Thursday 23 July 2015

CNN Lauds President Jonathan’s Prudent Management Of Economy

The ruling Peoples Democratic Party (PDP) has said the Nigeria's
ranking as the third fastest-growing economy for 2015 after China and
Qatar by the CNNMoney, a business analysis programme, is a referendum
on the prudent management of the Nigerian economy by the President
Goodluck Jonathan-led administration, describing it as a verdict of a
disinterested party.

A statement by the National Publicity Secretary of the PDP, Olisa
Metuh on Saturday, said the assessment, coming from the world leading
media institution is a confirmation of an earlier evaluation by other
international institutions that proclaimed a thriving performance and
a bright future for our economy and added that it was another sign
that Nigeria is safe and well-led under the PDP.

"The grading by the CNNMoney is another witness to the reality of
positive changes, brought to all sectors of the national life and
whose cumulative impact formed a consistent growth driver for the
economy. Here again is the reality of the global confidence in the
vivacity of Nigeria as Africa's largest economy.

"For those in opposition, who for expediency of politics found it
convenient to deny what is as clear as daylight and even denounce what
ought to be applauded, the CNN verdict is a reminder once more that
constructive criticism is the mettle of credible opposition.
"The tremendous progress that Nigeria made in the socio-political and
economic sphere under our great party has continued to receive
commendation and popular acclaim locally and internationally. The
message to all Nigerians therefore is to keep hope alive; that things
can only get better", the PDP said.

According to Metuh, this success did not come by accident but through
deliberate application of policies as articulated in the PDP
manifesto, which he noted also resulted in the creation of
investment-friendly environment that has enabled enterprises to thrive
in the country.
"Private businesses such as the MTNs, the Dangotes, the Intel
Services, the Oandos, the Innosons and a host of others in aviation,
oil and gas, retailing, hospitality, banking and other sub-sectors of
the economy have excelled.

"This is in addition to the phenomenal influx of internationally
reputable firms such as CCECC, Kia, Nissan, Shoprite and a host of
others in railways, oil and gas, automobile, communication, the stock
market, construction among others which have helped to boost our
economy", the statement said.
The statement concluded that safeguarding this positive turn against
reversal belongs exclusively to the province of the people of Nigeria,
adding that President Jonathan has demonstrated that he has all it
takes to move the nation to where she rightly belongs.
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