Buhari
The
All Progressives Congress (APC) has urged Nigerians to regard the
'expert analysis and prophesies of the The Economist Intelligence
Unit (EIU), the research unit of The
Economist Magazine
and HSBC,
a multinational banking and financial services company for what they
are and dismiss them accordingly.
The
reports had stated that a second term for President Muhammadu Buhari
would greatly stunt the economic development of the country, among
other doomsday prophesies on the Nigerian nation.
But
the APC in a statement by Yekini
Nabena, Ag.
National Publicity Secretary said the
EIU report indicated that it expected the opposition Peoples
Democratic Party (PDP) to win the forthcoming presidential election
but that the next administration would flounder against the same
problems.
“As
earlier stated, the contents of these reports are nothing but the
usual doomsday prophesies about the Nigerian nation, which has
serially proved false, deceptive, unreliable and tendentious.
“The
All Progressives Congress (APC) urge Nigerians to once again regard
these “expert analysis and prophesies” for what they are and
dismiss them accordingly. We should remember similar prophesies and
analysis about the political situation in Nigeria made some years
back by similar Western institutions. It was prophesied that the
Nigerian federation would collapse in 2015, resulting in some ethnic
nationalities going their separate ways. Here we are, nearly four
years after the doomsday prophesy but the Nigerian federation rather
than collapse is waxing stronger, with the President Buhari
administration striving to unite the country and consolidate
positively on the strength of our diversity.
“We
hasten to ask why it is only negative results and implications
that The
Economist, HSBC and
similar institutions always analyze and prophesy about Nigeria. Are
they blind to all the gains and positive impact the APC
administration is making in relation to ongoing economic reforms,
fight against corruption, infrastructure drive, counter-insurgency
and the campaign to repair of our badly-eroded value system in the
country?
“Compared
to past administrations when public revenue was stolen, the quantum
leap in terms of revenue accrual to the Nigerian treasury by
institutions like Joint Admissions and Matriculation Board (JAMB),
Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service
mean nothing to these “experts”. All the cash and property
recoveries from corrupt public officials of the immediate-past
administration by the Economic and Financial Crimes Commission (EFCC)
are equally of no significance to these “experts”.
The
statement read further: “A former minister in the immediate-past
administration who is resident in the United Kingdom is alleged to
control enough corruptly-obtained assets which value if put to
productive use could have employed thousands of Nigerians. How much
of this loot has the United Kingdom, the base of these experts
returned to Nigeria? Ofcourse, these experts are conveniently
oblivious of these and many similar cases. Rather than consider the
plight of Nigerians and campaign for the return of the stolen funds,
these institutions have chose to dissipate energy spewing doomsday
prophesies on Nigeria.
“In
any case, if the economy, security and social life of Nigerians will
not improve in the so-called emerging post-Buhari administration in
2019, what is the import of this prophesy? Compared to past
administrations which left the country in ruins, Nigerians are
acutely aware of which administration is rebuilding and repositioning
the country.
“We
advise these economic “experts” to focus on their pressing
domestic issues and ponder for example on the important question of
the role Britain will play in the world, post Brexit.
We advise the economic physicians to heal themselves first before
looking out for other patients who have not come to them for
consultation.”
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