A chieftain of the Peoples Democratic Party, Alhaji Buba Galadima, has claimed that Nigeria recently experienced economic recession because President Muhammadu Buhari’s body language and pronouncements scared foreign investors away,
He also said the presidential candidate of the PDP, Alhaji Atiku Abubakar, had the capacity to fix the nation’s economy and rescue it from recession.
He said, “I do not accept the defence of this administration that we found ourselves in recession because somebody else mismanaged the economy.
“The truth is that, by his body language and pronouncements, Buhari scared foreign investors who began to withdraw their money from the stock market.
“They were so much in a hurry to leave that they were ready to buy the dollar at any price. That is what caused the recession.
“Because of that, insecurity has spread to many other parts of Nigeria, including Zamfara, Plateau, Benue, Taraba and all the way to Kogi where people cannot sleep with their two eyes closed.”
Galadima, who is one of the spokespersons in the PDP Presidential Campaign Council, stated these in Abuja on Friday during the unveiling of a new book entitled: “Atikunomics – The Economic Pillar for a New Nigeria”, written by a journalist, Victor Emeruwa.
He described the book as a window into the thinking of how Atiku would achieve reformation and restructuring of the country.
According to him, the book will give Nigerians an insight into Atiku’s economical thinking and how he will pull Nigeria out of its present economic and developmental crises.
The PunchP
