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PDP Accuses Buhari of Scaring Away Foreign Investors

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Olisa Metuh NEW

Olisa Metuh

The Peoples Democratic Party (PDP) has expressed the opinion that President Buhari’s incessant statements about corruption in Nigeria are scaring foreign investors away from the country.

In a statement released  by its National Publicity Secretary, Olisa Metuh, PDP said:

It is worrisome that in the last six months, the President, instead of making efforts to harness resources and grow the economy, has rather continued to apply himself, perhaps unwittingly, to demarketing the nation and scaring away investors through negative labeling of Nigerians and unwarranted unhealthy portrayal of the nation’s economy.

In the last six months, our President has only succeeded in discouraging foreign investors with his continued misrepresentation of our country as a business unfriendly environment, where most of the citizens are basically corrupt, dishonest, and cannot be trusted.

Whereas we have restated our total support for the war against corruption, we insist that Mr. President’s unceasing blanket negative labelling of citizens, in a country where millions of honest and hardworking individuals/firms are genuinely contributing daily to the development effort, is indeed a disservice and injurious to the nation and the people.

Furthermore, Mr. President’s recent announcement to the world that the nation, with its abundant human and natural resources, is broke and cannot pay cabinet ministers not only sends a discouraging signal to the domestic and international business community, but also exposes the ineptitude of the present administration to meaningfully and sincerely exert itself and work with industrious and innovative investors to create and manage wealth.

We ask; how can any reasonable investor still have the confidence to invest in a country where the President himself continues to alert that his country reeks of corrupt people and that the government is broke to the extent it cannot pay cabinet ministers?

Is the President not directly advising investors against having confidence in Nigeria and the system, and that they risk not being paid for jobs awarded by government at any level?

More worrisome is the fact that Mr. President most times, makes his damaging comments in international fora with potential investors in attendance to the extent that reminds one of the proverbial father who, in the presence of potential suitors, often portrays his daughters as wayward and yet constantly complain of their inability to find husbands.

Indeed, this is not the way to go, Nigeria is a country blessed with abundant human and natural resources. What we need at the moment is a serious, innovative and practical approach with the capacity to harness the resources and create wealth for the benefit of all, instead of an apparently laidback scapegoat tactics with outworn excuses and unhelpful comments.

May we remind Mr. President that even in the darkest period of our economic challenges, successive administrations made efforts in steadying the economy, while always reassuring our citizens and the international community of the strength and economic potentials of our great nation.

We know that in the desperation to cover its apparent lack of economic plan, this administration has positioned cabinet ministers, upon inauguration to concentrate on diversionary blame game on the past PDP administration. But even this political deceit cannot combat the unpalatable consequences of Mr. President’s damaging utterances on the image of the nation and its economy.

Finally, we wish to remind the President and those around him that Nigerians, by the 2015 elections, have committed the fate of the country in his hands for the next four years and are not willing to accept excuses for any economic failures under his watch.

16 Comments

  1. Wale

    November 1, 2015 at 6:26 pm

    To Mr. Clueless aka remnant of the cluless party and administration, let us reiterate:
    1- if foreign investors are afraid to come to Nigeria because of the war against corruption then they should keep their money or go and invest in Russia, uzbekenstan or Libya for all we care. Our goal is to have a reasonably fair, clean and transparent economic and political system.
    2- to refresh monkey face Metuh’s memory, the reason we are in the dire economic and social situation is because we have for the past 16 years relied on the PDP to have made all the changes APC is now making. His party PDP destroyed the country so badly it will takes years to restore back to something close to a normal standard of what a country should be as accepted by international standards.
    3-Again Mr. Metuh’s, if you remembered how to blow grammar during the past six years you should have written to the idiot we had as a president on all the points you made; instead you were busy helping ferry away money stolen by your colleague Diezeni;flying in private jets with your runs girls in tow all over the world and hiding stolen funds abroad . Did it ever occur to you to at least re-invest our oil money in Nigeria? Again,did you just wake up today after you realized in your dream that we needed “serious innovative and practical approaches” to resolve our economic issues which by the way, were caused by the PDP?
    4-Mr. Ole Metuh, sometimes it is just wise to #shut- the -fuck up and take a long deserved break, perhaps go and relax and re strategize how your dead party can be resurrected. You have enough money hidden in your account in the Caymans and the one in Maldives(in fact, I was told to specifically mention this).Take one of your runs enjoy sometime off, not just for your sake but most importantly for the Nigerian people that are frankly,sick of your drivels.

  2. Wayne

    November 1, 2015 at 6:35 pm

    Errm……. foreign investors already know we are corrupt and dishonest it is not new to us/them ,just like they know the country is not safe. This information is not a secret. So Buhari facing a cleansing in these two areas is a welcome idea on their parts I am sure they can’t wait to come and invest here where they know they will not be frustrated to give bribe or afraid to move around the country. PDP olisa !!!!!!! what are you on about? When these areas are cleansed every other thing disturbing and giving Nigeria problems will fall into place without any effort.
    #positive change
    = constant electricity without spending billions or awarding contracts
    = make corrupt officials in customs to resign
    = for the first time have hope for my children
    = efcc,icpc,ccb start working
    PDP have run out of reasonable critics…

  3. George

    November 1, 2015 at 7:51 pm

    Wale, fine u made ur point clear but the idea of insulting while making ur point is what I term derogatory. I must not insult u to tell u the right thing. The world know that Nigeria is corrupt but for the President to be saying it anywhere he goes is what I agree with Olise Metu. U can go on air to tell everyone that u have bad son even wen u are called to advise children, there are ways to say it diplomatically that everyone will u see u as a wise person.

  4. James

    November 1, 2015 at 8:16 pm

    @Wale & Wayne, So far it has been all blame coming from the Office of the President. When are they going to start doing the job they were elected for? Six months have passed and the President and his people have only just managed to pick his saintly ministers with no portfolio. How much longer do Nigerians have to wait before we see some actual work getting done in this country?

    Nigeria is not a fiefdom where one man runs it as it is their sole property. Businesses are folding because of the current administration’s drag their feet attitude to confronting the economic issues facing the nation. Foreign investors are wondering if there is any one in charge in Nigeria. All we hear from the APC led government is “We will, We will.”

    Nigerians cannot wait forever because there are events that are happening outside of this country which affects us directly whether we like it or not.

    Let “Baba go slow” stop the foot dragging or come out and tell Nigerians he doesn’t have any idea what to do.

    • Wayne

      November 1, 2015 at 9:42 pm

      @James. If it takes us two years sef to clean up and finally remove this cancer of corruption and insecuritif it is the sacrifice we need to make to be where we want to be economically and nationally.
      Let him do his work his own way and set us into the right integral culture I can swear that if this happens everything else will fall into place. Nigerians should be patient please it took 16years or more to be in this mess a year of patience is not bad

    • Livy

      November 2, 2015 at 8:20 am

      SMH… No one is telling PMB not to clean up the system and to fight corruption… however, overseeing a country without a clear cut economic direction or policy is highly irresponsible especially for a developing economy in this dire time. ECONOMY is a core part of the indices for evaluating the competence of world leaders.

    • Celeste

      November 2, 2015 at 1:48 pm

      @Wayne: It didn’t take 16 years OR more to get Nigeria into our mess. That OR in your comment is misleading. Our problems started way back before independence, and yes we can blame the british for our pre-independence problems, but we and our leaders are to blame for our post-independence problems which was compounded by the military which his excellency, PMB is a party to.
      It is very immature of you to insult people and call them names to sell your point, and you particularly shot yourself in the foot by revealing that “you were specifically told” to mention that Olisah Metuh had money hidden in Maldives. Told by who? By your pay masters? It is obvious that you and your cohorts are desperately trying to spread a propaganda to gullible Nigerians. Please be smart next time!
      Finally, I agree with @ mama: “Nigeria will move forward when we drop the reasoning of ‘my man’ can do no wrong”. You need to drop it and accept that PMB is not perfect, neither is he a saint. Let’s call a spade a spade and work together to make Nigeria great!

  5. art

    November 1, 2015 at 9:20 pm

    Sorry Buharimanias but i agree with Metuh on this one. No need to be sentimental here, our economy is down sliding, not to talk about security and unemployement sef. While I appreciate the challenges the govt. Has to grapple with, I believe we need some real ingenuity and a whole lot of hard work to turn things around and not all this shenanigans that the govt is constantly engaged in. Go around different parts of the country and feel the pulse of Nigerians and you’ll discover that The struggle is real, poverty index has risen real high. Excuse they give is blame everything on the last administration, hello! is that not why Nigerians voted for “Change”?. They didn’t vote you into office to be acting drama. it’s 6 months already get to work.

    • Wayne

      November 1, 2015 at 9:37 pm

      You cannot have a good economy until corruption and security is taken care of…………it’s like having a solid foundation!!!!without this Nigeria will continue to remain like this from one administration to the other!,!
      Please let us sacrifice patience and get this thing right once and for all!!

    • MRS_ID

      November 2, 2015 at 12:06 am

      You JOKE!!!

  6. megritzy

    November 1, 2015 at 9:47 pm

    Please reduce price of tomato… All I hear everyday is apc and pdp.. How else take help us

  7. megritzy

    November 1, 2015 at 9:48 pm

    Please reduce price of tomato… All I hear everyday is apc and pdp.. How does it help us

  8. mama

    November 2, 2015 at 9:39 am

    Nigeria will move forward when we drop the reasoning of “”my man can do no wrong””.I support Buhari too but where he has done wrong let us say so.You cant tell investors how bad and corrupt your nation is and in the next breath you are telling them to come and invest. George this investors know we are corrupt that is why they have not yet invested in Nigeria all this while I would expect his excellency to say yes Nigeria is corrupt but we have taken this step and this step and this is the result and this is what we are doing and this is what we hope to achieve in the next six months .one year ect. Wayne when someone has cancer he does not stop eating while trying to face the cancer hunger go kill am. Please let Buhari face the economy while fighting corruption.

  9. Gistyinka Blog

    November 2, 2015 at 12:16 pm

    The PDP’s need to re-strategies on how they can formed a formidable good opposition party for the benefit of Nigeria democracy, but they are right on this view.. Baba Go Slow need to sell Nigeria very well in the international community rather than telling the international media that Nigeria is a corrupt nation, even the western world he run after to are also corrupt as Nigeria. ..

    President Buhari need to start working, rather than still preaching to us that Jonathan’s administration is corrupt..

  10. Celeste

    November 2, 2015 at 1:02 pm

    I agree with PDP and Olisah Metuh on this one. Need we remind the presidency and the APC that they are no longer in opposition and so should stop playing opposition politics and really get to work. I make bold to say that such discouraging comments from the president is unwarranted at this time – almost six months in office. When they (APC) took over, they were right saying what they want/like to Nigerians about the state of the economy – which they already said during the campaigns was bad and promised to fix, so they knew what they were getting. Seriously, this blame game has really been over-flogged and the president announcing such about our economy which he is overseeing to the world is very demeaning and discouraging. How then do attract foreign investors to our economy? PMB is basically telling the world our economy is no good and they should invest elsewhere. He is not even encouraging indigenous investors and the local market with such unguarded remarks. No reasonable government talks about their economy and country in that manner. No economy is perfect, yes, even America and Britain isn’t but they work assiduously to get it right, while marketing/selling their economy properly. Let no one deceive themselves that this is about being honest – this is about government, you shouldn’t lie but somethings better left unsaid, un-exposed and managed to get well; their are dirty linens you shouldn’t wash in public in the name of honesty in government because doing so will cause more damage/harm than good. That said, Nigerians are not willing to accept excuses and blame of past government from PMB, as reason for failure to deliver effectively and efficiently; this government should get to work, 2019 is getting closer by the day.

  11. Celeste

    November 2, 2015 at 1:05 pm

    There are dirty linens*

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