Tinubu’s Economic Team Doing Well, Presidency Replies PDP

By Sunday Etuka, Abuja 

The Presidency has replied the Peoples Democratic Party (PDP), that the President Bola Tinubu’s economic team is doing well and no sane government, will change a winning team, that is working in sync with the advisory of the private sector, state governors and economic gurus in the country.

This is coming on the heels of the call made by the party that the President should rejig his Economic Team to bring in persons of proven integrity and competence without bias and vested interest to assist in repositioning the economy.

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PDP made the call in a Communique Issued at the end of its 98th National Executive Committee (NEC) Meeting on Thursday in Abuja.

It further demanded that the Federal Government should review its policies and programmes stifling the economy with suffocating effect on the lives of citizens.

However, in a swift reaction, the Special Adviser to the President on Information and Strategy, Bayo Onanuga said, the PDP NEC got it wrong.

Onanuga noted that unlike the PDP administration of 16 years, the Tinubu administration has been confronting the problems of our country headlong, moving for an audacious reset that will firmly put our country on a solid economic pedestal.

He added that “contrary to the pessimism and wishes of some PDP leaders, the National Currency has become the world’s best performing, appreciating by almost 50 percent against the dollar in few weeks.

“Exchange rate is stabilising as a convergence has been reached between official and so-called parallel market.

“The contrived pall of gloom cast over our nation has faded out and renewed hope is unleashed.

“Such is the positive trend that the APC economic programme is generating that the IMF has reviewed upwards the growth projection for our country this year from 2.9 percent to 3.3 percent.

“The administration is targeting a higher growth with its plans to embark on audacious infrastructure projects, such as the Badagry-Sokoto Highway and the Lagos-Calabar Coastal Highway.

“The latter has attracted unwarranted attack by one of the PDP leaders, blinded by the huge economic benefits of the highway project”, he said.

The SA said, it was surprising that the PDP under whose watch Boko Haram was born in 2009 and worse of all, which looted the billions of dollars earmarked to equip our armed forces and the police, could so unabashedly blame the Tinubu administration for what it wrongly termed increasing spate of terrorism and banditry.

“This is far from the truth. Security has improved, with fewer cases of terrorist attacks and banditry recorded.

“In recent weeks, over a thousand kidnapped victims, some whose kidnapping antedated this government were rescued by our gallant armed forces, without government paying any ransom.

“The PDP is advised to harmonise its home first, rather than accusing President Tinubu of trying to entrench one party state.

“President Tinubu nurses no such plan as it only exists in the imagination of the opposition PDP”, he stated.

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