The National Executive Committee (NEC) of Peoples Democratic Party (PDP) has called on President Bola Tinubu to appoint people with proven integrity and competence to reposition the country’s economic situation.
The leading opposition party in the country also called on the Federal Government to review the hike in electricity tariff and other economic reforms.
PDP made the call on Thursday after the National Executive Council meeting.
According to the party’s spokesperson, Debo Ologunagba, said “NEC also demands that President Tinubu should immediately rejig his Economic Team to bring in persons of proven integrity and competence without bias and vested interest to assist in repositioning the economy.
“NEC further demands that the Federal Government should review all policies and programmes which are stifling the economy with suffocating effects on the lives of citizens including the increase in the price of fuel without cushioning measures, hike in electricity tariff, increased taxation and implementation of adverse fiscal policies.”
With the country facing insecurity in different dimensions, the PDP wants President Tinubu to “urgently convene a special National Security Council meeting to proffer a holistic solution and measures to curb the disturbing insecurity with its attendant negative consequences on our national life.”
In its response to the calls, the Presidency faulted the PDP for its comment on the economy, insisting that the government’s reforms are yielding fruits.
According to Bayo Onanuga, who is the President’s Special Adviser on Information and Strategy said “The results are already showing. Contrary to the pessimism and wishes of some PDP leaders, the National Currency has become the world’s best-performing, appreciating by almost 50 percent against the dollar in a few weeks.
“The exchange rate is stabilising as a convergence has been reached between the official and so-called parallel markets. The contrived pall of gloom cast over our nation has faded out and renewed hope is now on the leash.”
“The President’s economic team is doing well and no sane government will change a winning team that is working in sync with the advisory of the private sector, state governors, and economic gurus in the country,” Onanuga said.
