Steve Hanke’s report shows Nigeria is sinking under Buhari – PDP

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…Urges Presidency to urgently revamp economy

By Dirisu Yakubu

ABUJA- The Peoples Democratic Party, PDP, has described Steve Hanke’s report which rated Nigeria as the 6th miserable country in the world,  as a vindication of its position “all this while,” saying the nation has sunk into a new low since President Muhammadu Buhari assumed power in 2015.

Buhari
Buhari

Hanke, an economist at John Hopkins University, United States of America had in the publication rated Nigeria 6th on the ignoble list of world’s most miserable countries,  behind Venezuela (Ist), Argentina (2nd), Iran (3rd), Brazil (4th) and Turkey (5th), citing the high rate of unemployment in Africa’s biggest nation as the major contributor to her “misery. ”

Reacting to the development,  the main opposition party,  through its spokesman, Kola Ologbondiyan tasked the ruling All Progressives Congress,  APC,  to perish the thought of the planned increment in Value Added Tax,  VAT,  saying such would only…



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