By Michael Peter,The Sight News
Abuja-Following the official announcements of Nigeria’s exit from recession, the All Progressives Congress (APC) has reiterated its confidence in the ability of the Buhari administration to set the country on the path of sustainable prosperity.
You will recall that the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN) had announced 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 the exit as another promise kept, the Party in a Statement by its national Publicity Secretary, Bolaji Abdullahi pointed out that the development was “in tandem with the current administration’s forecast that the country will experience economic growth in 2017”.
The party thanked Nigerians for their patience, understanding and support for the President Buhari administration while the economy was in recession, assuring them that the administration remains focused on its effort to sustain the economy on the path of growth.
The statement reads “Nigerians will recall that during the 2015 elections, the APC promised to curb corruption, restore the economy and ensure security of the nation. We commend the administration of President Muhammadu Buhari on the economic recovery efforts which has evidently started to yield fruits. The APC also commends the National Assembly as it continues to work with the executive on improving the economy and other areas of national life.
“As the President Buhari administration works assiduously to build a new solid foundation, credible image and pull the country out of the present hardships, we appeal for continued patience and the cooperation from Nigerians. While these are difficult times for many Nigerians, we must sustain the hope that brighter days are ahead of us”.