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PDP lied on leaving $550bn economy, says pro-Buhari group

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  The Peoples Democratic Party PDP did not leave behind a 550 billion economy when it lost power to the All Progressives Congress APC in 2015 The Buhari Media Organisation BMO said in a statement signed by its chairman Niyi Akinsiju and secretary Cassidy Madueke that the party leaders claim is at odds with facts on the ground While we know that PDP elements are used to pulling numbers out of thin air we did not expect them to fabricate figures on the state of the economy in May 2015 to mislead Nigerians It all started in December last year when former Aviation Minister Osita Chidoka dropped the manipulated figure on the PDP era economy before the elected governors on the party platform jumped on it It is now surprising that PDP President Iyorchia Ayu who presents himself as an academic has also jumped on the bandwagon when he could have put his investigative skills to use For the avoidance of doubt Nigeria s GDP figure in 2015 was 486 billion not the 550 billion that the opposition party is parading like a badge of honour We dare say that virtually all the data the party presents is designed to mislead unsuspecting Nigerians the statement added BMO argued that contrary to the rosy picture that PDP bosses had been painting the economy was in decline at the time President Muhammadu Buhari took office We want to put on record that no fewer than 27 states were struggling to pay staff salaries in 2014 and it wasn t until the APC led administration came on board that states received bailouts to stay afloat And just a year earlier in 2013 Nigeria s poverty figure was 112 million out of a population of 165 million people according to World Bank figures Today the Buhari administration has lifted millions of people out of poverty with the figure now standing at around 88 million Yes a large part of the country s debt was paid off by a PDP administration in 2006 but as of May 2015 Nigeria s public debt was 63 billion even as the country earned 381 9 billion only with crude oil sales between 2010 and May 2015 Again we challenge the PDP leaders to show Nigerians how they spent what the country got as well as the funds in the Oil Excess Account because there is indeed little to no infrastructure to show in the boom era of the oil BMO urged Nigerians to continue rejecting the former ruling party because according to the pro Buhari group it has nothing to offer YAYA
PDP lied on leaving 0bn economy, says pro-Buhari group

Democratic Part

The Peoples’ Democratic Party, PDP, did not leave behind a $550 billion economy when it lost power to the All Progressives Congress, APC, in 2015.

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Buhari Media Organisation

The Buhari Media Organisation, BMO, said in a statement signed by its chairman Niyi Akinsiju and secretary Cassidy Madueke that the party leaders’ claim is at odds with facts on the ground.

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“While we know that PDP elements are used to pulling numbers out of thin air, we did not expect them to fabricate figures on the state of the economy in May 2015 to mislead Nigerians.

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Aviation Minister Osita Chidoka

“It all started in December last year when former Aviation Minister Osita Chidoka dropped the manipulated figure on the PDP-era economy, before the elected governors on the party platform jumped on it.

PDP President

“It is now surprising that PDP President Iyorchia Ayu, who presents himself as an academic, has also jumped on the bandwagon when he could have put his investigative skills to use.

“For the avoidance of doubt, Nigeria’s GDP figure in 2015 was $486 billion, not the $550 billion that the opposition party is parading like a badge of honour.

“We dare say that virtually all the data the party presents is designed to mislead unsuspecting Nigerians,” the statement added.

Muhammadu Buhari

BMO argued that, contrary to the rosy picture that PDP bosses had been painting, the economy was in decline at the time President Muhammadu Buhari took office.

“We want to put on record that no fewer than 27 states were struggling to pay staff salaries in 2014 and it wasn’t until the APC-led administration came on board that states received bailouts to stay afloat.

World Bank

“And just a year earlier, in 2013, Nigeria’s poverty figure was 112 million out of a population of 165 million people, according to World Bank figures. Today, the Buhari administration has lifted millions of people out of poverty with the figure now standing at around 88 million.

“Yes, a large part of the country’s debt was paid off by a PDP administration in 2006, but as of May 2015, Nigeria’s public debt was $63 billion, even as the country earned $381.9 billion. only with crude oil sales between 2010 and May 2015. .

Oil Excess Account

“Again we challenge the PDP leaders to show Nigerians how they spent what the country got as well as the funds in the Oil Excess Account because there is indeed little to no infrastructure to show in the boom era. of the oil”.

BMO urged Nigerians to continue rejecting the former ruling party because, according to the pro-Buhari group, it has nothing to offer.

YAYA

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