The All Progressives Congress (APC) has berated former Vice-President Atiku Abubakar over his comment about the one year in office of President Bola Tinubu.
In a statement on Tuesday, Abubakar, the presidential
candidate of the Peoples Democratic Party (PDP) in the 2023 elections, said the
nation’s economy has worsened under Tinubu.
The former vice-president said, despite high hopes when
Tinubu took over as Nigerian president last May, the country is worse off.
Abubakar said Tinubu has “embarked on a cocktail of
policies” with no concrete plans to achieve the remodelling of the economy he
promised.
However, in a statement, Felix Morka, APC spokesperson, said
the former vice-president’s comment belittling Tinubu’s policies shows
“primordial political envy and crass desperation for power”.
Morka said Atiku is “willfully blind to the pace of
progress” of the country under Tinubu’s administration.
The APC spokesperson said Tinubu’s administration has “attracted
over $20 billion into the economy” in the last one year.
“Atiku’s self-serving
efforts to minimise the bold, genuine and metamorphic policies and
interventions of the present administration only smack of primordial political
envy and crass desperation for the power that Nigerians have so wisely denied
him,” the statement reads.
“The former Vice President lives in an alternate reality of
prejudice and unpatriotic desire for Nigeria’s failure so he may scavenge his
way to an even more elusive presidency.
“Quite contrary to Atiku’s claim, President Bola Tinubu’s
administration has, in its first year in office, attracted over $20 billion
into the economy while the stock exchange has ballooned from N18.12 billion in
Q1 of 2023 to N93.37 billion in Q1 of 2024, representing an increase of over
400 percent with an annual economic growth rate leaping from 2.5 percent to
3.46 percent.
“Key sectors of manufacturing, telecommunications, oil and
gas, solid minerals, e-commerce, and fintech have continued to attract
increased and ceaseless flow of foreign direct investments (FDIs). Yet, Atiku
remains willfully blind to the pace of progress that is so self-evident.
“President Tinubu set
an audacious target of building a $1 trillion economy in the next few years and
has put together a bevy of experts and professionals, and introduced
far-reaching policies and programmes to drive the actualization of this
desirable economic target.
“The President needs the support and encouragement of
Nigerians, not the bile-filled pessimism of partisan Atikus.
“Atiku’s false alarm of an imminent food scarcity boldface
ignores the widely acknowledged proactive measures already introduced by
President Tinubu to guarantee food security in the country.
“In December 2023, the federal government set a target for
the cultivation of 500,000 hectares of land across the federation.
“Cultivation of rice, maize, wheat and cassava on over
246,231 hectares of land in 30 states of the federation is in progress in
addition to approving massive grants and other incentives to farmers.”
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