Under Buhari, naira now Africa’s worst currency – Ekweremadu
The Deputy President of the Senate,
Senator Ike Ekweremadu , on Monday,
took a swipe at the All Progressives
Congress administration led by
President Muhammadu Buhari , saying
the economy has suffered more crisis
under the new government.
Ekweremadu said this at the Peoples
Democratic Party’ s national
stakeholders’ meeting held at the Ekiti
State Governor’s Lodge , Asokoro,
Abuja, on Monday.
The Deputy Senate President, while
decrying the worsening economic
conditions of the country , alleged that
“ all APC promises had been kept in the
reverse order .”
He was quoted by his Special Adviser
on Media , Mr Uche Anichukwu , as
saying , “ They told us that one US
dollar would be one naira when they
take over. Has that happened ? Today,
our currency is the worst currency in
the whole of Africa . Is that the type of
democracy we looked forward to ? I
can see a situation where the price of
oil is going up and the value of naira
is going down . What type of economics
is that?”
READ ALSO: BREAKING : CBN modifies
forex policy
Ekweremadu , however, enjoined PDP
faithful to remain strong as the party
would “ work with Nigerians to restore
true democracy and hope to our
people.”
He said , “ I believe that with
determination and sticking together ,
we will triumph and Nigeria will be
better for it.”
The Deputy Senate President also
condemned what he described as the
manipulation of vital institutions of
democracy and radical decline of
democratic freedoms in Nigeria .
He also said the solidarity of all key
organs of the PDP for the Senator
Ahmed Makarfi- led National Caretaker
Committee , despite the recent
judgment of the Court of Appeal on the
party’s leadership tussle , showed that
“ it is not the hood that makes the
monk.”
Ekweremadu , while condemning the
sealing of the International
Conference Centre, Abuja, the earlier
announced venue of the meeting, by
the security agencies , said that “ such
flagrant manipulation of critical
institutions of democracy is not only
dangerous ,
but bad news for the nation’s
democracy .”
He said , “ We are aware that all the
institutions of democracy are being
manipulated and harassed in this
country . The National Assembly and
the press are not left out . The
Independent National Electoral
Commission has been captured and
now a part of the APC . Our judiciary is
being insulted and assaulted every
day. Their houses are being attacked
very late at night and the judges are
being harassed .
“ So, we are not surprised at what we
are seeing today (sealing of meeting
venue )? But what remains is for us to
remain resolute .”
The Deputy Senate President expressed
his displeasure at what he described as
the rising political persecution in the
country .
He said , “ If you look around this room ,
you will see a lot of people who are
being harassed, persecuted and taken
to court. What is their offence ? They
claim they allegedly received stolen
property, yet , nobody has been
arraigned for the actual stealing . As a
lawyer, I know that if you are being
arraigned for receiving stolen
property, you must first of all arraign
the man who stole the property. That
is not so in our own case . Is that
democracy ?”
Ekwememadu urged party members to
remain resolute and protect the soul of
the PDP and the nation’s democracy ,
insisting that the party leaders were
made by the party faithful and could
never be imposed from the outside .
He said , “ We have heard there was a
judgment in Port Harcourt . Now , those
who benefitted from the judgment ,
where are they ? Are they with our
former ministers ? Are they with our
National Assembly members ? Are they
with our governors ? Which organ of
the party are they with or is with
them ? The truth is that it is not the
hood that makes the monk .”
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