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KOKO Business · 7 Jan 2018

PDP Accuses APC of Economic Collapse Due to Fuel Crisis

KOKO Business: PDP Accuses APC of Economic Collapse Due to Fuel Crisis

The Peoples Democratic Party (PDP) claims President Muhammadu Buhari's administration failed to resolve the severe fuel crisis, causing significant economic damage. This failure has led to widespread economic instability across Nigeria.

PDP asserts the APC government is deliberately undermining the nation's economy through its handling of fuel prices and subsidies, contradicting its December 6, 2017 pledge to end the crisis within a week.

The party warns that current policies risk transferring economic control to independent marketers, exacerbating financial strain on households and diverting billions through inefficient subsidy systems.

PDP states that the APC administration's actions will further weaken the economy, leaving Nigerians in deeper hardship due to already compromised purchasing power and poor economic policies.

The Peoples Democratic Party (PDP) states President Muhammadu Buhari's administration failed to address the severe fuel crisis, causing widespread economic damage.

PDP claims the APC government is deliberately undermining the nation's economy by failing to honor its December 6, 2017 promise to resolve the fuel crisis within a week.

The party alleges the APC administration is engaging in corrupt practices that divert billions of naira through inefficient subsidy systems while risking economic control to independent marketers.

PDP warns current policies will worsen economic hardship for Nigerians, as the nation's purchasing power deteriorates under the APC government's poor economic management.