Peter Obi
The All Progressives Congress (APC) says Nigeria’s economy is experiencing a steady recovery under the leadership of President Bola Tinubu.
In a statement on Tuesday, Felix Morka, the APC’s national publicity secretary, said the country’s economy has continued to show consistent improvement despite global and domestic challenges.
The party’s position comes as a response to Peter Obi, the presidential candidate of the Labour Party (LP) in 2023, who criticised the Tinubu administration for its perceived ineffectiveness in implementing economic policies.
“We have a country that is in huge debt. The current administration met a debt of about N17 trillion; in two years, it has moved to over N170 trillion,” Obi said on Tuesday while speaking to Arise TV.
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“The cost of debt servicing is above the budget for critical areas like health and education. Seventy percent of our primary healthcare centres are not functioning. I would fix our PHCs and primary schools if I were president.”
However, the ruling party dismissed Obi’s claims, asserting that under President Tinubu’s leadership, key economic sectors have recovered, with positive growth projections and improved fiscal stability.
“Opposition politics is not about denying the administration’s many successes. It is about critiquing what may be wrong but affirming what is right. It is not about wholesale condemnation that is only intended to mislead and score cheap political gains,” the statement reads.
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“The steady progress of the Tinubu administration across sectors is undeniable and evident for all Nigerians to see.
“It is hysterical that Mr. Obi, who was governor of a failed and forgotten administration in the Anambra state of only 21 local government areas, would so brazenly boast of his capacity to govern Africa’s largest democracy.
“Obi bequeathed a sordid legacy of economic stagnation, infrastructural decay, ecological disaster, and religious polarization.
“Both as former Governor of Lagos state and now as President, Tinubu is a dogged achiever, bold and unwavering in tackling and transforming difficult challenges into opportunities”.
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