By Seyi Babalola
The Peoples Democratic Party, PDP, Board of Trustees has slammed President Bola Tinubu’s government for the country’s ongoing suffering.
In a communiqué issued following its meeting in Abuja on Thursday, the BoT voiced concern over the ongoing depreciation of the Naira versus the US dollar.
According to Metrowatch, the Naira fell against the dollar on Wednesday, ending at 950/$ on the parallel market due to the persistence of the forex crisis.
Speaking on the matter, the BoT attributed the fall of Naira to “ill-implemented policies” of the Tinubu-led All Progressives Congress, APC government.
The PDP also lamented the deteriorating security situation in the country amid apprehension which according to the party, were occasioned by the “ill-planned policies” of the present government.
The communique read in part, “The BoT expresses serious concerns over the excruciating hardship, worsening insecurity and general sense of apprehension and despondency across the country occasioned by the hasty implementation of ill-planned policies of the overtly insensitive APC administration
“The BoT is seriously worried over the continued fall in the value of the Naira arising from the ill-implemented policies of the APC with attendant devastating negative effect on the economy resulting in agonizing high costs and unbearable pressure on families”.
