{"id":11827,"date":"2018-09-12T16:36:07","date_gmt":"2018-09-12T16:36:07","guid":{"rendered":"https:\/\/everyday.ng\/?p=11827"},"modified":"2018-09-12T16:36:07","modified_gmt":"2018-09-12T16:36:07","slug":"apcs-resplies-eiu-and-hsbc-predictions-on-buharis-loss-in-2019-others","status":"publish","type":"post","link":"https:\/\/everyday.ng\/?p=11827","title":{"rendered":"APC’s replies EIU and HSBC predictions on Buhari’s loss in 2019, others"},"content":{"rendered":"

By Mr. Yekini Nabena, Ag. National Publicity Secretary, APC.
\nIn similar reports, The Economist Intelligence Unit (EIU), the research unit of\u00a0The EconomistMagazine and\u00a0HSBC, a multinational banking and financial services company, stated that a second term for President Muhammadu Buhari would greatly stunt the economic development of the country, among other doomsday prophesies on the Nigerian nation.
\nThe EIU report indicated that it expected the opposition Peoples Democratic Party (PDP) to win the forthcoming presidential election but that the next administration would flounder against the same problems.\u00a0\u201c\u2026a troubled government thereafter (after 2019 elections) implies that Nigeria\u2019s manifold security threats will continue to fester\u201d\u00a0it said. The report however stated that,\u00a0\u201cwe consider a widespread breakdown of security to be unlikely; the military is more professional\u201d.
\nAs earlier stated, the contents of these reports are nothing but the usual doomsday prophesies about the Nigerian nation, which has serially proved false, deceptive, unreliable and tendentious.
\nThe All Progressives Congress (APC) urge Nigerians to once again regard these \u201cexpert analysis and prophesies\u201d for what they are and dismiss them accordingly. We should remember similar prophesies and analysis about the political situation in Nigeria made some years back by similar Western institutions. It was prophesied that the Nigerian federation would collapse in 2015, resulting in some ethnic nationalities going their separate ways. Here we are, nearly four years after the doomsday prophesy but the Nigerian federation rather than collapse is waxing stronger, with the President Buhari administration striving to unite the country and consolidate positively on the strength of our diversity.
\nWe hasten to ask why it is only negative results and implications that\u00a0The Economist, HSBC\u00a0and similar institutions always analyze and prophesy about Nigeria. Are they blind to all the gains and positive impact the APC administration is making in relation to ongoing economic reforms, fight against corruption, infrastructure drive, counter-insurgency and the campaign to repair of our badly-eroded value system in the country?
\nCompared to past administrations when public revenue was stolen, the quantum leap in terms of revenue accrual to the Nigerian treasury by institutions like Joint Admissions and Matriculation Board (JAMB), Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service mean nothing to these \u201cexperts\u201d. All the cash and property recoveries from corrupt public officials of the immediate-past administration by the Economic and Financial Crimes Commission (EFCC) are equally of no significance to these \u201cexperts\u201d.
\nA former minister in the immediate-past administration who is resident in the United Kingdom is alleged to control enough corruptly-obtained assets which value if put to productive use could have employed thousands of Nigerians. How much of this loot has the United Kingdom, the base of these experts returned to Nigeria? Ofcourse, these experts are conveniently oblivious of these and many similar cases. Rather than consider the plight of Nigerians and campaign for the return of the stolen funds, these institutions have chosen to dissipate energy spewing doomsday prophesies on Nigeria.
\nIn any case, if the economy, security and social life of Nigerians will not improve in the so-called emerging post-Buhari administration in 2019, what is the import of this prophesy? Compared to past administrations which left the country in ruins, Nigerians are acutely aware of which administration is rebuilding and repositioning the country.
\nPhysician, Heal Thyself<\/strong>
\nWe advise these economic \u201cexperts\u201d to focus on their pressing domestic issues and ponder for example on the important question of the role Britain will play in the world, post\u00a0Brexit. We advise the economic physicians to heal themselves first before looking out for other patients who have not come to them for consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Mr. Yekini Nabena, Ag. National Publicity Secretary, APC. In similar reports, The Economist Intelligence Unit (EIU), the research unit of\u00a0The EconomistMagazine and\u00a0HSBC, a multinational banking and financial services company, stated that a second term for President Muhammadu Buhari would greatly stunt the economic development of the country, among other doomsday prophesies on the Nigerian […]<\/p>\n","protected":false},"author":7,"featured_media":11828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"_links":{"self":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/11827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11827"}],"version-history":[{"count":0,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/11827\/revisions"}],"wp:attachment":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}