Published On: Thu, Sep 7th, 2017

APC UK Lauds Buhari, Osinbajo On Nigeria’s Economic Recovery

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By Sadiq Umar – The All Progressives Congress (APC) United Kingdom chapter has hailed the President Muhammadu Buhari led government for driving the Nigeria economy from recession describing it as “laudable and noteworthy”.

Minister of Budget Planning

The party made this known in a statement by APC chieftain, Ade Omole made available to the Press, the party expressed excitement over the news.

“This is one of the best news coming out from Nigeria; I know that the administration is working tirelessly to restore the economy, now the result is out, it is official, we are no more in recession”, said Mr. Omole.

The National Bureau of Statistics (NBS), had on Tuesday released figures indicating that the Nigerian economy has finally exited the recession, as data on the country’s gross domestic product (GDP) growth rate grew at 0.55 per cent in the second quarter (Q2) of 2017.

The NBS explained that Nigeria’s economic recovery was driven principally by the performance of four main economic activities comprising oil, agriculture, manufacturing, and trade.

The results revealed that Oil GDP recovered significantly from -11.63 per cent in Q2 2016 and -15.40 per cent in Q1 2017 to 1.64 per cent in Q2 2017

Mr. Omole further urges Nigerians to put aside politics and get behind the leadership of President Muhammadu Buhari who has shown reliability and sustenance in governance.

“President Muhammadu Buhari remains the best option for Nigeria today, his determination to bring out Nigeria out of the mud created by past administrations should be met with encouragement, Nigerians should value this administration, they are doing well, it is not easy to bring a Country out of recession most especially when it is self-inflicted like ours”.

The statement quoted another chieftain of the party, Joseph Adebola described the exit of the Africa’s largest economy out of the recession as a turning point for Nigeria.

“Without mincing words, this is a turning point for our country; I congratulate President Muhammadu Buhari and Vice President (Prof.) Yemi Osinbajo on this giant stride.  The fact is that APC did not take Nigeria into recession. Despite this fact, the party has laboured days and night to ensure that the country is back on economy growth radar; this shows that the duo has what it takes to Nigeria to the promise land.

The legal adviser for APC UK, Barrister Arinola Lucas also urged the Buhari administration to sustain the growth in the country as they continue to deliver on the campaign promises,” the statement added.

“Chieftain Chris Onumonu of APC UK also hailed the government effort saying, “we are happy at the recent economic development. President Buhari and team should be encouraged to do more”.

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Jacob Ogunseye

For APC UK.

 

 

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