President Buhari Turned Nigeria's Economy Upside Down'—Labour Party

 

Former President Olusegun Obasanjo has been described as the best president Nigeria ever had.

The description came from the Labour Party (LP) sequel to the series of reactions against the endorsement of the party's presidential candidate, Peter Obi, by the former president.

In a statement issued by the party's National Publicity Secretary, Dr. Abayomi Arabambi, the roles played by the former president in ensuring the corporate existence of Nigeria were reiterated.

In lambasting the presidency for its vituperations and short memory on the avalanche of success stories recorded by the Olusegun Obasanjo administration which the APC administration finds it difficult to match in their almost eight (8) years of gross incompetence, the LP argued that “while Obasanjo is not seeking for any office, neither is he in contention with any individual, his achievement as a military Head of State and a civilian president marks him out as the first and best president ever produced in Nigeria that was able to set Nigeria and Nigerians free from the slavery of the then accumulated foreign debts by negotiating Nigeria’s debts with the Paris Club even to the surprise of the so-called 'self-acclaimed achievers'.

“We wish to remind the Buhari APC Administration that it was Chief Olusegun Obasanjo's administration that negotiated and secured a final agreement for debt relief worth $18 billion and an overall reduction of Nigeria’s debt stock by $30 billion, which was completed on April 21, 2006, when Nigeria made its final payment and its books were cleared of all Paris Club debt.

“The Obasanjo administration's landmark achievement as a government also brought about an improved economy and shot up Nigeria as the biggest economy in Nigeria which President Muhammadu Buhari-led All Progressives Congress government had turned upside down by bringing more hardship on Nigeria and Nigerians with unprecedented debts; thus Labour Party appealed to Nigerians to give Peter Obi/Datti Ahmed the chance to restructure the battered economy, insecurity, and large-scale corruption ongoing in the APC-led government in the country.

“Former President Obasanjo's administration in terms of workers' welfare, is unbeatable, his infrastructural turnaround of Nigeria is unparalleled, while his economic policy is unrivalled until today.

"We need not remind Garba Shehu that all the debts that his master is busy acquiring today while during the administration of Chief Olusegun Obasanjo were completely written off, his administration pursued a clean and clear economic policy that is today helping Nigeria to have a lifeline.

“The anti-corruption agencies he put in place were at their best during his administration, all Nigerians have a sense of belonging as he identified the best hands, and engaged them and all Nigerians, including the international community, knew that truly Nigeria has overcome years of military despondency.

“Labour Party sympathises with Garba Shehu and his master as the Buhari administration remains the most unfocused and crisis-ridden administration with nepotism and other vices at its highest.

“The poverty level under the so-called self-achievers is at an alarming rate today. Yes, some people without shame will continue to cast aspersions on those that brought Nigeria out of the woods.

“We will continue to focus on how Peter Obi will emerge as president of Nigeria and also see ways to clean all the mess put in place by this administration, we will continue to campaign to our people to forgive the sins of this administration and come out in full to vote for His Excellency, Mr. Gregory Peter Obi and Ahmed Datti and other Labour Party candidates from Top to bottom.

“LP appreciates Chief Edwin Clark, other leaders of thought, elders, opinion leaders, and Governor Ortom who have spoken out to endorse our candidate. We call on all youths of voting age and adults to come out and shame those who thought Nigeria's presidency is their birthright. LP knows that you can, and we can also.” 

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