{"id":113405,"date":"2024-07-24T03:33:42","date_gmt":"2024-07-24T02:33:42","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=113405"},"modified":"2024-07-24T03:33:42","modified_gmt":"2024-07-24T02:33:42","slug":"again-apc-blames-pdp-for-hardship-says-obi-a-loquacious-disruptive-driver","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/again-apc-blames-pdp-for-hardship-says-obi-a-loquacious-disruptive-driver\/","title":{"rendered":"Again, APC blames PDP for hardship, says \u2018Obi, a loquacious, disruptive driver\u2019"},"content":{"rendered":"
\n
The ruling All Progressives Congress APC has again blamed successive Peoples Democratic Party PDP administrations for the current hardship being experienced by Nigerians.<\/div>\n
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\nThe condemnation comes a few days after the planned nationwide protest against the increasing cost of living which organizers say was orchestrated by the several ill-thought economic policies of the President Bola Tinubu administration.<\/p>\n

Stating that it had been working hard to reverse the trend, APC also tackled the Presidential Candidate of Labour Party LP in the last election, Mr Peter Obi for attempting to cash in on the current situation to mobilize mass outrage against the president.<\/p>\n

\u201cThe presidential candidate of the Labour Party in the 2023 general elections and former Governor of Anambra State, Mr. Peter Obi, has continued, unabashedly, to showcase his obsessive devotion to self-promotion against the best interest of Nigeria\u201d, APC said in the statement signed by Felix Morka.<\/p>\n

Describing Obi as a loquacious, disruptive backseat driver, APC said the former Anambra governor\u2019s latest statement on the country\u2019s economic situation is an admixture of half truths, blatant distortions and misinformation calculated to mobilize outrage against the president.<\/p>\n

Part of the statement reads; \u201cHis warped conclusion that Nigeria\u2019s economic crisis was caused by nine years of APC-led administration is a highly revisionist, dishonest, distorted and deliberately misleading assessment of the country\u2019s economic trajectory in the last decade. He opined, rather mischievously, that no efforts were being made by President Bola Ahmed Tinubu\u2019s administration to tackle poverty and unemployment in the country.<\/p>\n

\u201cThe facts tell a far more complex and different story. The country\u2019s economic decline began under the watch of the Peoples Democratic Party PDP with GDP growth plummeting from 7.98% in 2010 to 2.79% in 2015. And since 2015, the global oil price crash, geopolitical tensions, climate change, global COVID pandemic and rising population have all taken a toll on Nigeria\u2019s economy which is almost entirely dependent on drastically reduced oil export earnings.<\/p>\n

\u201cThe growth recorded during the PDP years was due entirely to the high price of crude oil and increased government spending that it supported.<\/p>\n

\u201cIt is noteworthy that between 2007-2014, Nigeria earned $531.2 billion under the PDP, compared to $287.8 billion under APC between 2015-2022. This drastically reduced export earnings under the APC administration was even further stretched thin by the country\u2019s population surge from 184 million in 2015 to 229 million in 2024.<\/p>\n

\u201cDespite the huge revenues available to it, successive PDP administrations neglected to address underlying structural challenges and distortions in the economy leaving the country vulnerable to economic shocks and volatility.\u00a0 Had the PDP undertaken a sustained programme of economic reform as President Tinubu is currently engaged, Nigeria\u2019s economic situation would be far better than it is today.<\/p>\n

\u201cBut in his selfish political desperation, Obi will never acknowledge the complexity of the causation of our economic challenges but would rather attempt to scapegoat the APC administration for all of the country\u2019s economic ills while turning a blind eye to the bold and thoughtful policy interventions of President Tinubu\u2019s administration.<\/p>\n

\u201cMr Obi is a loquacious and disruptive backseat driver who has assigned himself an ignoble role of an embittered loser and spoiler. Economic challenges and hardship are a stark reality of most countries of the world today, both developed and developing. It is an existential condition that must be tackled and transformed. This is an arduous task that requires collective patriotic collaboration.<\/p>\n

\u201cMr Obi must know that inflaming passion and mobilizing outrage through false and manipulative narratives are not legitimate tools of opposition politics. Expecting President Tinubu to accomplish total transformation of Nigeria in one year, a feat he failed miserably to accomplish in eight years as Governor of Anambra state, is the height of disgraceful hypocrisy\u201d.<\/p><\/div>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The ruling All Progressives Congress APC has again blamed successive Peoples Democratic Party PDP administrations for the current hardship being experienced by Nigerians. 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