On Monday, January 13, the Peoples Democratic Party revealed the regime of the President, Major General Muhammadu Buhari (retd.), was unable to proffer solutions to Nigeria’s dwindling foreign exchange reserves and other socio-economic and political challenges of the country. This is coming after reports from the Central Bank of Nigeria indicated that Nigeria’s foreign exchange reserves dipped to $38.684bn in December from $39.8bn in November of 2019.
PDP Deputy National Chairman, Mr Diran Odeyemi stated that ex-President Goodluck Jonathan, and ex-President Olusegun Obasanjo, all of the PDP, appointed economic and financial experts, who made the economy grow during their administrations.
According to him, Buhari had a penchant for borrowing, adding that the borrowings had not shown commensurate investment or infrastructural provision.