February Poll: Tinubu’s ‘Exchange Rate’ Remarks Not Directed At Buhari — Campaign

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The All Progressives Congress (APC), on Wednesday, reacted to reports that its presidential candidate, Bola Ahmed Tinubu, at the Calabar campaign rally yesterday targeted President Muhammadu Buhari’s government in his remarks on the exchange rate crisis in the country.

“They moved the exchange rate from N200 to N800. If they had repaired it..we won’t be where we are today.” Tinubu had said in Calabar.

But a statement by the Director on Media and Publicity, APC Presidential Campaign Council, Bayo Onanuga, attempted to refute reports by some media outlets that Tinubu was not referring to the Buhari-led administration.

The Campaign Council claimed Tinubu was urging Nigerians not to vote for Peoples Democratic Party, (PDP) and its presidential candidate, Atiku Abubakar, because of their litany of failures while in power for 16 years.

According to him, “the reference to exchange rate was not in any way an attack on the Muhammadu Buhari-led All Progressives Congress administration but an attempt to capture how the economic mismanagement of the PDP created forex crisis in the country since 2015”.

Excerpt of the statement below;

TINUBU DIDN’T ATTACK PRESIDENT BUHARI AT HIS CALABAR RALLY

We find it important to correct the misrepresentation of the statement of our candidate, Asiwaju Bola Ahmed Tinubu at the campaign rally in Calabar yesterday by a section of the media especially Thisday Newspaper and its broadcast arm, Arise News.

While addressing the mammoth crowd of party supporters and people of Cross Rivers State that came to listen to his message of Renewed Hope at U.J Esuene Stadium, Asiwaju Tinubu urged the people not to vote for Peoples Democratic Party and its presidential candidate, Atiku Abubakar because of their litany of failures while in power for 16 years.

The reference to exchange rate was not in any way an attack on the Muhammadu Buhari-led All Progressives Congress administration but an attempt to capture how the economic mismanagement of the PDP created forex crisis in the country since 2015.

Anyone who followed the entire sequence and context of what Asiwaju said at the rally in Calabar will know he directed his missiles against PDP and Atiku. Let’s we forget, the PDP left the forex reserve at $28 billion by May 2015, when Buhari took over despite unprecedented revenue from crude oil.

Even with the massive oil theft and low price of crude, until recently, President Buhari had built up the reserve to about $38 billion. The PDP in 1999 met the exchange rate at N85 to one US dollar in 1999 and left it at N230 in 2015.

The futile attempt to misrepresent Asiwaju Tinubu by the mischievous PDP media did not detract from his central message.

Our candidate explicitly said the people should not follow PDP and Atiku because they don’t know the road.

Asiwaju Tinubu could not have meant President Buhari does not know road, having celebrated, numerous times, the achievements of the Buhari administration. Tinubu had also said at campaign fora he would build on the achievements, when elected on 25 February.

It is simply illogical that the same Asiwaju would attack the Buhari administration of not knowing the road.

In contrast, throughout this campaign up till now, Asiwaju Tinubu has consistently said PDP and all the opposition parties put together do not know the road to prosperity for Nigeria. He also said the competing candidates do not have the track record he amassed as governor of Lagos.

As the frontrunner in the race, he has promised to implement his robust Action Plan that will bring socio-economic prosperity to our country.

We are not unmindful of the antics of Thisday and Arise News to deliberately misrepresent our candidate and accentuate anything they think will project Asiwaju Tinubu in a bad light since the beginning of this electioneering circle.

We want to state categorically that all the machinations of the opposition elements to put a wedge between President Muhammadu Buhari and Asiwaju Tinubu will fail.

APC, its leadership and President Buhari are strongly united behind our presidential candidate.

All the sponsored innuendos, invented and imaginary discord in APC which the failed PDP and their media organs hope to cash on to win the coming election will blow up in their faces.

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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