Saturday, 3 March 2018

APC vs PDP
President Muhammadu Buhari, has once again claimed the Peoples Democratic Party, (PDP) wasted Nigeria’s resources in the sixteen years it was at the helm of the nation’s political affairs.
The President noted he and his party have had to deal with the mess created by the PDP since it took over the political leadership of the country in 2015.
Buhari made this known as part of his address during the National Executive Committee meeting of the All Progressives Party which held at the party secretariat in Abuja on Tuesday.
“Mr Chairman, members of the National Executive Committee, I must acknowledge that the pace of government has not met the expectations of many within our Party. But few of us knew or appreciated the depth of the hole when we took office. Thus we spent the last two years digging the country out of the mess we met,” he said.
The president also used the opportunity to highlight some of the achievements of the APC led administration, while calling on party faithfuls to work together to ensure victory for the APC during the 2019 general elections.
“Mr Chairman, Members of the National Executive Committee, we cannot afford to fail to remind Nigerians where we came from in 2015. I am happy to report that slowly and steadily we have managed to stabilize the country and re-direct the ship of the State.”
“We have restored prudence to the management of public finances. Confidence in Nigeria has been restored. On February 23rd, Nigeria issued 12 year and 20 year Eurobond on the international market, which were both oversubscribed. The 12 year bond was within days subscribed by 332%. The 20 year bond was subscribed by 372%.”
“We have stabilized the Naira, increased our foreign reserves from US$20 billion to US$40 billion. Inflation rate is down. With considerably less resources available to the country, we have improved all indices towards a stronger economy.”
“Above all, we must pay tribute to the Nigerian people. They still massively support the government in spite of distractions from exponents of “business-as-usual.”
“Nevertheless, I am not asking us to relax and take things easy. As we all know, elections are looming on the horizon, we must therefore get our act together.

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