APC Statement On Economy….Height of Intellectual Fraud – PDP

The Peoples Democratic Party (PDP) has dismissed the APC’s claims on the
state of the nation’s economy as wild and baseless allegations
shamelessly anchored on tissues of lies and unreliable posts copied from
the social media.
PDP National Publicity Secretary, Olisa Metuh in a statement on Monday
said it is disgusting that the APC has stuck to its stock-in-trade of
fabricating and dishing out falsehood in an attempt to deceive Nigerians
and distort facts on the glaring achievements in the nation’s economy
under President Goodluck Jonathan in spite of the daunting challenges.
The PDP which said it has continued to maintain a high moral ground in
keeping to issue-based campaign, described the APC statement as a ploy
to divert attention from its lack of acceptable economic blue-print and
the refusal of its Presidential candidate, retired Major General
Muhammadu Buhari to intellectually engage President Jonathan on economic
and other matters.
“No body can deny the fact that we have made improvements in our economy
in the last four years under President Goodluck Jonathan. The APC cannot
detract from the fact that under President Jonathan, our economy has
grown to become the largest in Africa and the third fastest growing in
the world.
“This feat, which did not come by accident but through meticulous
application of policies by President Jonathan has been attested to by
renowned economic experts and leading international rating agencies”,
the party said.
Noting that the nation has become the primary investment destination in
Africa under the Jonathan administration, the PDP said this is visible
in the unprecedented growth of the private sector and influx of foreign
direct investments in manufacturing, agriculture, retail, construction,
hospitality, oil and gas, communication among others, with massive
employment opportunities for millions of Nigerians.
It said the influx of international retail giants and the rebirth of
shopping malls in all major cities of the country attest to the nation’s
encouraging demographics and stronger purchasing power of the citizens.
The party said the business-friendly environment created by the Jonathan
administration has also led to the revival of the manufacturing sector
with leading car manufacturers such as Nissan, Hyundai and Kia setting
up factories in addition to indigenous Innosons, Peugeot Nigeria and
ANAMCO, providing business and employment for Nigerians.
The PDP therefore challenged the APC to come out with its policy
direction for wealth creation instead of engaging in unfounded claims
adding that it should also be bold to present its presidential candidate
to face President Jonathan in a debate on the economy.
Olisa Metuh
National Publicity Secretary

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