How Buhari’s Leadership Style Threw 60m Nigerians Out Of Job |The Source

By Akinwale Kasali

60 million Nigerians have recently been thrown out of job by the President Muhammadu Buhari Government.

The opposition Peoples Democratic Party, PDP, which revealed this attributed this sad situation to bad governance, Leadership style and poor economic policies as the major issues.The party said it has thrown, and  plunged the Nation into an unbelievable low which has now manifested  in the worst  recession ever.

Proof, according to PDP’s National Publicity Secretary, Kola Ologbodiyan, is the National Bureau of Statistics (NBS) report that the economy has plunged into another recession within five years, thus confirming its position that the APC-government lacked the competence to run a national economy.

The party accused the Government of insincerity in its performance claims and rating.

The PDP claimed it handed over to the APC, in 2015, an economy that was rated the fastest growing in world.

The statement reads: “Indeed, President Buhari will be the first, in our history, to score a hat-trick, in plunging his nation into economic recession, both as military and civilian leader.”

It blamed the economy’s relapse into recession on alleged “restrictive and anti-trade policies, bizarre foreign exchange controls and monetary policies that impede growth.”

Besides, the PDP blamed the development on over-bloated public sector that encourages sharp practices.

“This has crippled domestic production and competiveness, eroded investors’ confidence and occasioned a dearth in foreign direct investment, leading to the economic contraction we have continued to witness under Buhari’s watch.”

According to the PDP, more than 60 million Nigerians have been rendered jobless, lamenting that the rising insecurity had forced millions of businesses to close shops and millions of farmers abandoning their farmlands.

The party lamented that the latest petrol price has impacted negatively on the disposable incomes of Nigerians.

The statement reads: “We however insist that poor management and not the high cost of crude oil in the international market is responsible for high costs of domestic price of fuel.”

It also condemned the border closure policy, urging the government to reflate the economy with funds allegedly stolen by public officials.