Godswill Akpabio
While addressing journalists in Arochukwu, Abia State, Peoples
Democratic Party (PDP) chieftain and the Senate Minority Leader, Senator
Godswill Akpabio has appealed to Nigerians not to blame the current
economy woes on the ruling All Progressives Congress (APC) led
government, adding that the country’s current economic challenge was a
global phenomenon orchestrated by the steady fall in oil prices.
The former Akwa Ibom state governor who advocated for
diversification of the economy, said the global economic meltdown is
being felt more by Nigerians because the country runs a mono-economy
built around oil.
He enjoined the Federal Government to pay attention to other sector
of the economy like mining, agricultural and entrepreneurship ventures
and as well as foreign direct investment to boost the country’s revenue
base.
"So, what has happened here is that with the massive failure,
what we call oil glut in the market, the oil price has reduced below
what we expected in the last 20 years. That automatically has affected
our economy.
"It has nothing to do with which administration is in power. It
has something to do with resources to be able to deliver the dividend
of democracy."
While he admitted the effect of the harsh economy on the citizenry,
sued for patience from Nigerians and solicited support for the present
administration in the interest of the country.
"The country belongs to all of us and if the country collapses
on our heads, it means that we bequeath nothing to our children," he said.
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