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The presidential candidate of the All Progressives Congress (APC), General Muhammadu Buhari (rtd), has assured Nigerians of succour from the effects of the ill management of the nation’s economy by the President Goodluck Jonathanled Federal Government.
In a statement signed by the Director of Media and Publicity of the APC Presidential Campaign Organisation (APCPCO), Malam Garba Shehu, the APC observed the panicky and uncoordinated management of the nation’s economy by President Jonathan and his economic team.
“It is apparent that the Federal Government has suddenly found itself in a bind with plummeting crude oil prices in the international market, but typical of a team that lacks capacity for anticipatory actions, the Federal Government has been running from pillar to post in a vain bid to stabilize the economy. Unfortunately, all conceived palliatives applied to save the nation’s declining economic in dicators have merely scrapped the surface of the problems leaving the mass of Nigerians desperate, confused and hungrier.”
Shehu said that the nation’s debt profile under the current Federal Government grew exponentially even while the country recorded the highest revenue accrued from impressive crude oil prices over a five-year period before the downward spiral of international oil prices.
“With external debt standing at more than $10 billion and our internal debts at more than $50 billion, it is without doubt that President Jonathan is driving Nigeria into economic wilderness.
This should be a cause for concern for all well -meaning Nigerians, more so when the Federal Government responses to these rising economic challenges have, at best, been casual.
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