State governors elected on the platform of the Peoples Democratic Party said on Monday that Nigeria, under the leadership of President Bola Tinubu's All Progressives Congress-led Federal Government, was almost on its way to becoming like Venezuela.

Venezuela currently faces challenges such as political corruption, persistent shortages of food and medicine, business closures, high unemployment rates, decreased productivity, human rights violations, serious economic mismanagement and heavy dependence on oil, factors that worsened the crisis. .

Recently, there has been a notable increase in cases of kidnapping and various other crimes in Abuja and other regions of Nigeria.

Furthermore, food prices have been rising, making it difficult for most Nigerians to afford it.

To address economic and security challenges, PDP governors renewed their call on the state police and urged the Federal Government to address the declining value of the naira.

The governors, who made the appeal after their meeting at the Oyo State Governor's Quarters in Asokoro, Abuja, on Monday, said they were committed to renewing and repositioning the PDP to serve as an effective opposition to the ruling party in the Nigeria.

The Chairman of the Forum and Governor of Bauchi State, Bala Mohammed, who described the party as the most democratic party, said: “What we are doing is providing constructive criticism to the questionable policies of the Federal Government.

“But at the beginning of this administration we supported the removal of the subsidy. We believed that safeguards existed and that, if we made collective decisions, we should comply with them. However, we are now witnessing a free fall in the naira.

“The cost of living is skyrocketing and we are almost on the path to becoming like Venezuela. Therefore, we offer concrete opposition without insulting anyone. Ultimately, the decision rests squarely with Nigerians and other bodies in the country to ensure that we take measures that bring relief to us all.”

Mohammed revealed that the PDP governors will work closely with the APC-led Federal Government in a manner that will provide some relief to the people at the grassroots level.

“The increase in the cost of living is not the sole responsibility of the Federal Government. We have collaborated with them to avoid distractions, but monetary and economic policies are the direct responsibility of the Federal Government,” she noted.

The governors present were the Vice Chairman of the PDP Governors Forum, Siminalayi Fubara (Rivers State); host, Seyi Makinde (Oyo State); Ahmadu Umaru Fintiri (Adamawa State); Caleb Mutfwang (Plateau State); Dauda Lawal (Zamfara State); Kefas Agbu (Taraba State); Godwin Obaseki (Edo State); Deputy Governor of Enugu State; and Deputy Governor of Delta State, Monday John Onyeme – Delta State.