PDP Governors’ Forum Expresses Concern Over Rising Cost of Living, Draws Parallel with Venezuela’s Economic Crisis

Taiwo Ajayi
3 Min Read

The People’s Democratic Party Governors’ Forum (PDPGF) has voiced deep concern over the escalating cost of living in Nigeria, drawing comparisons to the economic turmoil experienced by Venezuela.

Chairman of the forum and Governor of Bauchi State, Bala Mohammed, conveyed this sentiment during an interview with journalists following a meeting held at the Oyo State Governor’s Lodge in Asokoro, Abuja, on Monday.

Governor Mohammed highlighted the rapid depreciation of the naira and the soaring cost of living as alarming indicators of Nigeria’s economic challenges. He emphasized the need for collaborative efforts between the federal government and sub-national governments to address the prevailing economic and security crises.

Acknowledging the role of the federal government in setting monetary and economic policies, Governor Mohammed reiterated the PDPGF’s commitment to mitigating the impact of these policies on the populace. He underscored the forum’s bipartisan approach and collaboration with other stakeholders to alleviate the hardships faced by Nigerians.

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The forum also affirmed its support for the restructuring and revitalization of the Peoples Democratic Party (PDP) to enhance its effectiveness as the leading opposition party in Nigeria. A vote of confidence was passed in the Iliya Damagum-led National Working Committee (NWC) of the party, with a call for the expeditious convening of meetings across various party organs.

In addition to Governor Mohammed, other attendees at the meeting included Governor Siminalayi Fubara of Rivers State (Vice Chairman), Governor Seyi Makinde of Oyo State, Governor Ahmadu Umaru Fintiri of Adamawa State, Governor Caleb Mutfwang of Plateau State, Governor Dauda Lawal of Zamfara State, Governor Kefas Agbu of Taraba State, Governor Godwin Obaseki of Edo State, Deputy Governor Ifeanyi Ossai of Enugu State, and Deputy Governor Monday John Onyeme of Delta State.

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The forum reiterated its commitment to addressing the nation’s challenges and providing succor to the Nigerian people amidst the prevailing economic and security crises.

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