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Nigerians will vote APC despite falling naira, killings- Youth leader. By Eniola Akinkuotu
01/14/2022 18:14 in News

The National Youth Leader of the All Progressives Congress, Ismaeel Ahmed, says Nigerians will still vote for the All Progressives Congress in 2023 despite the falling naira and the insecurity which has led to the killings of thousands.

 

Ahmed said this during an interview on Channels Television’s ‘Sunrise Daily’ programme on Wednesday.

 

The youth leader was reminded of his criticisms of the administration of former President Goodluck Jonathan when the exchange rate was slightly about N200/$1.

 

When asked if Nigerians would vote for the APC next year given the fact that the current exchange rate in the parallel market is roughly N570/$1, Ahmed argued that when the President, Major General Muhammadu Buhari (retd.), took office in 2015, oil prices plunged, causing a scarcity of foreign exchange.

 

He said Nigerians would understand this when they head to the polls next year.

 

When asked if Nigerians would vote for APC in 2023, Ahmed responded, “Yes, I think more numbers will come and let me tell you the reasons so we don’t have false equivalences of comparisons. When we talked about this in March 2015, how much was a barrel of crude oil going for in the international market? $100, $140?

 

“It was an average of $120 to $140 so we had a lot of money coming in and we had two million barrels per day of production. When we came in 2015, by November or so it fell to about $38. At some point, the production of a barrel of crude was about $20 and we were selling it for $21, $25, $30, making a net profit of about $10. And we knew we had an infrastructural deficit.”

 

 

He added that when the matter is put up for a debate, the facts would be laid bare before all Nigerians.

 

“I am not going to sit down and say we can sing Kumbaya and say we have not had challenges but I think when it is time for debate, to discern not emotional headlines, to dissect and take these headlines bit by bit, I think we will still have a winning argument and we will have a reason to go back to the people to say I know where we are not supposed to be but we are not where you used to be,” Ahmed said.

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