The Peoples Democratic Party, PDP, Board of Trustees, BoT has chided President Bola Tinubu’s administration over the lingering hardship in the country.
After its meeting in Abuja on Thursday, the BoT in a communique lamented the fall in the value of Naira against the US Dollar without any visible solution.
Naira had gone further down to the dollars on Thursday and had exchanged for 950/1USD
Speaking on the matter, the BoT attributed the fall of Naira to “ill-implemented policies” of the Tinubu-led All Progressives Congress, APC government.
Also lamenting the deteriorating security situation in the country amid apprehension, the party alleged that such was caused by the “ill-planned policies” of the present government.
The party said: “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”.