The ruling All Progressives Congress (APC) has announced that former presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, wants to revive policies that have failed to solve Nigeria’s problems.
APC National Publicity Secretary Felix Moruka on Monday said in a statement as he responded to alternative policies on what Atiku would have done to improve the conditions of the people had he been elected president in 2023. I mentioned this in
Moruka said the former vice president’s continued attacks on President Bola Tinubu’s policies showed that he had not recovered from his defeat in the 2023 elections.
The APC spokesperson explained that Mr. Atiku’s proposal is attributable to the current economic challenges that the party government inherited from other PDP administrations.
It read: “Since his defeat in the 2023 elections, the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has been restless. There was no blanket condemnation, punctuated by a statement last Sunday that if he had been elected president, he would have acted differently to solve our country’s challenges and transform Nigeria. It was done.
“Mr Atiku’s policy prescriptions were a regrettable rehash of the disastrous policy approaches that brought our country to its knees under the long-term PDP rule in the first place.
“Although Mr. Atiku acknowledges that he would have abolished fuel subsidies and abolished several foreign exchange regimes, he has turned the rampant corruption, inefficiency and economic stagnation under previous PDP governments into a pillar of national policy. He presented an implementation plan that rolled back the same tired and ineffective ideas.
“The policies proposed by Mr. Atiku failed to recognize the complex contradictions, the mistakes of the past, and the extreme urgency of the present.
“His gradualist approach to subsidy removal and exchange rate reform has been tested before with no notable results. Specifically, his preferred managed liquid system It causes extreme harm to the government and gives an unfair advantage to opportunists and cronies who exploit the system and extort money for personal gain.
“Atiku’s gradualist model does not address Nigeria’s age-old problems, it will not fundamentally change the economic structure of our country, and it cannot address the more complex challenges of our time.The Central Bank of Nigeria (CBN) ) has continued to intervene in the foreign exchange market in a reasonable manner to provide liquidity and relieve pressure on the local currency.
“Mr Atiku’s proposed economic stimulus fund and infrastructure development sector are opaque and lack clarity and concrete implementation plans. It advertises a five-point agenda aiming to provide the same, but does not provide details on how to achieve these.
“It is now clear to all that Atiku’s outdated policy prescriptions have no bearing on the strong economic policy framework currently in place by President Tinubu’s administration.
“However, Atiku continues to gaslight Nigerians, stoke anger and take to the streets against his administration’s reform policy plans aimed at rebuilding the country’s economy, which he helped destroy as two-term vice president during the profligate era of the PDP.” made protests possible.
“Mr. Atiku is well aware that price increases are an inevitable consequence of the introduction of the unified exchange rate system and the abolition of petrol subsidies. There is no magic bulwark to prevent it. Atiku did not prescribe anything. Ta.
“President Tinubu remains committed to implementing bold, forward-looking and effective policies that fundamentally address Nigeria’s complex challenges. President Tinubu’s reform agenda, tough as it may be, will benefit current and future generations. to build strong, resilient, vibrant, prosperous and sustainable economies.
Nigerian.
“These reforms are critical to stabilizing the economy, attracting investment, improving the business environment that supports growth and job creation, lifting millions of people out of poverty, and ensuring inclusive development. These reforms are expected to free up more than N1 trillion annually for investment in key sectors such as infrastructure, health, education and social investment programs.
“Mr. Atiku’s persistent and indiscriminate condemnation of administration policies for selfish partisan political interests is an excess of hypocrisy.Nigerians are looking forward to more statesmanship from the former Vice President of the Federal Republic. and it’s worth it.
“We urge Nigerians to redouble their support for President Tinubu’s administration. We urge all Nigerians to redouble their support for President Tinubu’s administration. I am confident that there will be better and brighter days for people.”
