The Peoples Democratic Party (PDP) has asked President Muhammadu Buhari to step down with immediate effect.
Dayo Adeyeye, spokesman of the party’s caretaker committee, said this in a statement he issued in Abuja on Wednesday.
Referring
to the statement “recession is a word”, credited to Kemi Adeosun,
minister of finance, Adeyeye said: “Is this statement as a result of
ignorance, lack of patriotism or in line with President Buhari’s comment
that his ministers are noise makers?
“For the record, recession
is characterised as a period of negative economic growth for two
consecutive quarters, giving rise to high rate of unemployment, fall in
output, increase in government borrowing, etc.
“Following this
understanding, Nigeria’s economy is already near depression. The crass
ineptitude and lukewarm attitude of this All Progressives Congress
government is no longer tolerable, and therefore, we are calling on
President Buhari and his team to return Nigeria to its state of booming
economy before they assumed office in May, 2015, and then quit
immediately to allow other capable leaders recover our ailing economy.”
Adeyeye
said about three airlines, local and international, and some banks,
have suspended operations and sent their staff on indefinite leave due
to poor state of the economy.
source: CableNg
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