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TICAD 7 Shows No Nation Wants To Do Business With Buhari- PDP

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September 1, 2019

Press Statement

…Says Nigeria Can Only Go Down Under Buhari
… Urges Judiciary To Rescue The Nation

The Peoples Democratic Party (PDP) says the disgraceful outing and poor
attention given to President Muhammadu Buhari by world leaders and
investors at the 7th Tokyo International Conference on Africa
Development has further confirmed his rejection by the international
community.

The party describes as a national embarrassment and shame that President
Buhari could not seal any meaningful economic agreement at the
conference but only came home with an empty basket and pocket full of
promissory notes.

The PDP says the conference has shown that no world leader or
international investors want to do any real business with Nigeria under
President Buhari, mainly because of the legitimacy burden of his
Presidency, arising from the rigging of the February 23 Presidential
election, as well as overt impunity, corruption, treasury looting and
recklessness that pervade his administration.

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It is lamentable that while President Buhari and his party, the All
Progressives Congress (APC) are reducing our nation by celebrating a
mere pledge of $300,000 (N108 million) from the Japanese Prime Minister
and a promissory note for 50 million euros from an EU Commissioner, his
Ghanaian counterpart, Nana Akufo-Ado had sealed a deal with automobile
giant, Toyota, to immediately establish a Toyota and Suzuki
manufacturing plant in Ghana with a determined timeline of August 2020
for production.

The multinational had also signed a deal to establish a similar plant in
neighboring Ivory Coast with a Memorandum of Understanding to that
effect already signed last Thursday.

It is instructive to note that Toyota announced that it preferred to
cite the plant in Ghana because of the favourable economic climate
prevailing in the country; a climate, which has taken flight from
Nigeria under President Buhari and worsened since the rigging of the
Presidential election.

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It is saddening that because of President Buhari, our nation, which,
under the PDP had excelled to become one of the world’s fastest growing
economies and a hub for Foreign Direct Investments, is now descending
into a pariah and beggarly nation with no hope in sight.

This development plainly shows that the time is gone when world leaders
and investors embraced manipulated elections and governments that do not
have the mandate of their citizens.

The PDP stands with majority of Nigerians in holding that the only way
to save our nation from imminent collapse is the retrieval of the
Presidential mandate at the court. That is the only way our nation can
enjoy the benefit of an acceptable and purposeful leadership, which will
return her to the path of peaceful co-existence, political stability and
economic prosperity.

Signed:

Kola Ologbondiyan
National Publicity Secretary

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