Wednesday, September 28, 2022

Twenty-three million Nigerians lost their jobs under Buhari: Atiku

“More Nigerians are poorer and more miserable today than in 2015,” Mr Abubakar said.

• September 14, 2022
President Muhammadu Buhari/Atiku Abubakar
President Muhammadu Buhari and Atiku Abubakar

President Muhammadu Buhari has overseen a regime in which over 23 million Nigerians lost their jobs, pushing more people into poverty, says ex-Vice President Atiku Abubakar.

Mr Abubakar, the presidential candidate of the Peoples Democratic Party, also lamented that Nigeria’s economy was “crawling” instead of growing, and Nigerians were miserable under Mr Buhari’s rule.

“The Nigerian economy is crawling rather than growing,” the PDP standard-bearer stated. 

The former vice president noted that per capita income, “a measure of citizens’ well-being, has progressively fallen since 2015 because of declining output and a fast-growing population.” 

He added, “Nigerians are worse off today than they were in 2015.”

“More Nigerians are poorer and more miserable today than in 2015,” Mr Abubakar further stated. “Basic commodities are now beyond the reach of the average Nigerian. A loaf of bread costs 100 per cent more today than it did in 2020.”

Mr Abubakar, Nigeria’s vice president between 1999-2007, disclosed this while speaking Tuesday at the Private Sector Economic Forum organised by the Lagos Chamber of Commerce and Industry (LCCI) in Lagos.

“Under the present administration, our people are not working. More than 23 million people are out of jobs,” Mr Abubakar claimed. “In just five years between 2015 and 2020, the number of fully employed people dropped by 54 per cent, from 68 million to 31 million people.”

The opposition presidential candidate was once in the same party, APC, as Mr Buhari.

On Friday, however, Mr Buhari claimed the Nigerian economy was growing under his watch despite the COVID-19 pandemic disruption, Russia-Ukraine war and internal crises besetting the country.

“In this period, challenges faced by the world have been many, including lockdowns as COVID-19 raged; disruptions to supply chains around the world, and sharp fluctuations in prices,” the Nigerian leader explained. “Our economy continues to grow despite the adverse effects of rising interest rates, a stronger U.S. dollar and higher inflation across the world.”

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Adams Oshiomhole Photo Credit Channels

Politics

Oshiomhole says Buhari “huge electoral asset” to Tinubu after detaching campaign from regime’s failures

Mr Oshiomhole said Mr Buhari will garner support for the APC presidential candidate across the country.

Bola Ahmed Tinubu [Credit: BAT]

Heading 2

2023: Tinubu warns Nigerians against voting ‘another mistake’ into power

Mr Tinubu urged the people to be “wise and discerning” as they prepared to choose the country’s next president, in the 2023 general election.

Karim Benzema

Sport

I want more, Benzema says after picking hattrick awards in one day 

Benzema won the La Liga Santander Pichichi Trophy, Di Stefano Trophy and the Hyundai Supporters’ MVP Trophy.

Tinubu Support Group

Politics

Tinubu, Shettima absent as support groups flag off APC presidential campaign in Abuja

Majority of Tinubu Support Organisations thronged the venue in their numbers bearing all manners of placards and banners.

Hot news Home top

Trigger-happy naval operatives open fire on journalist, humanitarian workers on Ondo waterways

The journalists and the officials were on their way from a free medical outreach in the riverine communities when they were attacked at Odofado.

Atiku Abubakar (Credit: AA)

Politics

Atiku calls for unity among PDP stakeholders for success in 2023

He promised to address Nigeria’s numerous challenges, if eventually elected as Nigeria’s president in 2023.