Recession: Stop crying like helpless baby – PDP tells APC

The Peoples Democratic Party has asked President Muhammadu Buhari and his party, the All Progressives Congress, to face the challenge of putting the economy in a good shape instead of “crying like a helpless baby.”

It also said that the ruling party lacked vision to run the economy.

The main opposition party, which ruled the country from 1999 to 2016, also said that the APC’s incompetence and poor handling of the economy caused recession.

Consequently, it said that President Buhari and the APC should stop blaming former President Goodluck Jonathan for the current state of the economy.

The spokesperson for the PDP National Caretaker Committee, Prince Dayo Adeyeye, said this in a statement he signed in Abuja on Sunday.

Adeyeye said the PDP had noticed that some governors of the APC had also joined the fray by blaming the former ruling party and Jonathan for the current hardship in the country.

Specifically, he mentioned the Governor of Jigawa State, Abubakar Badaru, as one of those who he said were of the opinion that the last PDP administration was responsible for the current economic recession.

Adeyeye said, “It is really disappointing that a notable personality as highly-placed as a state governor could be drawn into making idle and pedestrian claims without the benefit of facts.

“It is either he does not realise the obligation of speaking responsibly in that position or he is grossly ill-informed.

“In which case, we could only try to put the facts before him, and hoping he would recognise them.

“In the first place, this blame is misplaced because our elementary understanding of economics teaches us that the major cause of recession is inflation and poor handling of the economy given that the higher the rate of inflation, the more impoverished people become, industrial production and GDP decline resulting in massive job losses.

“Perhaps, we should quote those who should know and tell Governor Badaru that wrong economic policies of the APC-led government caused the current stagnation and recession in the country.”