecurity and rise in ethnic,
sectional and political agitations for self-
determination.
“The ‘Transformation Agenda’ of the last PDP
Administration brought a lot of hope to
Nigerians, the African Sub Region and our
economy at large. Nigeria economy before
handing over to the APC in May 2015 was
declared the largest and the fastest growing in
Africa (number 1) which is now nowhere near
number 30. Why is that? Incompetence it is!”
The statement added: “It is no gainsaying that
the PDP had better policies and programmes of
reforming Nigeria’s economy to provide better
living condition for its citizens well-being, which
it did. We hope the government of the day
changes its policies of high taxations with
almost non-economic activity while providing
palliatives in 2017 to reduce the effect of the
recession, and the country will be better for it
in the coming years.
“Against this backdrop, we again advise the
APC led administration in this Year 2017 to
urgently employ the services of economic
experts to put in place viable policies that will
revamp our ailing economy. We are presently in
recession because of significant decline in
government business in both internal and
external spheres. The federal government
should increase money supply, cause rise in
disposable income (spending) and decrease
mindless taxations which have led to high
inflation and multiple prices in money market.
“Once again, congratulations and happy New
Year Celebrations to all Nigerians. God bless the
Peoples Democratic Party (PDP), God bless the
Federal Republic of Nigeria.”
Recall that the APC on Monday, December 26,
2016 acknowledged that there is so much
hardship in Nigeria at the moment.
This was disclosed by Mallam Bolaji Abdullahi,
the spokesperson of the ruling party, in an
interview with journalists in Ilorin, Kwara
state capital.
According to Abdullahi, things are currently
difficult in the country, but that doesn’t mean
that President Muhammadu Buhari had
economically failed the nation.
The APC spokesman said that Buhari is doing
his best to address the national challenges.
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