Home News EIU, HSBC Reports very tendentious–APC

EIU, HSBC Reports very tendentious–APC

 
The All Progressive Congress (APC) has called on Nigerians to disregard the reports credited to the Economist Intelligence Unit (EIU), the research unit of The Economist Magazine and HSBC, stated that a second term for President Muhammadu Buhari would greatly stunt the economic development of the country.
 
The contents of these reports, according  to the ruling party, are nothing but the usual doomsday prophesies about the Nigerian nation, which has serially proved false, deceptive, unreliable and tendentious.
 
 
The EIU report indicated that it expected the opposition Peoples Democratic Party (PDP) to win the forthcoming presidential election but that the next administration would flounder against the same problems. 
 
 
The APC according to a statement signed by its acting publicity secretary, Mr Yekini Nabena advised those economic “experts” to focus on their pressing domestic issues and ponder for example on the important question of the role Britain will play in the world, post Brexit. 
 
 
“We advise the economic physicians to heal themselves first before looking out for other patients who have not come to them for consultation” APC said. 
 
 The APC therefore urged Nigerians to once again regard these “expert analysis and prophesies” for what they are and dismiss them accordingly.
 
 
 “We should remember similar prophesies and analysis about the political situation in Nigeria made some years back by similar Western institutions. It was prophesied that the Nigerian federation would collapse in 2015, resulting in some ethnic nationalities going their separate ways. 
 
 
“Here we are, nearly four years after the doomsday prophesy but the Nigerian federation rather than collapse is waxing stronger, with the President Buhari administration striving to unite the country and consolidate positively on the strength of our diversity” the statement added.

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