The Deputy Senate President Ike Ekweremadu has expressed dismay over the downward slide of the nation’s economy.
He warned that unless urgent steps were taken by the All Progressives Congress (APC)-led Federal Government to arrest the situation, the country might witness a major revolution.
The Deputy Senate President, who spoke at the weekend in Enugu, the Enugu State capital, warned that the situation could lead to the collapse of business activities within the next six months, if nothing was done to arrest the drift.
Ekweremadu, who spoke at the meeting of the Southeast caucus of the Peoples Democratic Party (PDP), said the ruling APC had shown that it was not a good manager of the economy.
His words: “There has been an unchecked downfall in our currency; Naira has depreciated to the point of N260 to a dollar. It has never happened in the history of this country.”
The Deputy Senate President cautioned that if something was not done urgently, the Onitsha and Alaba markets would close down in the next six months because the traders would run out of stock.
“So, many people are worried over the situation of Nigerians in the hand of the APC; I don’t know what will happen between now and 2019″, he stated, adding that “unless APC changes their style, Nigerians will be begging PDP to come back”.
On the fight against corruption, Ekweremadu accused the President Muhammadu Buhari’s administration of being selective in its anti-corruption war.
He said: “The fight against corruption is selective; most of them media orchestrated. We are prepared to join hands with the government to fight corruption, but it must be done in a very civilised way. Even the international community is no longer taking us serious.”
Ekweremadu called on Buhari’s government to urgently address “cries of injustice”, noting that “there is a lot of complaints in this country and there is no way injustice and peace can co-exist”.
“Government should address complaints no matter where it is coming from. It should be ensured that everybody has a sense of belonging,” he said. Agency report