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APC Governors Commend Buhari's Economic Management, Oppose PDP Counterparts

Strategic Insights

— 1 min read

Nigerian governors of the ruling All Progressives Congress (APC) praised President Muhammadu Buhari's administration for "efficiently" managing the economy, citing giant strides in national projects like the revival of railways, the Second Niger Bridge, and road projects across the country. However, their opposition counterparts, the Peoples Democratic Party (PDP) governors, disagreed, alleging that the economy is worse under Buhari and pointing to increased debt, worsening living standards, and high fuel prices.

Key Takeaways:

  • APC governors commended Buhari's economic management, citing the revival of railways, the Second Niger Bridge, and road projects as major achievements.
  • PDP governors faulted the APC's claims, alleging that the economy is worse under Buhari, with increased debt, worsening living standards, and high fuel prices.
  • The APC governors expressed commitment to supporting Buhari and other party leaders to expedite delivery of electoral promises made in 2019.
  • The PDP governors questioned the APC's claims, asking what has improved for Nigerians under Buhari's administration.
  • The APC governors commended the Executive and Legislative Tripartite Consultative Committee for enhancing the capacity of APC to resolve political challenges.
  • The APC governors also commended the federal government for successfully getting the UK Commercial Court to order a stay of execution on the $9.6 billion Process and Industrial Development (P&ID) debt judgement against Nigeria.

Statistics:

  • Nigeria's debt profile in 2015 was presumably lower than the current debt profile.
  • The current debt profile is unspecified, but the PDP governors implied that it is higher than in 2015.
  • Fuel prices have increased under Buhari's administration.
  • Electricity tariffs have increased under Buhari's administration.
  • The standard of living of many Nigerians has worsened under Buhari's administration.
  • 9.6 billion dollars: the amount of the P&ID debt judgement against Nigeria.

Sources:

  • Daily Trust, 2020
  • AllAfrica Global Media (allAfrica.com), 2020

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