The Peoples Democratic Party (PDP) has taken a swipe at the ruling All Progressives Congress (APC), claiming that Nigeria held the position of Africa’s largest economy and most attractive investment destination before it left power in 2015.
National Publicity Secretary of the PDP, Debo Ologunagba, made the assertion during an interactive session with journalists on Wednesday, insisting that the economic progress achieved under the PDP-led administration had been eroded in the last decade.
According to him, the country’s economic worth stood at over $600 billion when the party handed over in 2015, with Nigeria regarded as a major hub for foreign investment across the continent.
“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. Nigeria was the number one destination for foreign capital investment, and all of that has been rolled back in the last 10 years,” Ologunagba stated.
He argued that the current administration’s policies had stifled growth and deepened economic hardship, adding that Nigerians now reflect on the PDP years with nostalgia.
“Nigerians are looking back at our record with fond memories—an era when democratic governance and economic development thrived,” he added.
Ologunagba maintained that the PDP remained a disciplined party that upholds internal democracy, respects due process, and values open dialogue among its members. He emphasised that the forthcoming national convention would reaffirm the party’s commitment to democratic principles and effective leadership.
The PDP spokesman further noted that after witnessing governance under both parties, Nigerians are now better positioned to assess which among them has truly delivered on its promises.
He, however, urged citizens to remain vigilant and engaged in the democratic process, stressing that the party’s reorganisation efforts aim to reposition it as a credible alternative to the APC in future elections.
