Jonathan campaign outfit commends new economy rating

Jonathan campaign outfit commends new economy rating

The Goodluck/Sambo
Campaign Organisation yesterday challenged critics of the nation’s
economy to swallow their pride and commend its latest rating by
Standard and Poor’s, an economic rating agency.

The organisation,
in a statement by its spokesperson, Sully Abu, noted that the rating is
a confirmation of its position that the economy is on the right path.

A presidential
candidate on the platform of the Peoples Democratic Party has
repeatedly criticised the President Goodluck Jonathan over the state of
the economy while the Conference of Nigeria Political Parties (CNPP)
had warned the Jonathan administration to put back the economy on tract.

“A rating agency,
Standard and Poor’s, has just reaffirmed its positive rating on the
Nigeria’s economy, even admitting that the country’s economic
performance has been better than expected,” the organisation said,
adding that “it gave the economy good ratings both for the short term
and the long term and commended the balance sheet.”

According to the
statement, the campaign group now expects those it referred to as
‘doomsayers’ “who lap up negative prognostications on the country and
especially the economy to eat humble pie and acknowledge Standard and
Poor’s findings, that is, if they refuse to believe the report on the
economy by the relevant authorities in government.”

It re-affirmed its
stance that the administration will not be distracted by antics that
are designed to score cheap political points but would instead remain
focused on improving the living standards of the people.

“This, it is
already doing, through massive investment in power and other critical
infrastructure sectors. Delivering on the expectations of the people is
what matters at the end of the day,” the organisation said.

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