Opposition party PDP has called for the resignation of President Buhari following the new statistics released Wednesday by the National Bureau of Statistics, indicating that Nigeria is currently experiencing economic recession. The party made the call in a statement released today. Part of the statement reads:
'Nothing better showcases the absolute ineptitude and incompetence of the Muhammadu Buhari administration than the GDP, Inflation and unemployment figures released by the Nigerian Bureau of Statistics today.
These figures reveal what we have repeatedly said over the last 15 months , President Buhari is destroying the Nigerian economy.
For the avoidance of doubt, some of these figures include: GDP contracted by -2.06% in Q2 2016. In contrast, the economy grew by 2.35% in Q2 2015. This was worse than -0.36% in Q1 2016. Headline Inflation for July 2016 stands at 17.1%. It was 16.5% in June 2016. Food inflation was 15.58% for July 2016 from 15.3% in June 2016. Portfolio investment declined to $245.3m in Q2 2016. This is a 9.5% from $271.0m in Q1 2016 & is a far cry from $2.81bn in Q2 2015. FDI declined from $211.1m in Q2 2015 and $174.4m in Q1 2016 to an estimated $133.0m in Q2 2016. Total value of capital imported in Q2 2016 is estimated at mere $647.1m.
This is the lowest quarterly figure since Nigeria started keeping records of capital importation. It is a decline from $710.9 m in Q1 2016 & a far cry from $2.67bn in Q2 2015. A total of 4,580,602 people have lost their jobs since May 29, 2015. The number of persons in full time employment decreased by 351,350 in Q2 2016 compared to Q1 2016.
The result of these indices is that Nigeria is in its worst economic state for 29 years – dating back to 1987 when the nation had to take harsh steps to recover from President Buhari's policies of 1984-85. As with 1984-85, companies are fleeing our shores in droves.
Manufacturers Association of Nigeria (MAN) recently stated that more than 272 companies have shut down in the past 1 year. Furthermore, like we suffered in 1984-85, we are suffering a brain drain where our best & brightest talents are leaving the country in search of a better life elsewhere.
It is disheartening that the Buhari administration is destroying the Nigerian economy & our collective future by the implementation of his archaic & incoherent economic policies which failed in 1984-85 & are failing spectacularly now. Our dismay is made worse by the fact that every sphere of the Nigerian socio-political space (ranging from the conduct of elections human rights, respect for the rule of law, security, technology, health etc) is negatively affected by Buhari's government.
We join all well meaning Nigerians to call on Buhari to resign if he is unable to reverse the economic decline he has brought on us. May God bless Nigeria, especially in these very difficult times".
72 comments:
Seconded. The ineffectual buffon should resign if he does not know what he is doing.
I see PDP is trying to remain a relevant opposition... I'll take my chances with GMB!
He should be impeached like the Brazilian President.
Truth be told..people are suffering.forget ethnic group or political parties,the nation is in chaos and He lacks the brain to sail it to a safety path!
Jus speechless
Yes!!! BUHARI MUST RESIGN.
#BuhariMustResign
😂😂😂😂😂
Yes ooo make him comot
To hell with PDP and their leaking umbrella. You people brought us into this tough situation with your corrupt, incompetent and imbecile leaders like GEJ and OBJ. One thing that I know for sure..My dear country Nigeria will come out of this recession stronger and be GREAT again.
Resign for what they caused? Only in naija
Nkea bù akùkò na egwu Mike Ejeagha...
We must survive by d grace of GOD
I concur...it will be the only wise step taken by the man...he needs to go and rest...to be a president Is not by force..what is the problem with the illiterate old man? Rather than let us rest,they treathen d GEJ administration with BH....now we here...step down jor
Hmmm
I concur...it will be the only wise step taken by the man...he needs to go and rest...to be a president Is not by force..what is the problem with the illiterate old man? Rather than let us rest,they treathen d GEJ administration with BH....now we here...step down jor
To save his name from National and International shame...his extra large incompetence will knw no bound unlike GEJ who is clearly not on the same level with Pa Buhari..I think he should actually resign
Exactly... He's ruined the country, and doesn't deserves to be there anymore. Worst clueless tyrant ever in the history of the world!
This government for me is working very hard in making Nigeria great again. I luv the fact that they don't lie with statistics unlike PDP. God bless Nigeria and Nigerians. ..Amen
Pdp sometimes can be funny ooh. Resigning is that the solution? They need to find a solution together
Absolutely, my thoughts exactly.
Useless people. After they scattered the country over the past 16yrs! PDP biko keep shut.
I'm not supporting any party but #buharimustresign #buharimuststepdown
I regret voting in Buhari,things are just not the same
Dey should dream on. Linda take note!
True talk......letlovelead
True talk......letlovelead
Blame this on the foolish yorubas.if only they are intelligent,this wouldn't have happened.
Buhari and buharists are destroying the economics of Nigeria.
Not like Buhari is fantastic saint but if PDP did any job prior, we would not be in this mess - Bane
Buhari out
Buhari is just a terrorist
A president is a cattle herds man
Abi? This is obviously the best solution now! We need someone capable.
Time up for you Sir
Linda, please help me tell PDP to shut up!!!! They can do no better after all, they are part of the reason we are where we are today.
.A party that delighted in diverting money into private pockets instead of putting them into judicious use has no moral justification for asking Buhari to resign.
Lol, mbok don't make me laff o....they should be patience cos 2018 abi 2019 is fast approaching
well, I absolutely in support of the opinion, based on the statistic. My question is, why is everything crumbling in your regime? remember the poor man feeding allowance is not in the Budget.
Hmm
If buhari doesn't want to be kicked out by force he should resign. I even want him to do strong head so we can fight and start the crisis . Last we go divide once and for all
amen ooooo,
My brother, Save us the grammar.. We support the clarion call. #ResignBaba #PackYourLoadBaba #SaiByeByeBaba
Shut that hole you call your mouth, you are all the same. They give it to you it will be worst, Nigerians should just stop voting let's know we don't have a presided.
This govt has destroyed all that we hv laboured since 1999 in just 1yr.the the senate can't impeach this buhari then I urge for military coup.Brazil has already taken a bold step by impeachment there former president. Imbeciles shld be kept away from govt at all cost
This govt has destroyed all that we hv laboured since 1999 in just 1yr.the the senate can't impeach this buhari then I urge for military coup.Brazil has already taken a bold step by impeachment there former president. Imbeciles shld be kept away from govt at all cost
Please let him resign, since this year no single contract from any company. I have been living as a borrower. I never tot things will be like dis for me. To eat a square meal a day is a problem. I am tired and sometimes I feel like dying. I am not thinking about the future now just for me to survive. This is really painful and I wonder what most people are passing tru. Sometimes I feel the air of stagnation its unusual.
LOL dey smoke weed?
-D great anonymous now as Vivian Reginalds
Like seriously something needs to be done about this because is really getting out of hands.
says, Genevieve.
Its needful he resign
I voted pmb in but now I join pdp to call for his resignation. How can one man suffer all nigerians this way with hunger and poverty . His many short comings should not be our suffocating problems. Let him resign to save our economy and country from colapsing completely. Let Tinubu and Northern emirs and apc leaders advice him pls.
Please let him resign
I support this motion
let him resign biko
let him go abeg ppl are suffering too much...anyways when nigerians vote an archaic man as their president what do we expect..
for those who voted APC and still want to blive they are the best thing that happened to nigeria . i guess they are in a deep dream land. this government is by far worse than that of jonathan , thats if jonathan's government was even bad. we where all victims of APC's and northern propaganda to remove jonathan by all means.. so many lies and gang up and after that God has come to punish us. its time buhari resigns and allows the VP take over affairs of the country
Buhari and APC have no honor in them, if they did someone ought to have resigned with all the sufferings they have brought to Nigeria....
I was shouting Buhari Buhari. I am no longer comfortable. The economy is not favourable. Haaaa.. Pls we have had enough. Resign honourably sir.
Let him resign he lacks the capacity to rule dis countrycalled nigeria
It ain't gona happen, sorry
let him resign before we will all turns to begers.
pls let him resign before we turn to beggers.
Well said o.. If he cannot change d country for better, he should at least not change it for d worse! Unfortunately, his change so far has been for the worse, so I agree that he should RESIGN!!! After 15 months, the level of cluelessness is glaring! Recession tins!
Despite d fact dat am nt in support of buhari, PDP is nt d solution 2 d problem, dey should keep quite, cos dey were on seat for 16yrs n Ntin happen, so dey shuld wait n see Wat buhari has for us! He has nt completed his tenure so let's wait!!
Is there still a party called PDP?
How can only one man carry this kind of bad luck since 1984? No wonder bad luck hated good luck.
Some sense in what PDP is saying. Bu its not like nigerians will vote them again. Osaze Jesuoboh by the end of PMB's tenure I wonder what will be left for Nigerians and U... Dollar fit N1000
Who the hell is PDP to talk? That party of looters and thieves. PDP has no moral justification to advise anybody because they are the cause of the recession in the first place as a result of their looting. Do they think they are talking to primary school children? They should bury their ugly looting heads in shame
Who the hell is PDP to talk? That party of looters and thieves. PDP has no moral justification to advise anybody because they are the cause of the recession in the first place as a result of their looting. Do they think they are talking to primary school children? They should bury their ugly looting heads in shame
Exactly! He supposed to resign or be impeached! Democracy is not being practiced here, we are just claiming it and continually being deceived. we are just complaining and crying, no action is being taken to arrest the bad condition
Na me talk am!
Long Live Lib!!!
God punish u and ur generation! Can't u see people are dying hmm? Idiot
Buru badluck Bata that is buhari name. Apc has failed us.God punish them Longlive MMM
pdp =apc so we need a new party, new people to rule.its the same looters going back and forth.lets think Nigerians
Nobody is saying PDP is the solution, all we are asking for is for him to step down and let the person that has solution to this problem take over. Even if the person is a northerner or his brother. People are not considering the poor masses that cannot afford food, medical care, school fees etc.
The truth is that Nigerian leaders don't have shame, if it was abroad a leader doesn't need anyone to tell him to resign if he is not making any impact.
Dumb PDThieves.
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