Okonjo-Iweala’s economic policies unfavourable —Labour Party

The Labour Party on Tuesday in Abuja faulted the economic policies of the Federal Government, describing them as unfavourable to the citizens.

The party also warned that with the way the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, was handling the economy Nigeria might not be able to fulfil her promise of generating employment.

The National Chairman of LP, Mr. Dan Nwanyanwu, said this during a courtesy call on him by the Inter-party Advisory Council led by Dr. Yunusa Tanko, who is also national chairman of National Conscience Party.

He also warned against reckless abuse of President Goodluck Jonathan, especially by the opposition.

He said, “The way the economy is being run by the coordinating Minister, Okonjo-Iweala, will not create the kind of development we need. The way she runs it will not give employment to Nigerians. She must change her tactics because her policies are hurting the economy.

“All those economic politics will not help Nigeria. All those economic policies are not helping Nigeria and I think with the away the Coordinating Minister is running the economy, we may not be able to generate the employment needed.”

While warning political leaders, especially those in the opposition parties on the need to desist from hauling insults at the president, Nwanyawu suggested that IPAC should call a meeting of all political parties “and look for a means of addressing issues, try and fix a meeting with the President.”

According to him, abusing the President unnecessarily would not earn Nigeria respect in the comity of nations.

He said, “We’ve political leaders, who wake up and just abuse the president. Our president is the most insulted, most disrespected and abused in the history of Nigeria.”