***Says Coastal Highway Project Is Fraudulent, Lacks Transparency
The Peoples Democratic Party (PDP) has accused the ruling All Progressives Congress (APC) of destroying Nigeria’s once-thriving economy, claiming that the $600 billion economy it handed over in 2015 has now collapsed under ten years of APC misrule.
Speaking during an interactive session with journalists on Wednesday in Abuja, the PDP National Publicity Secretary, Hon. Debo Ologunagba, said all the economic and social gains achieved under the PDP’s 16-year rule have been “rolled back” since the APC took over power.
“When the PDP left office in 2015, Nigeria’s economy was worth over $600 billion — the largest in Africa and the top destination for foreign investments,” Ologunagba said.
“All of that has been eroded in the last ten years due to the APC’s misadventure in governance.”
He said the growing interest in the PDP’s forthcoming 2025 National Convention reflects Nigerians’ renewed faith in the party as the only credible platform to restore democracy, economic stability, and accountability.
“The national convention is critical to the sustenance of democracy. Nigerians are eager to see the PDP reorganize itself because that’s the only way we can guarantee the future of this democracy,” he added.
Ologunagba noted that Nigerians have now seen both sides of governance and can judge which party has delivered better leadership.
“We had 16 unbroken years of what many Nigerians call the glorious era a time of debt relief, double-digit GDP growth, controlled inflation, and strong investment in human capital,” he said.
“The PDP governed by dialogue, tolerance, and inclusiveness the hallmarks of democracy.”
On the ongoing Lagos-Calabar Coastal Highway project, the PDP spokesman described it as fraudulent and lacking transparency, insisting that the contract award process was riddled with irregularities.
“That project was a scam from the start. There was no competitive bidding. It’s just another special-purpose vehicle designed to drain public funds,” Ologunagba alleged.
He accused the APC-led administration of operating in secrecy despite claims of savings from subsidy removal and continued borrowing.
“This government thrives on opacity. They talk about savings from subsidy removal, but nobody knows how much has been saved or where it’s going. They keep borrowing, and if you ask questions, they say you’re too small. That’s the level of arrogance we’re dealing with,” he said.
Ologunagba reaffirmed the PDP’s commitment to transparency, accountability, and dialogue as it prepares for the 2027 general elections, declaring that Nigerians now look to the party as the only hope for national recovery.
