The Peoples Democratic Party (PDP) has insisted that Nigeria was Africa’s leading economy and the top destination for foreign investment when it left office in 2015.
The opposition party blamed the ruling All Progressives Congress (APC) for reversing the country’s economic progress and eroding the gains achieved under its administration.
PDP National Publicity Secretary, Debo Ologunagba, made the remark on Wednesday during an interactive session with journalists.
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According to him, the level of economic growth, stability, and investor confidence recorded during the PDP administration has been eroded over the past decade under APC rule.
“We had an economy that was number one in Africa, and by the time the PDP left government in 2015, our economy was worth over $600 billion,” Ologunagba said.
“Nigeria was the number one destination for foreign capital investment, and all of that has been rolled back in the last 10 years,” he added.
He continued, “The PDP government built strong economic foundations based on transparency, sound fiscal policies, and massive human capital development. Unfortunately, all those gains have been destroyed under this administration.”
Ologunagba said Nigerians now look back on the PDP era with nostalgia, describing it as a time when governance was people-centered and democracy was strengthened.
“Under the PDP, our economy grew, investors had confidence, and citizens could feel the impact of good governance,” he stated.
“Today, Nigerians are yearning for that kind of leadership again.”
He further noted that the upcoming PDP national convention is vital to sustaining Nigeria’s democratic values, stressing that citizens are closely watching to see how the party organizes itself ahead of the 2027 general elections.
According to him, “Our party believes in fairness, internal democracy, and respect for the rule of law these are values we intend to uphold as we rebuild Nigeria.”
