May 29: Buhari, APC Have Set Nigeria 60 Years Backward

In a statement signed by PDP spokesman, Kola Ologbondiyan, the party
said “In line with the assessments of majority of Nigerians, our party
views the last five years of Buhari administration as wasteful and could
at the best be described as the season of the locusts.

“The PDP laments that the Buhari-led All Progressives Congress (APC)
government has turned our nation into a wasteland, devastated her
economy, shattered our national dreams, crushed the hope of citizens and
set our country backward.

“The party describes as saddening that May 29, under President Buhari,
has become synonymous with the enthronement of incompetence, insensitive
leadership, endemic corruption in high places and governance by
propaganda and false performance claims.

“The PDP laments that the APC administration has reversed all the gains
achieved by the PDP for which May 29 was always celebrated and left the
country dejected and despondent.

“Under President Buhari, May 29 has become a day of grieving for
Nigerians; a day for commemoration of failed promises, reversal of gains
achieved by past leaders and retrogression in our body polity as a
nation.

“This administration has failed woefully in its three major governance
planks of provision of security, economic recovery and fight against
corruption.

“In the last five years, the APC administration has done nothing but
driving our nation along the precipices; reneged on all its campaign
promises, ruined our productive sector, frustrated our farmers,
manufacturers and small scale entrepreneurs, devalued our naira, wrecked
employment opportunities for our youth, turned our once prosperous
nation into the poverty capital of the world while accumulating huge
foreign debts for this generation and the unborn.

“Under five years, President Buhari has borrowed from every corner of
the world. These include external borrowing of  $10.72 billion (N4.1
trillion) in 2015, $11.41 billion (N4.4 trillion) in 2016, $18.91
billion (N7.3 trillion) in 2017, $25.27 billion (N9.8 trillion) in 2018,
$27.68 billion (N10.7 trillion) in 2019 as well as 2020 loans of $3.4
billion (N1.3 trillion) from IMF, $4.4 million (N1.594 billion) internal
borrowing, $22.7 billion (N8.8 trillion) external loan and the recently
yet to be approved $5.513 billion (N2.1 trillion) waiting before the
National Assembly.

“Our party had already alerted Nigerians that with the volume of
borrowing, President Buhari and the APC have placed our nation on the
international auction market.

“In the last five years, corruption has also worsened in government
circle as shown in Transparency International (TI)’s corruption
perception index.  Federal Government agencies such as the Nigeria
National Petroleum Corporation (NNPC), Federal Inland Revenue Service
(FIRS), National Health Insurance Scheme (NHIS) among others have been
opened up for pillaging by the cabal in the Presidency and the APC.

“Under the APC administration, insurgents, marauders and bandits, who
have been pushed to the fringes under the PDP, have resurged and now
having field day ravaging communities and killing our compatriots while
government continue in its lip service and empty condolence messages.

“It is distressing that instead of heeding wise counsel to accept
failure and avoid making false performance claims, the Buhari Presidency
just yesterday, released a list of recycled fictitious achievements,
including very insensitive claim of having routed out bandits; even as
marauders were pillaging communities and killing our compatriots in
Sokoto and other states, particularly in the Northwest.

“A look at the list exposed reused figures and data without
corresponding verifiable projects in any part of the country, apart from
attempts to appropriate PDP projects.

“Our party once again asks President Buhari to wake up to the reality,
accept failure and seek help since it has become clear that his
administration as presently constituted has devastated our nation and
leading us on a journey to nowhere.”