lamented that the governing All Progressives Congress, APC, has mismanaged the Nigerian economy.

National Chairman of the People Democratic Party (PDP), Uche Secondus has lamented that the governing All Progressives Congress, APC, has mismanaged the Nigerian economy.
The development comes as the main opposition party stated that Nigeria will become the headquarters of poverty by the end of this month.

Secondus stated this in his address at the 78th National Executive Committee (NEC) meeting of the Party in Abuja on Thursday.
He said: “Since 2015, more than sixteen (16) million Nigerians have lost their jobs. According to the World Poverty Clock, an organization that assesses poverty across the globe using credible data obtained from the United Nations (UN), Intenational Monetary Fund (IMF) and World Bank, Nigeria would become the extreme poverty capital of the world by the end of this month. It will overtake India as the country with the most people in extreme poverty.
“This demonstrates how badly the APC Federal Government has mishandled Nigeria, an economy they took over from the PDP in 2015, as the largest (economy) in Africa.
“The so-called War Against Corruption has bred more corruption. Even reptiles and monkeys have joined! Discerning Nigerians had made it clear that what has been going on is the persecution of members of the opposition under the guise of anti-corruption war while monumental corruption is being perpetrated by officials of the government.
“Just on Wednesday, Transparency International again vindicated our position that corruption was getting worse under this government. In its 2017 index, TI said while Nigeria was ranked one hundred and thirty-six (136) in 2015, the country ranked one hundred and forty-eight (148) out of one hundred and eighty (180) countries surveyed in 2017. And, the situation is getting worse,” Secondus said.
While stressing that the Nigerian economy is in tatters, the National Chairman pointed out that security situation in the country has become a nightmare.


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