Recession disaster: Under Buhari, Naira has become Africa's worst currency - Ekweremadu spits
Senator Ike
Ekweremadu, the Deputy President of the Senate, on Monday, February 20,
lashed out at the All Progressives Congress (APC) government led by
President Muhammadu Buhari, saying the economy has suffered more crisis
under the new administration.
According
to Punch, Ekweremadu said this at the Peoples Democratic Party’s
national stakeholders’ meeting held at the Ekiti State Governor’s Lodge,
Asokoro, Abuja, on Monday.
The Deputy Senate President, while decrying the worsening economic conditions of the country, alleged that “all APC promises had been kept in the reverse order.”
A Naira to a Dollar lie
He was quoted by his Special Adviser on Media, Mr Uche Anichukwu, as saying, “They
told us that one US dollar would be one naira when they take over. Has
that happened? Today, our currency is the worst currency in the whole of
Africa.
Is that the type of
democracy we looked forward to? I can see a situation where the price of
oil is going up and the value of naira is going down. What type of
economics is that?”
Remain strong comrades
Ekweremadu, however, enjoined PDP faithful to remain strong as the party would “work with Nigerians to restore true democracy and hope to our people.”
He said: “I believe that with determination and sticking together, we will triumph and Nigeria will be better for it.”
The Deputy Senate President also condemned what he described as the
manipulation of vital institutions of democracy and radical decline of
democratic freedoms in Nigeria.
He also said the solidarity of all key organs of the PDP for the
Senator Ahmed Makarfi-led National Caretaker Committee, despite the
recent judgment of the Court of Appeal on the party’s leadership tussle,
showed that “it is not the hood that makes the monk.”
Ekweremadu,
while condemning the sealing of the International Conference Centre,
Abuja, the earlier announced venue of the meeting, by the security
agencies, said that “such flagrant manipulation of critical institutions of democracy is not only dangerous,
but bad news for the nation’s democracy.”
Manipulation of the institution of democracy
He said: “We
are aware that all the institutions of democracy are being manipulated
and harassed in this country. The National Assembly and the press are
not left out.
The Independent
National Electoral Commission has been captured and now a part of the
APC. Our judiciary is being insulted and assaulted every day. Their
houses are being attacked very late at night and the judges are being
harassed.
“So, we are not
surprised at what we are seeing today (sealing of meeting venue)? But
what remains is for us to remain resolute.”
Political persecution
The Deputy Senate President expressed his displeasure at what he described as the rising political persecution in the country.
He said: “If you look around
this room, you will see a lot of people who are being harassed,
persecuted and taken to court. What is their offence?
They claim they allegedly received stolen property, yet, nobody has been arraigned for the actual stealing.
As
a lawyer, I know that if you are being arraigned for receiving stolen
property, you must first of all arraign the man who stole the property.
That is not so in our own case. Is that democracy?”
Ekwememadu
urged party members to remain resolute and protect the soul of the PDP
and the nation’s democracy, insisting that the party leaders were made
by the party faithful and could never be imposed from the outside.
He said: “We
have heard there was a judgment in Port Harcourt. Now, those who
benefitted from the judgment, where are they? Are they with our former
ministers? Are they with our National Assembly members? Are they with
our governors? Which organ of the party are they with or is with them?
The truth is that it is not the hood that makes the monk.”
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