The All Progressives Congress (APC) says governors of the Peoples Democratic Party (PDP) indicted themselves when they asked President Bola Tinubu to throw in the towel over economic hardship in the country.

The governors of the opposition party said the suffering in the land has become unbearable.

In a statement on Sunday, Felix Morka, national spokesperson of the APC, said PDP governors have become “doomsday vocalists” instead of living up to their responsibilities.

Morka said it is “cringeworthy” that the governors who have stifled the LGAs in their states are speaking about the “buck” on the president’s table.

“Rather than live up to their responsibilities as chief executive officers of nigeria’s federating units, the PDP governors have turned themselves into a band of doomsday vocalists, raising their voices to deafening decibels intended to drown the groans of their citizens battered by their critical inertia, ineptitude and dismal performance as governors of their states,” he said.

“As the federal buck ‘ultimately stops’ at the President’s table so the state buck ‘ultimately stops’ at the governors’ table.

“The PDP governors’ call to the President to throw in the towel is nothing short of self-indictment.

“It is cringeworthy that the same governors that have never justified the massive federal allocations to their states, that have perennially stifled and dispossessed local government administrations of federally allocated funds are talking about ‘buck’. How can a governor of a state in utter shambles like Delta participate, barefaced, in a talk about ‘buck’?

“Has the PDP governor of Delta state even attempted to justify the over 483.57 billion naira federal allocation to the state in 2023? Which part or sector of Delta state bears witness to the use of that huge allocation?

“Delta state retirees have remained desperately pulverized by PDP’s uninterrupted reckless rule since the advent of this Republic in 1999.”

Minister of the federal capital territory (FCT), Nyesom Wike, says the 2027 election will be a walk in the park for his political camp.

Lifestyle Nigeria reports that Wike said this while speaking during a thanksgiving service by Barinada Mpigi, a federal lawmaker, in Koroma, Tai LGA, on Sunday.

Wike said the election will be easy for his camp because of the alliance it has forged with other parties.

He said the alliance between the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in Rivers state cannot be challenged.

“With the forces we have, I don’t know of anybody who can challenge us,” Wike said.

“I can tell you it is like tomorrow is 2027. For me, it is still very far. I can’t wait. The two leaderships of the party, APC is here, PDP is here; where can you find that leadership unity? Which state? It is only in Rivers that you can find that unity.

“And that is what many people don’t like. When they see people united and working together, they find how to make sure they are divided. But since we know, we have refused to be divided.

“This is the only state where the leading party will win for president, the opposition party will take national assembly in an election that was done the same time, same minute and same hour. That is uncommon.”

Wike also canvassed support for President Bola Tinubu’s economic reform initiatives, pointing out that it will not be easy to quickly turn around the country’s fortunes.

“God in his infinite mercies will continue to give us the strength to work together to support Mr president,” he said.

“So many people in this country hardly remember yesterday. We are in a rush. We have a problem, but have you asked yourself how was yesterday? Decisions of Mr President, if we are patient by the end of the day, we will get to where we want to get to.”

Former vice-president, Atiku Abubakar says the “wrong policies” of the President Bola Tinubu administration have inflicted “untold pain and distress” on the populace.

Lifestyle Nigeria reports that Atiku In a statement issued said Tinubu failed to show the “concrete policies” his administration is taking to address the prevailing economic hardship.

Since May 2023, Tinubu’s government has implemented a slew of economic policies, including the unification of the foreign exchange (FX) windows and the floating of the naira.

“At a meeting called at his instance on Thursday to address the Foreign Exchange crisis and the problem of economic downturn, among others, Bola Tinubu failed, yet again, to showcase any concrete policy steps that his administration is taking to contain the crises of currency fluctuation and poverty that face the country,” the statement reads.

“Rather, he told the country and experts who have been offering ideas on how to resolve the crisis that he and his team should not be distracted and allowed time to continue cooking their cocktail that has brought untold hardship to the people of nigeria.

“The wrong policies of the Tinubu administration continue to cause untold pain and distress on the economy and the rest of us cannot keep quiet when, clearly, the government has demonstrated sufficient poverty of ideas to redeem the situation.

“If the government will not hold on to their usual hubris, there are ways that the country can walk out of the current crisis.

“After a careful assessment of the state of our economy at the twilights of the last administration, I knew full well that the economy of the country was heading for the ditch and came up with a number of policy prescriptions that would rescue the country from getting into the mess that we are currently in.”

Abubakar said he proffered solutions to the nation’s economic crisis in his policy document titled, ‘My Covenant With Nigerians’.

The former vice-president said in the document, he suggested, among other things, that multiple exchange rate windows should be eliminated because they only enrich “opportunists, rent-seekers, middlemen, arbitrageurs, and fraudsters”.

Abubakar said Tinubu’s policy on FX management was “hurriedly put together without proper plans and consultations with stakeholders”.

“The government failed to anticipate or downplayed the potential and real negative consequences of its actions,” he added.

“The Government did not allow the CBN the independence to design and implement a sound FX Management Policy that would have dealt with such issues as increasing liquidity, curtailing/regulating demand, dealing with FX backlogs and rate convergence.”

He also said the Tinubu administration’s decision to immediately float the naira was a wrong one.

“On the other hand, given nigeria’s underlying economic conditions, adopting a floating exchange rate system would be an overkill. We would have encouraged the Central Bank of nigeria to adopt a gradualist approach to FX management,” he added.

“A managed-floating system would have been a preferred option. In simple terms, in such a system, the Naira may fluctuate daily, but the CBN will step in to control and stabilize its value.

“Such control will be exercised judiciously and responsibly, especially to curve speculative activities.

“Why control, you may ask. (i). nigeria has insufficient, unstable, and precarious foreign reserves to support a free-floating rate regime. nigeria’s reserves did not have enough foreign exchange that can be sold freely at fair market prices during crises.

“(ii). nigeria is not earning enough US$ from its sales of crude oil because its production of oil has been declining.

“And, (iii). nigeria is not attracting foreign investment in appreciable quantities. These are enough reasons for nigeria to seek to have a greater control of the market, at least in the short to medium term when convergence is expected to be achieved.”