Arising from its National Convention held in Nnewi, Anambra State on Wednesday, Labour Party has taken President Bola Tinubu to task, saying that grabbing power is not what matters but what one does with it.
The party decried the economic situation of the country since Tinubu took over power less than one year ago, adding that Nigerians have been impoverished, with hunger and deprivation taking centre stage.
“After the 2023 general election, the security situation of the nation has not improved as there is a geometrical increase in numbers of lives lost and the economy has worsened as the standard and conditions of living of the Nigerian populace has continue to deteriorate.
“Inflation is sky rocketing, unemployment rate is high, this has led to massive hunger and poverty in the land. This is a result of the continuous devaluation of the currency and increase in petroleum product prices.”
In a communique issued at the end of the Convention, which SaharaReporters obtained, the session called on President Tinubu to quickly take drastic and proactive steps to save the economy from total ruin and revive the economy, and put it on the path of growth and development.
“The Convention in session also advises the President to bring up proactive measures that will encourage indigenous producers so that our Gross Domestic Production can increase and dependency on foreign products should be discouraged.
“The Convention recommends that sound economic team that will take a holistic review of various economic strategies to see how it can be revamped and have citizens enjoy the Natural potentials the nation is endowed with and put the country in her rightful place among the community of nations due to its abundant natural and human resources.”
