*As Wabara, Makarfi were confirmed BoT Chair, Sec
The Board of Trustees (Bot) of the Peoples Democratic Party (PDP) at the end of its 76th Meeting Tuesday, bemoaned what it described as “monumental corruption and unbridled treasury-looting in the All Progressives Congress (APC) administration”.
The BoT also expressed deep concerns over “the biting economic hardship, high cost of essential life-enhancing commodities and alarming food scarcity in the country occasioned by the ill-implemented policies of the APC administration and which are already causing restiveness and agitations in various parts of the country”.
The Board at the meeting assessed the State of affairs of the nation and alarmed by the worsening insecurity in the country as evident in the rising cases of mass killings, banditry, kidnap for ransom and acts of terrorism by assailants who are emboldened by the manifest laidback attitude of the APC administration to issues of security, especially in the last nine months.
According to them: “The BoT is seriously worried over the fall of the Naira to an abysmal N1,500 to the Dollar, incessant increase in the pump price of fuel which now sells for over N700 per liter with long queues in various parts of the country.
“These have attendant negative consequences as evident in the nearly 30% inflation rate, 41% unemployment rate and alarming 46% poverty rate where up to 130 million citizens have sunk deeper into multi-dimensional poverty in the last nine months.
“The BoT is disturbed that the catastrophic economic and security situation in the country have left Nigerians hopeless, despondent, angry and constitute a present and immediate threat to the survival of the country as hardworking young Nigerians, professionals in critical fields as well as major multinational companies are now leaving our nation in droves.
“The BoT is distressed that there are no concrete and coherent policy, measures and steps by the APC administration to address these existential threats which have put the country in a precarious situation”.
They therefore called on President Bola Ahmed Tinubu to appreciate that the situation in the country has become unbearable.
“Mr. President should immediately address the issues of corruption in his administration, worsening insecurity in the country, continuous fall in the value of the Naira, high fuel price, unbearable food scarcity and unemployment in the country,” they stated.
They reassured Nigerians that despite the challenges, the PDP remains united, stronger and more determined in its commitment to working for the wellbeing of Nigerians and defending their interest at all times.
They pledged to remain united and focused to reposition for the task ahead.
The BoT confirmed Sen. Adolphus Wabara as its Chairman and Sen. Ahmed Mohammed Makarfi as Secretary in line with the provisions of the Constitution of the PDP.
