'Nigeria has lost billions of Naira under Buhari'-- Chief Olisa Metuh
The PDP National Publicity Secretary, Chief Olisa Metuh, has taken a swipe at the President Buhari led administration saying 'the last three months was under an inept and poorly coordinated APC-led government.'
In a statement released on Saturday, August 29, 2015, the PDP spokesman said the current administration has embarked on propaganda of imaginary achievements, in addition to attempts to foist harsh economic regime to cover its ineptitude.
“If not for crass incompetence or a possible ulterior motive to subjugate Nigerians for selfish reasons, what else explains the adamant stance of this administration in running a government without the statutory components of a full cabinet and precise fiscal policy direction, even when the negative consequences of this strange totalitarian approach are taking serious toll on the economy and the polity in general?" he began.
Continuing, 'Whereas the APC led government is busy with its propaganda of imaginary achievements, official reports from the National Bureau of Statistics show that that the economy is being grounded with Nigeria’s real Gross Domestic Product (GDP) plunging with about 2.35%, while job creation has dropped by 69 percent.
'In the last three months under an inept and poorly coordinated APC-led government, our nation’s economy, which before now, held the record as the largest in Africa and one of the fastest growing in the world, suddenly plummeted as officially evidenced in the lull in the capital and money market sectors which have lost billions of naira; spiral rate of inflation, and stagnation in domestic and foreign direct investments, with investors scared away due to the uncertainty arising from lack of economic direction and apparent confus
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