Nigeria’s current status as Africa’s largest economy was achieved under Buhari – APC

The ruling All Progressives Congress (APC) has claimed that Nigeria’s current status as Africa’s largest economy was achieved under the President Buhari-led government.

Reacting to PDP statement that APC led administration “misrule” was responsible for Twitter’s decision to cite its African operations in Ghana, Secretary of the Caretaker Extra-Ordinary Convention Planning Committee (CECPC) of the governing party, Senator John James Akpanudoedehe said as Africa’s biggest economy, Nigeria remains a top onvestment destination.

APC said the opposition statement was a mockery of the country and its citizens over the decision of a private concern, whose right to cite operational base is an exclusive preserve.

Akpanudoedehe, in a statement in Abuja on Thursday said: “For the PDP that mocks the country and its citizens over what it celebrates as missed “business prospects”, such political party does not mean well for the country and should definitely not be considered as a governance option.”

The ruling party said it will not engage in the opposition over what it termed “as non-issue”.

According to it: “It is exhausting and depressing highlighting PDP’s ignominious past. The APC will rather consolidate and focus on how Nigeria is finally getting it right under President Muhammadu Buhari.”

Akpanudoedehe asked: “How come what the PDP terms the present “misrule” did not stop multinational technology companies, Facebook and Google from opening offices in Nigeria.

“Neither did it stop the world’s largest brewer, Anheuser-Busch InBev and multinational food manufacturing giants, Kellogg’s from establishing their multi-billion Naira brewery and factory in Nigeria.

“Despite uncertainties over the evolution of the COVID-19 pandemic, Nigeria earned $2.6billion of the global volume of Foreign Direct Investment (FDI), surpassing major competitor South Africa ($2.5b), according to the latest 2020 United Nations Conference on Trade and Development (UNCTAD) Investment Trends Monitor.

“Nigeria’s current status as Africa’s largest economy was achieved under the President Buhari-led APC administration and our industrious citizens are the ultimate beneficiaries.

“Nigeria is doing a lot through the Presidential Enabling Business Environment Council (PEBEC) which was set up by this administration to remove bureaucratic constraints to doing business in Nigeria and the ongoing implementation of Economic Recovery and Growth Plan (ERGP). Nigeria is on the right trajectory and the PDP cannot wish away these solid achievements.”