CNN Verdict Affirms Global Confidence In Nigeria’s Economy – PDP

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The Peoples Democratic Party (PDP) has said the grading of Nigeria 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,  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.

The party said this success did not come by accident but through  deliberate application of policies as articulated in its manifesto, which 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.

It concluded that safeguarding this positive turn against reversal  belongs exclusively to the province of the people of Nigeria, adding that President Goodluck Jonathan has demonstrated that he has all it  takes to move the nation to where she rightly belongs.

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