Never knew nigerias economy bad 2015 presidential campaign apc
You're referring to the 2015 presidential campaign in Nigeria, specifically the All Progressives Congress (APC) and their economic policies.
Yes, during the 2015 presidential campaign, the APC, led by Muhammadu Buhari, criticized the then-ruling People's Democratic Party (PDP) government, led by President Goodluck Jonathan, for the state of the Nigerian economy.
At the time, Nigeria was facing several economic challenges, including:
- Falling oil prices: The global oil price had plummeted from over $100 per barrel in 2014 to around $40 per barrel in 2015, which had a significant impact on Nigeria's economy, as oil was the country's main source of revenue.
- Inflation: Inflation had risen to over 9% in 2015, making it difficult for Nigerians to afford basic goods and services.
- Unemployment: Unemployment rates were high, particularly among young people, with estimates suggesting that over 40% of the population was unemployed.
- Corruption: Corruption was rampant, with many Nigerians feeling that the government was not doing enough to address the issue.
- Infrastructure: Nigeria's infrastructure, including roads, power, and healthcare, was in a state of disrepair, which was hindering economic growth.
The APC campaign promised to address these issues by:
- Fighting corruption: The APC vowed to tackle corruption by establishing a strong anti-corruption agency and prosecuting corrupt officials.
- Diversifying the economy: The party promised to diversify the economy by investing in agriculture, manufacturing, and other sectors to reduce Nigeria's reliance on oil.
- Improving infrastructure: The APC pledged to invest in infrastructure development, including roads, power, and healthcare, to improve the business environment and create jobs.
- Promoting transparency and accountability: The party promised to increase transparency and accountability in government by publishing the country's budget and ensuring that public funds were used efficiently.
Buhari's campaign slogan, "Change," resonated with many Nigerians who were dissatisfied with the state of the economy and the government's handling of it. The APC won the 2015 presidential election, and Buhari was inaugurated as President of Nigeria on May 29, 2015.