The presidential candidate of the Social Democratic Party, Adewole Adebayo, has said the naira will become a stable currency if he is elected the president of Nigeria in 2023.
He said he would not promise that naira would become equal to dollar but would ensure that the value of the country’s currency stops dwindling.
He said this on Sunday while inaugurating his campaign office in Ibadan.
The SDP candidate said the President, Major General Muhammadu Buhari (retd.), would not be rated by him because the President was virtually absent in all the key sectors.
He said, “SDP won’t make any promise when campaign starts but plans. Please take note of when campaign starts. Just as it was done during the time of Awolowo. We will give you plans that have timelines, costs, objectives and the people that are going to implement them.
“We are going to have a stable currency. I am not saying one naira will become one dollar. No. We will keep the same exchange rate during our tenure and we will bring inflation to a single digit.
“I will rate the present government led by General Muhamadu Buhari absent because it does not show up for the examination at all. If you have a generator now, it shows the government has failed in the area of power. If your child is an undergraduate and he is at home, that means the government has not performed.
“If you are relying on ( Sunday) Igboho and other people to help chase bandits, it shows that government has not performed. If you are unemployed or you are a pensioner and your money has not been paid to you that means the government has not performed.
“Not as if they performed poorly but they are not there at all. We are going to set up a proper government that knows how to render services. We are going to put a round peg in a round hole. ”
Adebayo added that he would make the country to work effectively by implementing programmes that were mandated by the constitution.
He said he would do everything to banish poverty and insecurity which had continued to ravage every part of the country.
“Insecurity, economy sabotage, high rate of unemployment and inflation, mismanagement of the budget and disunity are the problems we are having today. What I will do differently is to implement the programme which is constitutionally mandatory in chapter 2 of our constitution.
“Fundamentally, implementation of state policy and to implement the policy of the Social Democratic Party out of which we have drawn out two things which include a farewell to poverty and security.
“We are also going to make sure that our politics is not a money bag politics so that we can make diverse people who are talented people who will come from different parts of the country.
“We are going to have a united front of the country with social investment into education, health housing, food production, employment and general infrastructure. These are the things we are going to do differently.”
