By Emmanuel Aziken, Political Editor & Henry Umoru
Peoples Democratic Party, PDP, yesterday, accused the Muhammadu Buhari’s administration of abandoning sound economic management and giving priority to the persecution of its political opponents.
The party’s admonitions were immediately dismissed by the ruling All Progressives Congress, APC, which flayed the PDP claims as distractions aimed at aborting the urgent moves by APC to clear 16 years of mess left by PDP administrations.
PDP had, in a statement issued by its National Publicity Secretary, Chief Olisa Metuh, expressed its full support for the administration’s moves to check corruption, but expressed concern that the economy was on a free-fall on account of what it claimed as Buhari’s failure to articulate a fiscal policy direction and assemble an economic team.
PDP said it was duty-bound, beyond politics, to draw the President’s attention to the grave situation ahead, especially in the light of prediction of oil selling for $20 per barrel in the immediate future.
It said: “It is worrisome that while other countries are taking deliberate steps to enhance their investment profiles and hedge their economies, the APC-led Federal Government has done nothing in that direction.”