By Eric Elezuo
The Social Democratic Party (SDP), Lagos State branch, has endorsed the candidacy of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, in line with the Afenifere.
In a press release made available to the newsmen, the party rejected the earlier endorsement of President Muhammadu Buhari by the former Chief Olu Falae-led executive, saying that there is nothing to write home about the administration of the incumbent president.
It outlined the decline in the country’s GDP, drop in FDI, weakened status of the stock market among others.
See the press release:
LAGOS STATE SDP REJECTS BUHARI
We, the elected officers, candidates, stakeholders, and entire membership of the Social Democratic Party (SDP) in Lagos State hereby wish to inform the public and our numerous supporters that we unequivocally disassociate ourselves from a statement attributed recently to the National Executive Council (NEC) of the SDP in which it was purported to have endorsed Muhammadu Buhari for President.
We cannot support Buhari for re-election when his first term in office (2015-2019) has been a dismal failure. On Buhari’s watch, Nigeria’s GDP declined, Direct foreign Investment dropped, the stock market weakened, the cost of petrol, diesel, kerosene and food items multiplied, and the naira at 360 to 1 dollar is at the lowest point in the history of Nigeria.
In tangent with Afenifere, the philosophical guidian of the Social Democratic Party, we believe that the ideology of Restructuring and true Federalism will propel Nigeria’s security, prosperity and progress. And in so far as Alhaji Atiku Abubakar has over time expressed a clear commitment to restructuring, we concur with Afenifere in endorsing Atiku Abubakar as President of the Federal Republic of Nigeria in the upcoming 2019 election.
Otunba Tunde Onakoya
Lagos State Chairman, SDP
Dr. Adetokunbo Pearse
SDP Governorship Candidate
Lagos State, 2019