Buhari economic with the truth, says PDP

Abuja – The ruling People’s Democratic Party
accused the former Head of State and one of the
All People Congress (APC) presidential election
hopefuls, Muhammad Buhari, for misrepresenting
facts and figures as he officially declared his
interest to contest the poll.
He declared his intention on Wednesday.
“While we congratulate and wish him well in his
ambition, we have noted some distortions and
misrepresentation of facts in his speech and
consequently wish to put the record straight,”
PDP said in a statement its spokesperson, Olisa
Metuh, released.
However, PDP pointed out, the fact remained
that as at May 29 1999 when PDP took office,
Nigeria was generating 1600 megawatts of
electricity, contrary to the opposition leader’s
sentiments.
“We urge Nigerians to fact-check on this.
Corroboration of this figure can also be sought
from the World Bank, the IMF and multiple other
authoritative sources. In contrast, it is common
knowledge that under the transformative
leadership of President Goodluck Jonathan,
Nigeria now generates 4568 MW of electricity; a
triple of what was generated in 1999,” PDP
argued.

Metuh added that the fact can be verified from
the hand-over notes from the military as well as
from the World Bank and International Monetary
Fund was that Nigeria was the third largest
economy in Africa in 1999, behind South Africa
and Egypt.
Nigeria is now rated the continent’s biggest
economy.
“It is incontrovertible that in the last 15 years of
PDP leadership, especially the last three years of
dynamic and purposeful administration provided
by President Jonathan, Nigeria’s economy has
become the largest in Africa and the 26th largest
in the world,” PDP stated.
According to Metuh, in the last 15 years under
the PDP, the last three years of vigorous
application of the Agricultural Transformation
Agenda, there had been an unparalleled
government input in agriculture, thereby pushing
production to an all-time high.
Moreover, PDP said, Nigeria food import has
reduced from N1,1 trillion in 2010 to N684
billion.
“While we understand that the APC is hell-bent
on using every opportunity at its disposal to
discredit the PDP in quest for political control, we
urge their handlers to always cross-check their
facts and stop making mockery of respected
Nigerians in the mould of Buhari.”
Buhari, during his declaration for the presidential
race said Nigeria was generating 4000 MW of
electricity in 1999 but had fallen short of that
capacity under the PDP.
He stated that a growing economy which the
PDP inherited in 1999 had been “destroyed”
within 15 years in office.
“This also does not represent the reality on the
ground,” PDP concluded.

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