State of the nation: Nigeria almost on road to Venezuela – PDP Govs

Governors elected on the platform of the Peoples Democratic Party (PDP), on Monday, met in Abuja to appraise the state of the nation and offer suggestions for improvements in challenging areas.

The meeting was held at the Bauchi state govenor’s lodge in the Asokoro district of the nation’s capital.

Speaking with journalists after the meeting, Bala Mohammed, governor of Bauchi and chairman of the PDP governors’ forum, lamented that the cost of living is skyrocketing while the naira is on a free fall.

Mohammed said Nigeria is “almost on the road to Venezuela” due to current economic hardship in the country.

In recent years, Venezuela’s economy has witnessed instability, hyperinflation, and shortages of goods, among others.

“The rising cost of living is not only under the purview of the federal government,” Mohammed said.

“We have been partnering together with them to make sure that we don’t bring any distraction but the monetary and economic policies rests squarely with the federal government.

“What we are doing is giving positive criticism to the obnoxious policies of the federal government.

“But at the onset of this administration, we supported the removal of subsidy, we believed that there were safeguards, we believed that if we took collective decisions, we should go by it.

“But certainly, we have seen that it is a free fall for the naira. The cost of living is going high, we are almost on the road to Venezuela.

“So we are giving concrete opposition but not insulting anybody.

“But ultimately the decision squarely rests with Nigerians and other organs in the country to make sure that we do things that will bring succour to all of us.”

In a communique, the PDP governors said in the wake of the rising insecurity in the country, there is a need to establish state police.

“We reiterate our call for state police with appropriate safeguards to avoid any abuse or overreach by any tier of government,” the communique reads.

The forum also asked the federal government to “urgently” embark on initiatives involving state and local governments to” bring a lasting solution to the security and economic crises.

“The PDP Governors will continue to play their part in the effort to bring security and succour to our people,” the communique added.