May 29: Tinubu’s 2 years in office, a massive disappointment – PDP
The Peoples Democratic Party (PDP) has described President Bola Tinubu’s two years in office as a massive disappointment, saying Nigerians have gone through hardship under the government .
A statement issued by the Party’s National Publicity, Debo Ologunagba, tasked Tinubu to urgently address insecurity and reverse all economically “suffocating policies”.
” As a Party, we restate our position that any government that cares for the wellbeing of the people and has an idea of macro-economic policy management would have reckoned that an abrupt increase in petrol price and devaluation of the Naira as executed by the Tinubu administration would cripple the productive sector, inflame high costs, crash millions of businesses, trigger mass job loss, escalate poverty, hunger, hardship, insecurity and hopelessness across the country.
” With the Naira which exchanged for N167 to a US Dollar under the PDP administration now exchanging for over N1,600; petrol which sold for N87 per liter under the PDP now selling for over N1,000 per liter; with nearly 40% inflation rate, over 42% youth unemployment rate, acute food shortage, frightening rise in criminality and social vices, the situation in Nigeria has become so unbearable that many talented citizens are now fleeing the country with others resorting to suicide to escape the agonies inflicted by the APC government”, said the PDP.
The party said since May 2023 when Tinubu took office, more than 600,000 Nigerians had been killed by terrorists and bandits, accusing the government ofnegligence and failure to ensure the safety and security of the nation and the citizens.
PDP added ” In the last two years of worsened insecurity, comatose infrastructure and economic uncertainties, multinationals are leaving Nigeria in droves to neighboring countries where governments are alive to their responsibilities.
” Unfortunately, instead of listening to our Party and other well-meaning Nigerians, the Tinubu administration resorted to multiple taxes, exploitative charges and reckless foreign borrowing accumulating to N182.91 trillion (with the latest request of a fresh $24.14 billion (N38.24tn) with no corresponding development project or programme that benefits the people.
“More distressing is that while Nigerians suffer, the APC is obsessed with turning our country into a one-Party state, while frittering the nation’s scarce resources for acquisition of jets, pricey yacht, luxury mansions, expensive foreign trips and lavish lifestyle to the chagrin of other citizens”.
The party said the President should take advantage of the remaining two years of his administration to redeem his image by addressing the issue of insecurity, review all suffocating policies to bring down the price of petroleum products and shore up the value of the Naira.
