Buhari’s govt is clueless with no economic plan for Nigeria – Makarfi

The Peoples Democratic Party, PDP Caretaker Committee, has described the President Muhammadu Buhari’s government as clueless with no economic plan for nigeria.

The committee under the leadership of Ahmed Makarfi made the remark faulting the claims by Buhari saying his government has has met the aspirations of Nigerians in the  areas of security, anti-corruption and revitalising the economy.

In a statement by its spokesperson, Dayo Adeyeye, the faction insisted that the All Progressives Congress, APC, has failed woefully in the last two years.

According the party, the immediate past administration-led by former  president Goodluck Jonathan handed over a buoyant economy to President Buhari, but the APC administration has plunged the country into a recession.

The statement reads, “The immediate past PDP government of Dr. Goodluck Jonathan grew Nigeria’s GDP from $270.5 billion in 2009, and handed over a Nigeria that had grown to become the fastest growing and largest economy in Africa and the 24th largest in the world, with a GDP of $574 billion. In May 2015, the PDP also handed over a single digit inflation rate but today, inflation rate is at a double digit of 17.26 per cent.

“The Buhari government is indeed clueless and had no economic plan until March 2017 when it launched the so-called recovery plan. The economy is at a standstill. Major infrastructural development that began with the previous administrations of the PDP have been abandoned.

“Power generation dwindled from over 5,000mw in 2015 to the present all time low of less than 2,000mw. The only project of note that this government has ever commissioned is the Abuja-Kaduna railroad which was 99 percent completed by the PDP administration.”