Politics

#2019Debate: Osinbajo blames PDP for poor economy

Published

5 years ago

December 14, 2018

Vice – President Yemi Osinbajo has blamed the Peoples Democratic Party for Nigeria ’ s weak economy .
The Vice – President said this at the Vice -Presidential debate organised by the Broadcast Organisation of Nigeria and the Nigeria Elections Debate Group .

He was asked to respond to questions on why Nigeria ’ s aggregate investment had not risen beyond 16 per cent in the last 10 years unlike South Africa and China .

Osinbajo said , “ I think the common denominator between the two countries you mentioned is the strong infrastructure . Our nation in the past 16 years has suffered a major infrastructure deficit . So , we don’ t have rails , roads . When we came into power in 2015 , power was 4 , 000 MW in 16 years .

“ So , you need strong infrastructure . No one can argue about it . The second thing is you cannot have a strong economy if you allow the type of grand corruption that has taken place in Nigeria in the last 16 years . ”