The Peoples Democratic Party (PDP) yesterday accused President Muhammadu Buhari, of planning to illegally impose a communist economic regime on Nigerians, stressing the recent foreign exchange transaction restrictions by this government were illegal, unlawful and void.
The party while stating that the delay in forming an economic team three months into this administration was leading the country into economic quagmire and doldrums, alleged that Buhari has plans to unlawfully repeal the provisions of the Foreign Exchange Monitoring And Miscellaneous Provisions Act and replace it with a unilateral imposition of new regulations. It stressed that the recent series of bans amounted to complete clampdown on free trade.
