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Rising Uncertainties: PDP Laments 43% FDI Flight, Says Nigeria Collapsing Under Buhari

Next Edition by Next Edition
August 8, 2019
in Headline News
PDP Says Reaction of Buhari’s Camp to Igini’s interview Admission of Guilty

kola ologbondiyan

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The National Working Committee, NWC, of the Peoples Democratic Party, PDP, has decried the recent declaration by the United Nations that 43 percent of Nigeria’s Foreign Direct Investment, FDI, has taken flight to other countries.

The party, after reviewing the escalating insecurity, rising political uncertainties, biting economic hardship as well as prevailing tension in all parts of the country, has raised an alarm that the nation is collapsing under President Muhammadu Buhari and his All Progressives Congress, APC.

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The PDP, therefore, called on all Nigerians of good faith as well as the international community to rescue the country by speaking out against the prevailing situation in Nigeria before it is too late.

The party in a press statement signed by its National Publicity Secretary, Kola Ologbondiyan, expressed deep worriy that the nation, which used to be a prosperity hub and a reference point for democracy, personal freedom and good governance, now has all the trappings of a failed state under President Buhari.

Th party noted that since Buhari came into power, he has not been able to guarantee any of its fundamental duties to the extent that citizens are now desperate to take their destinies in their hands.

The party leadership, after a crucial meeting on Wednesday noted that the red flag has become urgent following the manifest total loss of faith by Nigerians, across the board, in the ability of the Buhari Presidency to provide a democratic leadership that can engender a peaceful and secure nation.

The party said “It is clear that the APC and the Buhari Presidency have held Nigerians hostage. Nigerians are now being treated like a conquered people. They can no longer freely exercise their constitutionally guaranteed rights; Executive high-handedness have become a state policy just as the APC Government, burdened by challenges of illegitimacy, has lost direction and only thriving in vindictiveness.”

The PDP noted that the prevailing anti-democratic proclivities of the Buhari Presidency, has brought the once cohesive and economically thriving nation under distress on all fronts.

It also said that since the defence of the APC and President Buhari collapsed at the Presidential Election Petition Tribunal, the APC and its government have taken to harassment and repression of Nigerians by surreptitiously suspending constitutional provisions of freedom of speech and association in the country.

“Many compatriots are being taken in as political prisoners all in a bid to foist a siege mentality and suppress public opinion.

“Today, the Buhari Presidency cannot guarantee the security and safety of citizens. Bloodletting and violence have become the order of the day. Invaders, insurgents, kidnappers and killers have taken over major highways and communities; our nation’s security machinery have become overstretched; Nigerians now live in palpable fear; they cannot freely travel within their country and the government has no answers.

“Sadly, President Buhari’s anti-development policies, the corruption in his government as well as its failure to provide security have scared away foreign investors from our nation and as a result, unemployment has gone out of proportion and there is no hope in sight,” the party said.

Tags: PDP
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