Politics
PDP Mocks Buhari’s Japan Trip, Says Ghana, Ivory Coast Got Better Deals
By Editor
The Peoples Democratic Party, PDP, Sunday assessed President Muhammadu Buhari’s outing at the just concluded 7th Tokyo International Conference on African Development, TICAD as a failure saying his Ghanaian and other colleagues went away with better takeaways.
The party said the poor outing of Nigeria was reflective of the slide in the confidence the world has on the country under the All Progressives Congress, APC administration of President Buhari.
While noting that Nigeria went away with a $300,000 pledge from the Japanese government, the PDP said that Ghana and Ivory Coast on the other hand signed investment agreements with Toyota for the establishment of automobile factories.
The PDP in the statement issued by its spokesman, Kola Ologbondinyan said: “that President Buhari could not seal any meaningful economic agreement at the conference but only came home with an empty basket and pocket full of promissory notes.”
“No world leader or international investors wants to do any real business with Nigeria under President Buhari, mainly because of the legitimacy burden of his Presidency, arising from the rigging of the February 23 Presidential election, as well as overt impunity, corruption, treasury looting and recklessness that pervade his administration.”
“It is lamentable that while President Buhari and his party, the All Progressives Congress, APC, are reducing our nation by celebrating a mere pledge of $300,000 (N108 million) from the Japanese Prime Minister and a promissory note for 50 million euros from an EU Commissioner, his Ghanaian counterpart, Nana Akufo-Ado had sealed a deal with automobile giant, Toyota, to immediately establish a Toyota and Suzuki manufacturing plant in Ghana with a determined timeline of August 2020 for production.
| COUNTRY | TAKEAWAY |
| Nigeria | $300,000 Pledge 50 Million Euro Promissory Note From EU |
| Ghana | Deal To Establish Toyota, Suzuki Manufacturing Plants With August 2020 Production Date |
| Ivory Coast | Memorandum of Understanding To Set Up Toyota Plant |
“The multinational had also signed a deal to establish a similar plant in neighboring Ivory Coast with a Memorandum of Understanding to that effect already signed last Thursday.
“It is instructive to note that Toyota announced that it preferred to cite the plant in Ghana because of the favourable economic climate prevailing in the country; a climate, which has taken flight from Nigeria under President Buhari and worsened since the rigging of the Presidential election.
“It is saddening that because of President Buhari, our nation, which, under the PDP had excelled to become one of the world’s fastest growing economies and a hub for Foreign Direct Investments, is now descending into a pariah and beggarly nation with no hope in sight.
“This development plainly shows that the time is gone when world leaders and investors embraced manipulated elections and governments that do not have the mandate of their citizens.
“The PDP stands with majority of Nigerians in holding that the only way to save our nation from imminent collapse is the retrieval of the Presidential mandate at the court. That is the only way our nation can enjoy the benefit of an acceptable and purposeful leadership, which will return her to the path of peaceful co-existence, political stability and economic prosperity.”
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