The Peoples Democratic Party, PDP, has stated that President Muhammadu Buhari’s assertion that the 2018 budget will be difficult to implement “is a clear admission that he lacks the capacity and competence to run a development-oriented economy as desired by Nigerians”.
National Publicity Secretary of the main opposition party, Kola Ologbondiyan, in a statement issued yesterday, stated that Nigerians and the business community worldwide were stunned “when Buhari in his speech, while signing the budget, exhibited unpardonable ignorance of the dynamics of international best practices in macroeconomics management, an indication that our economy is in very bad hands.
The statement partly reads, “President Buhari, in picking holes on items that would directly impact on economic productivity, infrastructural advancement, rural development as well as those that would provide urgent palliatives to the plights of Nigerians, shows his aversion to developmental economy as well as insensitivity to the welfare of our citizens.
“In fact, President Buhari, in his comments on the budget has further de-marketed our economy before international investors, thereby worsening our woes as a nation.
“How on earth can a President, if indeed he loves the people, quarrel over budgetary items seeking to cushion the biting effect of the economic recession, particularly for the poor, who are the direct victims of the harsh policies of his incompetent administration?
The party further observed, “President Buhari’s resort to blaming the National Assembly for his inability to exert himself as a leader and ensure smooth implementation of the budget, further shows that he cares little about the actual needs of the people, having holed in himself in the comfort, security and pleasures of the Presidential villa.
The main opposition party however called on the National Assembly to ensure strict implementation of the 2018 budget.