President Muhammadu Buhari who is also the flag bearer of the All progressivecongress party (APC) has appealed to the opposition Peoples Democratic Party (PDP) to join hands with his administration in taking Nigeria to the Next Level come year 2020.
Addressing a press conference in Lagos on Monday, Alhaji Lai Mohammed, Minister of Information and Culture described the outgoing year 2019 as a momentous year, saying President Muhammadu Buhari’s administration has taken Nigeria closer to its Next Level target.
“We urge the opposition to join hands with us to move Nigeria to the Next Level, instead of engaging in scorched-earth opposition that benefits no one”.
“2019 has been a momentous year, and this Administration has taken Nigeria closer to its Next Level target. The economy has continued to witness a strong performance, building on the steady recovery since the last recession”.
“Nigeria has not reached its debt ceiling of 25% in total public debt stock to GDP (Debt/GDP), as it is currently on 18.99%, but its debt service to revenue ratio has been higher than desirable, which explains why the government is moving ahead with its economic diversification efforts, in addition to increasing oil and non-oil revenues and widening the tax base,” he said.
This is very essential because the country which was referred to as a developing country needs to take a new stand in terms of changes of names and its way of recog in the country and outside the country.