"> Nigeria Became Africa’s Largest Economy Under Buhari – APC - Sahel Standard
May 12, 2021
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Nigeria Became Africa’s Largest Economy Under Buhari – APC

Nigeria achieved its status as Africa’s largest economy under President Muhammadu Buhari’s administration.

The All Progressives Congress, APC National Secretary, Caretaker and Extraordinary Convention Planning Committee, Senator John Akpanudoedehe stated this in a press release.

He made the statement in reaction to the statement made by the opposition Peoples Democratic Party, PDP accusing the APC administration led by President Buhari of mismanaging the country’s economy which they said made Twitter set up its Africa headquarters in Ghana instead of Nigeria.

Senator Akpanudoedehe however pointed out that other multinationals have come to Nigeria.

“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” he said.

The APC urged Twitter and other social media platforms to work on curbing fake news and hate speech.

VON

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