Following the comments of Mr Muda Yusuf, Director-General LCCI that there is Total Collapse of Confidence in Nigeria’s Economy, which in turn has led to Prices of commodities to rise steeply and the national currency, the Naira fall to N371/$1 on parallel market, Greg Ukaegbu, an obvious PDP sympathizer wrote:
“Ding Dong and finally, the chickens have come home to roost. Get on your soap boxes and start singing praises and making pedestrian excuses. Here is what some of us have been telling you for years. Nigeria has gone to hell. You claim to love Nigeria but don’t know how to protect it. Line up behind your choice cult leader and praise away. Educated to be dumb. All of us will pay the price, ultimately.”
According to the Director-General of the Chambers, Mr. Muda Yusuf, “If there is no confidence in your economy and your currency, then there will be capital flight.
“If there is no liquidity of the forex market, the volume of forex inflow will be low. If portfolio investors and foreign direct investors do not have confidence that they can seamlessly repatriate the forex they brought in without losing value, then they will hold back their investments.”
Commenting further on the current economic crisis facing the country especially the forex crunch, Yusuf said the crisis would certainly take its toll on all products in the market whether made locally or imported.
However, another writer then responded: “PDP and its members have no moral right to castigate PMB. They should shut up and watch us rebuild Nigeria
SHAME ON PDP:
•It was during your ineffectual reign that over 2,000 citizens of Nigeria were massacred in Baga.
•It was during your ineffectual reign that 450 male secondary school students were beheaded in their hostel.
•It was during your ineffectual reign that 14 Local Government Areas of Nigeria were lost to the Boko haram terrorists.
•It was during your ineffectual reign that over 200 girls were abducted at night in their hostel. It took you 3 weeks to respond. You were waiting for America to know.
•It was during your ineffectual reign that the Office of the National Security Adviser (ONSA) became the official clearing house of Jonathan and his boys. CBN became Dasuki’s personal bank.
•It was during your ineffectual reign that the Nigerian Army was degraded to a local election rigging force. Soldiers were reduced to political thugs in Ekiti. Civilians like Obanikoro, Fayose and Co, were busy commanding senior officers about.
•It was during your ineffectual reign that our Universities shut down for over one year. Students were seen roaming the streets like touts and Lecturers became taxi drivers.
•It was during your ineffectual reign that subsidy was being paid to ships that never berthed. You looked on while your friends and associates submitted fake invoices and received full payments for crude that they never supplied. You cheered Diezani on, while she operated the most corrupt oil organisation in the word.
•It was during your ineffectual reign that the Ministry of Defence operated 70 bank accounts, yet our soldiers didn’t have bullets and guns to fight Bokoharam. Most times, their N45,000 salary or so was paid after three long months.
PDP and its members have no moral right to castigate PMB. They should shut up and watch us rebuild Nigeria.
Enough of their shameless noise!
DISCLAIMER : Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers of ElombahNews!
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