Politics

Labour Party backs PDP, says APC has ruined Nigeria’s economy

The Labour Party has thrown its weight behind the People’s Democratic Party (PDP), asserting that the All Progressives Congress (APC)-led administration, under President Bola Tinubu, has contributed to the deterioration of Nigeria’s economy.

The National Publicity Secretary of the Labour Party, Obiora Ifoh, conveyed this stance in a telephone interview with Vanguard.

Responding to recent remarks by PDP Governors highlighting the hunger and anger prevalent among Nigerians, Ifoh raised poignant questions about the current state of the nation.

He queried whether Nigerians are witnessing an improvement in their standard of living, questioned the stability of the Naira against major currencies, and challenged the government’s effectiveness in reducing corruption and enhancing national security.

Ifoh voiced concerns about an escalating poverty rate in Nigeria, contending that more citizens are succumbing to poverty now than in any previous period in the nation’s history.

He also criticized the government for alleged financial improprieties among its appointees.

His words: “The simple question to ask is, are Nigerians better off today than they were 10 years ago? What is the cost of living today? How much is the exchange rate of the Naira to major currencies especially the United States Dollars today?

“After so much talk, has corruption reduced? What about the security situation nationwide? We can go on and on.

“Today, it is an incontestable fact that more and more Nigerians are falling into the poverty trap today more than ever before in our nation’s history.

“Amidst all these problems appointees of this government are helping themselves to our common patrimony.

“Nigerians are being treated to one financial scandal after another it is unfortunate. Instead of confronting these problems, the ruling party is dissipating energy fueling contrived crisis in opposition political parties.

“No true democracy can survive without credible opposition the type the Labour Party is prepared to continue to provide until we retrieve the people’s mandate in 2027.”

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