The Vice Presidential candidate of the Peoples Democratic Get together (PDP), Peter Obi, has claimed Nigeria’s financial system will hold “bleeding”, if President Muhammadu Buhari stays in energy for an additional 4 years.
Talking in Lagos on Saturday, December 22, Obi made reference to the 2019 price range Buhari introduced to the Nationwide Meeting on Wednesday.
In response to him, Nigeria won’t survive if Buhari’s goes forward with plans to tax “poor Nigerians”, consistent with provisions of the proposed price range which is essentially targeted on debt servicing.
“We have to know the place we’re going as a nation however with Buhari on the helms of affairs; we have no idea the place we’re going. Buhari shouldn’t be accountable for this authorities as he doesn’t know or care what the poor persons are going by means of.
“Nigerians are presently the poorest folks on earth, but the Muhammadu Buhari administration of the All Progressives Congress (APC) continues to be taxing them the extra.
“Take have a look at the price range introduced by the President a couple of days in the past and you will notice that it doesn’t give anybody hope as a substitute, it tells us that we’re nonetheless the place we’ve got all the time been.
“1 / 4 of the price range is supposed to service money owed, and that’s about 60% of the price range whereas the President retains telling Nigerians to tighten their belts due to the tough occasions observing us sooner or later.
“Does that give anybody confidence on this authorities? Under no circumstances, I dare say. Whereas presenting the price range, he stated that the federal government is in search of methods to tax Nigerians the extra. What are you taxing the poor folks for?
“Does that give any certainly one of us hope on this authorities? That signifies that if we hold them for the following 4 years, we’re completed,” he stated.
Outlining what Atiku Abubakar, PDP presidential candidate, will do to “reverse the scenario” if elected to energy, Obi stated focus will likely be positioned on reviving small and medium enterprises (SMEs).