Seemberg News

Latest Nigeria Business News

APC has turned Nigeria upside-down – Ogun PDP senatorial candidate, Aderinokun

Share:

The senatorial candidate of the Peoples Democratic Party (PDP) in Ogun Central, Olumide Aderinokun has accused the All Progressives Congress (APC) of turning the nation upside down.

Aderinokun said the President Muhammadu Buhari-led APC had left Nigeria in a pathetic situation, saying the country now “finds itself in a state of emergency with fears that the worst may happen to the economy and security.”

Aderinokun lamented what he called the huge fall in the country’s excess crude oil account, the dwindling in the value of the Naira and sequential attacks by terrorists in the Federal Capital Territory and other parts of the country.

“Our economy is in a state of jeopardy because the government has alerted us that they are spending all their revenue on debt servicing, which simply means we are on a cliff,” Aderinokun said.

The senatorial candidate expressed sadness that “the same government is still saying the account for excess revenue from sale of oil has shrunk from $35million to $376,000 within a year.”

He said the nation found itself at a stage where the APC government still tried to earn praise “for driving us to predictable debt crises with no economic achievement.

“They have turned everything upside down and are trying to normalise recession.

“The world is suffering from inflation but it does not stop the government from protecting Nigerians with internal mechanisms, and we should not have gotten to this place.”

Aderinokun also condemned the ongoing Academic Staff Union of Universities (ASUU) strike, which has kept students out of school since February.

The Akinruyiwa of Owu called on the Federal Government to respond to the lecturers’ demands and take up the issue with seriousness.

He added: “It should not take this long for the government to call ASUU for dialogue and find a solution to the lecturers’ demands.

“Everyday we see our youths at home while their mates in private universities are two levels ahead of them. Some are yet to complete their admission process since last year and we have another batch that wrote JAMB this year. This is not normal.”

Previous Article

FCMB Group posts 73.2% profit, leverages renewable energy

Next Article

Gov. Masari appeals to APC flagbearers to woe primary elections losers

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *