Politics
Nigeria economy will Break If APC Wins 2023 Presidential Poll
Many Nigerians believe their best hope for changing the country’s bleak
direction is elections in 2023, when President Buhari is ready to quit after two disastrous terms. While they are unlikely to solve the problem permanently, the upcoming vote could decide whether the country stays or dissolves. The new leaders will be forced to confront growing youth unrest, labor unrest, economic hardship and the conquest of local territories by non-state actors. No matter how you look at it, 2023 is a pivotal point.
Does it matter who wins the February presidential election? Nigeria’s economy has already suffered from mismanagement by the government of outgoing President Muhammadu Buhari.
Why is Nigeria’s economy so bad? Buhari came to power with little or no readiness to prevent the collapse of the continent’s largest economy, already threatened by falling oil prices, but overseeing its deterioration.
If APC wins, it is expected to pursue populist policies that could undermine the country’s already weak economic fundamentals.
“God forbid, but if the APC wins and comes to power in 2023, the country will collapse. The APC has done a lot of damage to the country. Our debt grows to N60 trillion a month, but we continue to print money. You have destroyed this country. The APC has threatened the very existence and existence of this country,” he said.
The party’s national leader, Abdullahi Adamu, said that the APC is ready to launch a new coalition in 2023, driven by “the strength of the Buhari government’s hard work, perseverance, discipline, good governance and far-reaching policies. self-succession in presidential and parliamentary elections”. “Bring Nigeria back from the brink and stabilize the country.”
Labour’s (LP) national leadership has dealt a blow to the All Progressive Congress by calling the federal government’s efforts to deal with
the country’s insurgency ill-considered and unwarranted punishment. The party accused the APC of wanting to wreak havoc in the country with its flippant and supposedly inflammatory rhetoric in the 2015 election. In a statement released in Abuja on Monday, Labour national secretary Olukayod Ajulo criticized the APC for celebrating unrest and terrorism and fanning the embers of chaos rather than finding ways to help the government fight its support.