Why PDP can’t advise Tinubu on governance, says group

Nigeria’s pro-democracy group, The Democratic Front TDF has cautioned the Peoples Democratic Party PDP against dabbling into issues they know nothing about, saying the country’s main opposition cannot arrogate to itself the knowledge to reposition the nation’s economy having plunged it into ruins for 16 years.

The group which said it was reacting to the communique issued by PDP at the end of it National Executive Committee meeting, argued that the country has still not recovered from the mindless plundering of the economy in the PDP years. “Who will easily forget the ring-fencing of hundreds of state-owned companies and investments through an opaque privatization process, the massive diversion of oil revenues into private foreign bank accounts as well as the unconscionable sale and concession of the Nigeria power sector to unqualified and incompetent proxy companies.

“In less than a year of inception, the President’s economic team has pushed through policies that have led to increased revenue accruals into the Federation Account Allocation Committee FAAC, better economic outlook and increased Gross Domestic Product GDP projection, a more stable naira against other currencies, increased foreign exchange inflows into the country.

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