In a statement last night by the spokesman of the PDP, Prince Dayo Adeyeye, the party said the crass ineptitude and lukewarm-attitude of the All Progressives Congress (APC) administration could no longer be tolerated.
“Therefore, we are calling on President Buhari and his team to return Nigeria to its state of booming economy before they assumed office in May, 2015, and then quit immediately to allow other capable leaders recover our ailing economy”, the statement added.
The party further expressed worry over the state of affairs in the country, particularly the statement attributed to the Finance Minister, Mrs. Kemi Adeosun, to the effect that “recession is just a word”, a statement the minister had since denied.
“Is this statement as a result of ignorance, lack of patriotism or in-line with President Buhari’s comment that his ministers are noise makers?”, the party queried.
The statement continued, “For the record, recession is characterised as a period of negative economic growth for two consecutive quarters, given rise to high rate of unemployment, fall in output, increase in government borrowing, etc. Following this understanding, Nigeria’s economy is already near depression.
“For instance, recall that about three airlines, local and international, like some banks have suspended operations and sent their workers on indefinite leave due to poor state of the economy.”