Tuesday 3 February 2015

Fashola during a meeting between members of the APC and the organized private sector in Marina,

 Lagos State Governor, Babatunde Fashola.
Fashola during a meeting between members of the APC and the organized private sector in Marina, Lagos. The Governor of Lagos State, Babatunde Fashola has explained the difference between his party, the All Progressives Congress (APC) and the Peoples Democratic Party (PDP). “The manifesto of the APC is designed to address 2015 problems going on to 2019 while PDP has is a 1999 manifesto and that probably explains the disconnect between our realities and the realities that you hear. The transformation that has been put forth has headed south not west,” Fashola said.

“The Naira has weakened, interest rates has come up and it is for us to chose whether we want four more years of that and the Naira is essential in a free fall in an economy that is currently import denominated and it would only mean that the purchasing power of our disposable income would continue to reduce,” he added.

 “The necessity of now is to halt that free fall. That is something we cannot vote continuity on. I will not. But more importantly as the candidate, Gen Buhari, has said, it is essentially not how much really Nigeria earns, it is what value we get out of that money,” the governor continued. “If we had sold crude oil, our major income earner for like almost 5-6 years at over a $100 per barrel and all of us are saying there is pain, do we want to continue now when there is reduced income with the same team on the same management capacity.

 If they couldn’t do topnotch at $100 per barrel, can we trust them to do more with less?” he said. The APC and the PDP are viewed as the major contenders in the upcoming general elections.

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