The Presidency has accused the Goodluck Jonathan’s administration of “monumental and tragic economic mismanagement”. In a statement issued by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, the Presidency accused the former President of failing to invest and allowing widespread looting, which led to the current economic crisis.
This comes two days after Jonathan defended his administration’s performance, the impact of his party, the Peoples Democratic Party, on the country and accused the ruling All Progressives Congress of failing to build on his economic achievements.
Jonathan had claimed his administration had a sound economic team, kept the country’s inflation at single digit, created jobs and conducted credible elections among other things, while also insisting that only the PDP can lead the nation to greatness.
The Presidency in its statement however suggested that Jonathan had forgotten the true state of the economy he left behind, stressing that it was far from being robust and healthy. It accused the former President of handing over an economy ravaged by years of corruption to the present administration.