APC, Peter Obi disagree on Tinubu’s performance

The All Progressives Congress (APC) has mentioned President Bola Tinubu deserves the help and endurance of Nigerians to consolidate the deep financial basis he has laid.

This comes after Peter Obi, the 2023 Labour Occasion presidential candidate, claimed in his New Yr message that the nation’s political, financial, and safety state of affairs is worsening each day.

Mr Obi had expressed issues over the nation’s worsening political, financial and safety state of affairs.

The previous governor of Anambra State famous that regardless of the federal government’s claims of enchancment, the nation stays one of many world’s poverty capitals, with over 100 million folks residing in excessive poverty and 150 million in multi-dimensional poverty.

He mentioned the N70,000 minimal wage is ineffective as staff can’t afford a bag of rice or half a bag of beans.

Mr Obi requested President Bola Tinubu to scale back the price of governance and allocate assets to crucial areas like safety, well being, training, and poverty alleviation.

He additionally referred to as for a visual and aggressive strategy to combating corruption, guaranteeing correct investigations and recoveries of lacking funds.

Nevertheless, the APC spokesperson, Felix Morka, in a press release on Thursday, described Mr Obi’s declare as deceptive and supposed to attain low-cost political factors.

Based on Mr Morka, the financial system has proven vital progress within the final 18 months, with a gentle file of progress, a large stability of commerce surpluses, and a surge in international direct investments.

He attributed this growth to elevated confidence within the financial system, enhanced international reserve, and a big decline within the debt servicing ratio from 90 to about 64 per cent.

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Mr Morka additionally famous that the administration is working to make sure that the continued reforms ship their fullest advantages for the nation’s sustainable progress and transformation.

“President Tinubu has acknowledged that the price of meals and important medication stays a big concern for a lot of Nigerian households.

“He has assured that his administration is dedicated to decreasing meals costs by boosting meals manufacturing and selling native manufacturing of medicine.

“He has additionally vowed to scale back inflation from 34 per cent to fifteen per cent in the middle of this fiscal 12 months.

“With the vigour within the administration’s struggle on corruption, Tinubu is popping the nation’s fortunes round,” Mr Morka mentioned.

He harassed that Mr Tinubu deserved the help and endurance of Nigerians to consolidate on the deep financial basis he had laid.

Mr Morka recalled that the president additionally hinted at his administration’s readiness to contemplate a nationwide residing wage that might deal with the residing situations of staff as a substitute of a minimal wage.

“It is a vital transfer, because it exhibits that the federal government is keen to take heed to staff’ issues and take concrete steps to enhance their welfare.

“Tinubu is dutifully turning the nation’s fortunes round, and he deserves the help and endurance of Nigerians to ship a vibrant, affluent new Nigeria for the nice of all,” he mentioned.

(NAN)