Posted by Amarachi on Fri 11th Oct, 2024 - tori.ng
He also accused the APC and PDP of breaching the oath of office, wondering why Nigerians should languish in penury and why the economy should be allowed to collapse when the solution is not far-fetched.
Former Presidential aspirant, Adewole Adebayo, has described theTinubu-led administration as nothing more than a badly run fuel station.
The candidate of the Social Democratic Party (SDP) in the 2023 presidential elections, in a post via his official X handle, decried the pains of Nigerians over the pump price hike.
He also accused the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) of breaching the oath of office, wondering why Nigerians should languish in penury and why the economy should be allowed to collapse when the solution is not far-fetched.
He said, “The Administration of @officialABAT is nothing more than a badly run fuelling station in which virtually everyone is jostling to be a price gouger rather than a government as stipulated in Chapter 2 of the 1999 Constitution of the Federal Republic of Nigeria to grow the economy.
“Failure of @OfficialAPCNg and @OfficialPDPNig to observe the fundamental objectives and directive principles of state policy is a breach of the oath of office and an albatross.
“How can the people languish in penury and the economy collapse into doldrums when we have the solutions firmly in our hands? Macroeconomics is neither witchcraft nor rocketry.
“All that is required is data-fed development planning anchored on rational choices in line with broad principles and set targets that lower costs of factors of production and increases capacity for productivity and Naira as a store-of-value currency and a fiscal policy and monetary management that orientate allocative efficiencies to reward delayed gratification by way of multidimensional investments.
“It means full employment of labour and other factors is sacrosanct. We cannot leave our people behind and hope to achieve prosperity. Enough word for the wise.”