PDP Charges President Buhari To Refute Minister On Harsh Policies’ Claim
PDP Charges President Buhari To Refute Minister On Harsh Policies’ Claim – The Peoples Democratic Party (PDP) has challenged President Muhammadu Buhari to comment on the claim by the Minister of Finance, Hajia Zainab Ahmed, that his administration’s policies were allegedly hurting the nation and scaring investors away.
In a statement yesterday by its national publicity secretary, Kola Ologbondiyan, PDP maintained that the declaration was a vindication of its long-held position.
The party said: “Though the minister particularly alluded to the administration of the colossal fines imposed on MTN Nigeria and four banks, available data showed that the All Progressives Congress (APC)-led government has been subjecting businesses to very harsh and punitive policies, leading to the death of both domestic and foreign direct investments and its attendant economic hardship on the citizenry.”
The main opposition political party stated that it had always warned the nation of the “negative impact of the harsh economic policies, high-handedness, and vindictiveness of the Buhari administration on investors.”
PDP continued: “This is in addition to heavy and multiple taxations, import and foreign currency restrictions, a clampdown on free trade, corruption, and avoidable flops, which have continued to scare investors from our country.”Today, investors in key sectors are pulling out of their interests, foreign revenue is dwindling by the day and our economy has continued to dip under President Buhari, with no hope in sight.
“Only last month, the same minister of finance alerted that the nation was facing revenue challenges, a development that stems directly from the harsh policies of the Buhari administration, coupled with its incompetence and lack of creative ability to engage in the global market and run a productive economy.”
It urged Nigerians to hold the president responsible for the “economic disaster and hardship that the nation has faced in the last three and half years.”
The party stressed that if Buhari had “heeded wise counsel to hands-off economic issues, end corruption in his presidency and allow better hands to manage the economy, our nation would not be in the quagmire of today.”