PDP lists ways President Buhari allegedly crippled Nigerian economy

PDP lists ways President Buhari allegedly crippled Nigerian economy

The Peoples Democratic Party, PDP, has listed ways President Muhammadu Buhari allegedly crippled Nigeria’s economy.

The party was reacting to President Buhari’s claim that he inherited a bad economy when he took over power in 2015.

President Buhari, while receiving the Sierra Leone President, Julius Bio at the Presidential Villa yesterday, said he inherited similar economic challenges as a newly installed leader.

But reacting to this, the National Publicity Secretary of the PDP, Kola Ologbondiyan, refuted the claim.

He told Punch, “With all due respect, President Buhari inherited the fastest growing economy in Africa when he took over from the PDP administration in 2015.

“He came to power without a clear cut economic policy; his administration mismanaged the economy and threw up the recession we suffered.

“At the earliest turn of his administration, he embarked on the de-marketing of our nation; he embarked on a foreign exchange policy which pursued a multiplicity of exchange rates which led to foreign investors leaving in their numbers.”

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