ADC Promises To Release Manifesto Within Weeks

The African Democratic Congress, ADC, has assured Nigerians that it’s set to release its manifesto in a matter of  “few weeks”.The party, a coalition of opposition forces in the country, that has resolved to unseat the ruling APC and President Bola Ahmed Tinubu from power, said it’s set to give Nigerians a better life.

A party’s manifesto contains the programmes it plans to execute if it wins an election.

Bolaji Abudullahi, ADC’s Acting National Publicity Secretary made the promise on Tuesday while speaking on Channels Television programme Sunrise Daily.

According to him, the APC government has failed Nigerians by making life difficult for them, citing the removal of fuel subsidy and convergence of the Naira exchange rate as the biggest mistake of the ruling party , stressing that the removal should not have been done at the same time, because of the implications on the economy and livelihoods of the people.

The ADC spokesman spoke barely 24 hours after the party criticised the recently decision of the federal government to rebase the economy.

The NBS, the federal government agency while releasing the rebasing results on Monday said the nation’s GDP is now $243 billion, noting that the economy has rebounded.

Nigeria has now fallen to fourth largest economy in Africa based on the results released by the NBS, behind South Africa, Egypt and Algeria.

Reacting to the NBS figures, ADC said Nigeria is living on borrowed robes, stressing that the NBS “dressed up numbers that make the government look good,” noting that the nation’s GDP which once stood at over $500 billion has seriously nosedived to half that figure under APC.

ADC: “Economic growth is not about dressed up numbers that make the government look good. Economic growth means nothing if it leaves majority of the people behind and is not felt on the dining table, and in the marketplace.”

“Ordinarily, GDP rebasing is a neutral statistical tool to reflect structural changes in the economy. But in the hands of this government, it has become a mirror, exposing the economic decay and leadership failure of the All Progressives Congress (APC) over the years.

“Nigeria’s GDP, which stood at $509 billion in 2014 after a previous rebasing, has now collapsed to $244 billion. In a single decade, Nigeria has fallen from Africa’s largest economy to fourth place, now behind South Africa, Egypt, and Algeria.”