Steve Hanke’s Report Is Proof That Nigeria Has Sank Under Buhari – PDP

Opposition party, PDP have said Steve Hanke’s report which revealed that Nigeria is the 6th miserable country in the world is the proof we need that the country has sank into a fresh low under President Muhammadu Buhari in his first four years in charge.

Hanke, a popular economist at John Hopkins University, United States of America disclosed in the publication that Nigeria is 6th on the ignoble list of world’s most miserable countries, behind Venezuela (Ist), Argentina (2nd), Iran (3rd), Brazil (4th) and Turkey (5th), due to its high rate of unemployment which is the major contributor to her “misery. ”

Reacting, PDP Spokesman, Kola Ologbondiyan warned Buhari and APC to forget about the Value Added Tax increase they are working on as that will only boost the pain of the common Nigerian.

His words, “That report is a vindication of the position of the Peoples Democratic Party, all this while. The economy has virtually collapsed under President Buhari and the man is even mooting the idea of piling more pressure on Nigerians.

“Nigerians have never suffered like they are suffering today because those charged with the responsibility of managing the economy have failed completely. They have no idea of what it takes to manage an economy like ours.

“As an opposition party, we call on the Presidency to take urgent steps to fine-tune the economy, create jobs for our teeming youths if only to justify that a government is in place.

“In the interim, we advise them to stop their plan to increase VAT as that will only fetch millions of Nigerians additional pain and discomfort.”

“Nigerians can now see that indeed, the PDP don’t just do criticisms for the fun of it. We are talking of a report that searchlighted economies of countries in different continents of the world. Our beloved country is in shambles but there is no doubt we will reclaim it for the people at the appointed time.”