By Chibuike Nwabuko
Abuja (Sundiata Post) – Ruling All Progressives Congress (APC) has reacted to the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN) reports to the effect that the country has exited recession after five consecutive quarters of contraction and the country’s foreign reserve has hit $32 billion, the highest mark since January 2015.
Describing it as another campaign promise fulfilled, the party recalled it’s campaign promises of curbing corruption, restoration of the economy and ensuring security of the nation.
It therefore commended the President Buhari-led government and indeed the National Assembly on the economic recovery efforts which has evidently started to yield fruits.
APC made the remarks on wednesday in a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi made available to Sundiata Post.
Abdullahi reminded that the actualised exit from recession is in fulfilment of one of the promises the APC made during electioneering campaign in 2015.
He therefore thanked all Nigerians for their patience, understanding and support for the President Buhari administration while the economy was in recession.
Abdullahi who admitted thatbthere are still much more work to be done, assured Nigerians that the administration remains focused on its effort to sustain the economy on the path of growth.
While informing that President Buhari’s administration is working assiduously to build a new solid foundation, credible image and pull the country out of the present hardships, Abdullahi appealed for continued patience and cooperation from Nigerians.
Though he acknowledged that these are difficult times for many Nigerians, but asked for sustenance of the hope as brighter days are ahead of us.