A peep into PDP’s economic recovery growth plan if elected in 2019
The party’s National Publicity Secretary Kola Ologbondiyan in a statement yesterday said the PDP’s recovery plan would involve a concerted effort to reopen the market and encourage economic environment that will grant investors and entrepreneurs affordable credit facilities to favourably compete and thrive.
“There is no way economic activities can rebound unless we put our people back to work. Over 20 million Nigerians have been put out of work by the APC and many more are underemployed. Families are under stress and citizens have been subjected to abject poverty by the Buhari’s administration,” Mr Ologbondiyan said in the statement.
He revealed that the economic plan will involve an immediate review of all tight monetary policies of the APC, including obnoxious foreign exchange and import regulations, multiple taxation, exorbitant tariffs on essential services, particularly in power and communication, as well as other unnecessary economic bottlenecks that are currently stifling small scale entrepreneurship, industrial activities and general economic growth.
“Unlike the APC’s exclusionist style, the PDP will run an all-inclusive economic system that guarantees an open market operation and return a people-focused pricing regime. This was part of the policy thrust with which the PDP grew our economy to become one of the fastest growing in the world before the unfortunate incursion of the APC,” he said.