- The ruling APC has refused to join the “Consumption To Production” campaign mantra of the Labour Party Presidential candidate, Peter Obi
- In fact, the director, media and publicity, All Progressives Congress, Bayo Onanuga, noted such an idea of Obi is "meaningless"
- Onanuga, a strong supporter of the APC flagbearer, Bola Tinubu, also maintained that the 'consumption and production' mantra is needed for a vibrant economy
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The director, media and publicity, All Progressives Congress (APC), Bayo Onanuga, has said the campaign mantra of the Labour Party presidential candidate, Peter Obi, which promises to move Nigeria from an economy of consumption to that of production is self-contradictory and meaningless.
According to him, a vibrant economy will ride on the twin horses of consumption and production, adding that both cannot do without each other.
Onanuga gives reason
He said this in an article titled, ‘No Peter Obi, You Cannot Shift Emphasis From Consumption To Production,’ on Friday, December 9, The Punch reported.
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“One of the mantras often mouthed by Mr. Peter Obi, the Presidential candidate of the Labour Party, is the promise to “shift emphasis from consumption to production”. In his manifesto, he says he will do this by running a production-centered economy that is driven by an agrarian revolution and export-oriented industrialisation.
“I doubt if Peter Obi and his moronic followers have ever for one second reflected on this mantra as it is self-contradictory and meaningless.
“A vibrant economy will ride on the twin horses of consumption and production. It cannot do without one, for it is basic economics 101 to know that production happens in expectation of consumption.
“Both concepts are natural corollaries, consumption following production."
Reactions as Labour Party governorship candidate dumps Peter Obi, supports another presidential flagbearer
The defection of Lasun Yusuf, a prominent politician in Osun state, from the Labour Party to the Peoples Democratic Party (PDP) has continued to generate heated reactions on social media, especially Twitter.
Yusuf, who contested for the 2022 governorship election in Osun state under the LP, was expected to work for the victory of the party's presidential candidate, Peter Obi, in the southwestern state in 2023.
However, his defection means he will now work for the PDP presidential candidate, Atiku Abubakar.
I’ll assist in making Peter Obi president, Kenneth Okonkwo vows as he joins Labour Party from APC
In another report, ace actor Kenneth Okonkwo informed his fans that he officially joined the Labour Party weeks after announcing that he had left the ruling All Progressives Congress (APC).
"We're bent on winning 2023 presidential poll with Peter Obi," LP chieftain dismisses report of party crisis
Kenneth noted that he became an official Labour Party member on Tuesday, August 23, 2022, after meeting with the party's national executives in Abuja.
He revealed that he felt welcomed by the reception he got from the party and promised to contribute his own quota to the emergence of Peter Obi as president next year.