FAILED MISERABLY? Reactions As Peter Obi Receives Condemnation Over His 8 Years As Anambra Governor; See Those Responsible
The ruling All Progressives Congress (APC) has launched a scathing critique against Peter Obi, the Labour Party candidate in the last presidential election, accusing him of political grandstanding and misinformation. This position was articulated through a press statement signed by the APC’ s national publicity secretary, Felix Morka.
In the statement, the APC criticized the former Anambra governor for what they described as his ” obsessive devotion to self- promotion against the best interests of Nigeria. ” The ruling party accused Obi of distorting facts to mobilize public outrage against President Bola Ahmed Tinubu’ s administration. ” Mr. Obi’ s latest statement on the country’ s economic situation is an admixture of half- truths, blatant distortions, and misinformation calculated to incite outrage against the APC government, ” the statement read. ” His conclusion that Nigeria’ s economic crisis is solely the result of nine years of APC leadership is a highly revisionist, dishonest, and misleading assessment of the country’ s economic trajectory over the past decade. ”
The APC went further to refute Obi’ s claims that President Tinubu’ s administration has not been making efforts to address poverty and unemployment. They argued that the economic challenges facing Nigeria are far more complex and have roots extending beyond the current administration. ” The country’ s economic decline began under the Peoples Democratic Party (PDP) with GDP growth plummeting from 7. 98% in 2010 to 2. 79% in 2015, ” the statement explained. ” Since 2015, external factors such as the global oil price crash, geopolitical tensions, climate change, the COVID- 19 pandemic, and a rising population have exacerbated our economic woes. ”
Highlighting the difference in revenue between the PDP and APC administrations, the APC noted that Nigeria earned $531. 2 billion from 2007 to 2014 under PDP rule, compared to $287. 8 billion between 2015 and 2022 under APC leadership. They criticized the PDP for failing to address underlying structural issues despite the high revenues, which left the economy vulnerable to shocks.
The APC also pointed to the significant strides made by the Tinubu administration in the past year, despite the inherited challenges. ” Contrary to Obi’ s bleak analysis, the country has attracted over $20 billion into the economy and recorded an all- time high N6. 52 trillion trade surplus in the first quarter of 2024. Additionally, the nation’ s foreign reserves have increased, reaching upwards of $34 billion, and capital inflow has surged by 66. 27% this year alone. ”
The statement underscored that the APC believes in thoughtful and bold policy interventions to steer Nigeria towards economic recovery, something they claim the PDP failed to do during its tenure. The APC concluded their rebuttal by accusing Peter Obi of hypocrisy, stating, ” Expecting President Tinubu to accomplish total transformation in one year, a feat he failed to achieve in eight years as Governor of Anambra State, is the height of disgraceful hypocrisy. ”
