March 22, 2015 – The Peoples Democratic Party (PDP) today said that the economic future of the nation is guaranteed under President Goodluck Jonathan, citing his unprecedented performance in wealth creation as well as strategies already mapped out for continued economic and social growth in the country.
PDP National Publicity Secretary, Olisa Metuh in a statement on Sunday said the multi-sectoral development approach adopted by the Jonathan administration resulted in a stronger economy, which not only withstood the shock of the global financial downturn that ravaged
most nations of the world, but also created an exceptional enabling environment and support for investments and businesses to thrive in the country.
The party said that it is undisputable that investors and entrepreneurs in the country have fared better, more than ever before, in the last four years under President Goodluck Jonathan making the nation the largest economy in Africa and one of the fastest growing in the world, “a fact businessmen, even those in the opposition cannot contest”.
Stressing that “no body changes a winning team just for the sake of change”, the PDP said what the nation needs at the moment is “an uninterrupted flow of the transformation effort which can only be best handled by a President Goodluck Jonathan-led PDP administration, especially as the opposition has failed to articulate any workable alternative to Nigerians”.
“We restate that our nation has been blessed with the meticulous application of deliberate economic policies and programmes in the last four years under President Jonathan’s Transformation Agenda. Within this period, there has been a phenomenal growth of small and medium scale enterprises in addition to the revamping of the manufacturing sector with unprecedented volume of domestic and direct foreign investments empowering our people in all walks of life.
“The fact remains that in the last four years under Jonathan, more businesses have been opened in telecommunication, banking, oil and gas, transport, aviation, hospitality, automobile, education, agriculture, healthcare and manufacturing sectors with an unprecedented expansion rate, providing business and employment opportunities for millions of our citizens across the country”, the party said.
The observed that this was made possible by the application of a multi-sectoral development strategy of the Jonathan administration in the critical sectors and direct government empowerment interventions through programmes such as YouWin and SURE-P Graduate Internship Scheme among others.
“With the huge investment in power and road infrastructure, the return of the railways and inland waterways ferrying millions of passengers and tonnes of goods across the country; the repositioning of the aviation industry, the rapid expansion in the telecommunication sector; the unequalled investment in agriculture with food production exceeding the targeted 20 million metric tons in 2015; the revamping of the manufacturing sector with automobile companies such as Innoson Kia, Nissan and Hyundai setting up factories in Nigeria, in addition to the reopening of Peugeot and ANMACO, the future of Nigerian businesses is secure and ready to move to the next level of expansion under a Jonathan administration”, the statement said.
The party noted that the guarantee of a more prosperous future is strengthened by the Nagropreneurs Initiative of the Jonathan administration, the N220 billion Micro, Small and Medium Enterprises Development Fund to empower graduates and other young people to own their own businesses, the National industrial Revolution Plan (NIRP), and the National Enterprise Development Programme (NEDEP) expected to generate no fewer than five million direct jobs before the end of 2015.”
The PDP pointed out that apart from employment generation, the revolution in these key sectors also guarantees technology transfer, reduction in costs and increase in investment opportunities.
The party said the next four years under Jonathan will see a maximum yield in the development efforts especially given the measures already put in place by the administration to plug loopholes, such as the introduction of the independent revenue e-collection scheme under the Treasury Single Account, an automated system for greater monitoring and control of spending in government ministries, departments and agencies across board.
It therefore urged Nigerians to remain steadfast and not relent in their support for the President but to fully demonstrate it by coming out enmasse to vote for him and other PDP candidates in the March 28 and April 11 elections.