A socio economic and political pressure group, the Niger Delta Development Initiative (NDDI) has expressed sadness over Nigeria’s worsening economic statistics in recent times.
It blamed the policies of President Muhammadu Buhari for the trend.
The group also criticized the President for the failure of his anti-corruption campaign and for allowing his party, the APC to shelter some politicians they had previously described as very corrupt.
In a statement Thursday in Uyo and endorsed by its President and Secretary, Mr Ernest Ukpe and Tom Buma, the group expressed sadness that corruption has increased in the country despite the high expectations of Nigerians following the President’s promises of fighting corruption to a standstill when he was sworn-in in 2015.
“We are however surprised that the President is campaigning with corrupt politicians like the former Senate Minority Leader Chief Godswill Akpabio and the NDDC MD Obong Nsima Ekere who have been enmeshed in misappropriation scandals.
“Senator Akpabio, Muslimu Obianikoro, Orji Uzor Kalu and all the previously “corrupt” PDP big wigs have now been sanctified after their defection to APC. Recall that Akpabio was charged over N180 billion money laundering,” it said.
The statement said that “the President’s five point agenda and his economic policies have failed with no return on the country’s debt; the present administration has borrowed more than the Obasanjo, Yaradua and Goodluck Jonathan’s administrations in three years while electricity generation and distribution has worsened.
“Nigeria has become the poverty capital of the world overtaking India with more than 50% living in extreme poverty, while the UN predicts that Nigeria needs 11.9 people per minute to escape extreme poverty, but presently has a deficit of 6.8 people every minute, i.e. 6.8 people enter into poverty every minute.
“According to statistics by NACCIMA, more than 800 companies shut down within the three years of this current administration further denying Nigerians of the much needed employment opportunities and ruining the livelihood of many families.”
It continued, “Under the present administration Nigeria has become the 2nd worst electricity supply nation in the world. The country has not added more than 1,000 MGW to its supply bank while Egypt in less than two years have added 14,500 MGW of electricity, enough to provide uninterrupted power for over 40 million people.”
The group expressed their desire for a better President for Nigeria in 2019.