…Laments 43% FDI Flight

The National Working Committee (NWC) of the Peoples Democratic Party
(PDP) has reviewed the escalating insecurity, rising political
uncertainties, biting economic hardship as well as prevailing tension in
all parts of the country and alarms that the nation is collapsing under
President Muhammadu Buhari and his All Progressives Congress (APC).

The PDP is deeply worried that our nation, which was a prosperity hub
and a reference point for democracy, personal freedom and good
governance, now has all the trappings of a failed state with government,
under President Buhari, being unable to guarantee any of its fundamental
duties to the extent that citizens are now desperate to take their
destinies in their hands.

The national leadership of the party rose from a crucial meeting on
Wednesday noting that the red flag has become urgent following the
manifest total loss of faith by Nigerians, across the board, in the
ability of the Buhari Presidency to provide a democratic leadership that
can engender a peaceful and secure nation.

It is clear that the APC and the Buhari Presidency have held Nigerians
hostage. Nigerians are now being treated like a conquered people. They
can no longer freely exercise their constitutionally guaranteed rights;
Executive high-handedness have become a state policy just as the APC
Government, burdened by challenges of illegitimacy, has lost direction
and only thriving in vindictiveness.

The PDP notes that due to the prevailing anti-democratic proclivities of
the Buhari Presidency, our once cohesive and economically thriving
nation has come under distress on all fronts; never in the history of
our nation has our fault lines become so visible; uncertainty now
envelopes our nation; citizens are nervous and agitated as ominous
hopelessness sets in.

Our party has also noticed that since the defence of the APC and
President Buhari collapsed at the Presidential Election Petition
Tribunal, the APC and its government have taken to harassment and
repression of Nigerians by surreptitiously suspending constitutional
provisions of freedom of speech and association in our country.

Many compatriots are being taken in as political prisoners all in a bid
to foist a siege mentality and suppress public opinion.

Today, the Buhari Presidency cannot guarantee the security and safety of
citizens. Bloodletting and violence have become the order of the day.
Invaders, insurgents, kidnappers and killers have taken over major
highways and communities; our nation’s security machinery have become
overstretched; Nigerians now live in palpable fear; they cannot freely
travel within their country and the government has no answers.

On the economic front, President Buhari has ruined our economy and led
our nation to become the world’s capital of poverty, while condoning the
humongous corruption that has become the hallmark of his failed
administration.

Sadly, President Buhari’s anti-development policies, the corruption in
his government as well as its failure to provide security have scared
away foreign investors from our nation.

Only recently, the United Nations declared that 43 percent of our
nation’s Foreign Direct Investment (FDI) has taken flight to other
countries. Unemployment has gone out of proportion and there is no hope
in sight.

Our worry is that the prevailing situation of hopelessness under
President Buhari and the APC is threatening our national cohesion and
corporate existence as a nation.

The PDP, therefore, calls on all Nigerians of good faith as well as the
international community to come to the rescue by speaking out against
the prevailing situation in Nigeria before it is too late.

Also, the PDP urges Nigerians not to despair but to keep hope alive in
their confidence towards the retrieval of Atiku Abubakar’s stolen
presidential mandate at the tribunal.

Signed:

Kola Ologbondiyan
National Publicity Secretary

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