Tinubu Runs To Explain Self On How Naira Sank Under Buhari  

The Bola Tinubu Campaign Organisation has denied blaming President Muhammadu Buhari over the sinking of the naira which he said in Calabar on Tuesday fell from N200 to N800 under the outgoing administration.

Explaining his statement in Calabar through a statement issued by his campaign aide, Bayo Onanuga, Tinubu said that the Peoples Democratic Party, PDP caused the circumstances while it was power that made the naira to sink to N800 to the dollar under Buhari.

GWG.ng reports that at the rally in Calabar Tinubu had in his words said:

“Today, they moved the exchange rate from N200 to N800. If they had repaired it, if they had arrested this, we won’t be where we are today, we will be greater. 

“They don’t know the way, they don’t know how to think, they don’t know how to do,” the APC presidential candidate had said.

The assertions followed his claims in Abeokuta a week ago that the fuel scarcity crisis and the naira redesign policy of the Buhari government were meant to frustrate his aspiration.

However, responding to the reports on the sinking of the naira under the Buhari government he accused some section of the media, notably the Nduka Obaigbena owned Arise News Television station and Thisday of misrepresenting his words.

The campaign in the statement said:

We find it important to correct the misrepresentation of the statement of our candidate, Asiwaju Bola Ahmed Tinubu  at the campaign rally in Calabar yesterday by a section of the media especially Thisday Newspaper and its broadcast arm, Arise News.

While addressing the mammoth crowd of party supporters and people of Cross Rivers State that came to listen to his message of Renewed Hope at U.J Esuene Stadium, Asiwaju Tinubu urged the people not to vote for Peoples Democratic Party and its presidential candidate, Atiku Abubakar because of their litany of failures while in power for 16 years.

The reference to exchange rate was not in any way an attack on the Muhammadu Buhari-led All Progressives Congress administration but an attempt to capture how the economic mismanagement of the PDP created forex crisis in the country since 2015.

Anyone who followed the  entire sequence and context of what Asiwaju said at the rally in Calabar will know he directed his missiles against PDP and Atiku. Let’s we forget, the PDP left the forex reserve at $28 billion by May 2015, when Buhari took over despite unprecedented revenue from crude oil.

Even with the massive oil theft and low price of crude, until recently, President Buhari had built up the reserve to about $38 billion.  The PDP in 1999 met the exchange rate at N85 to one US dollar in 1999 and left it at N230 in 2015.

The futile attempt to misrepresent Asiwaju Tinubu by the mischievous PDP media did not detract from his central message.

Our candidate explicitly said the people should not follow PDP and Atiku because they don’t know the road.

Affirming that the statement on the sinking of the naira under Buhari did not mean that the outgoing president does not know the road, Tinubu continued:

Asiwaju Tinubu could not have meant President Buhari does not know road, having celebrated, numerous times, the achievements of the Buhari administration. Tinubu had also said at campaign fora he would build on the achievements, when elected on 25 February.

It is simply illogical that the same Asiwaju would attack the Buhari administration of not knowing the road.

In contrast, throughout this campaign up till now, Asiwaju Tinubu has consistently said PDP and all the opposition parties put together do not know the road to prosperity for Nigeria. He also said the competing candidates do not have the track record he amassed as governor of Lagos.

As the frontrunner in the race, he has promised to implement his robust Action Plan that will bring socio-economic prosperity to our country.

We are not unmindful of the antics of Thisday and Arise News to deliberately misrepresent our candidate and accentuate anything they think will project Asiwaju Tinubu in a bad light since the beginning of this electioneering circle.

We want to state categorically that all the machinations of the opposition elements to put a wedge between President Muhammadu Buhari and Asiwaju Tinubu will fail.

APC, its leadership and President Buhari are strongly united behind our presidential candidate.

All the sponsored innuendos, invented and imaginary discord in APC which the failed PDP and their media organs hope to cash on to win the coming election will blow up in their faces.

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