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Nairametrics
Home Business News

Like Minds? Communist Cuba Party Is Inviting APC TO Visit Cuba

Nairametrics by Nairametrics
May 11, 2016
in Business News, Funds Management
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The All Progressive Congress (APC) the ruling party in Nigeria has been invited by the Communist Party of Cuba to visit the republic of Cuba.

“On behalf of the Central Committee of the Communist Party of Cuba, we would like to express to you the most heartfelt expressions of friendship and solidarity of the Cuban people towards the Nigerian people and the political force that you preside over.

“We are confident that under the leadership of the All Progressive Congress, the existing historical links between our two peoples will continue to strengthen.

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“We take up this opportunity to invite you to visit our country leading a delegation of your party. Your visit will be an excellent occasion to exchange opinions of mutual interest.”

Cuba is a communist country and us extending this invite to an party in Nigeria with socialist inclinations. The ruling party, APC just recently signed its 2016 budget which they hoped with stimulate the economy. The party has been often accused of holding tightly to socialist policies that tend to have the government hold on to assets and policies that favour government ownership and control of critical resource of the economy instead of allowing the private sector.

Cuba is a communist country and runs an economy that is essentially owned by the state.

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 1

  1. Xanthos1 says:
    May 11, 2016 at 11:36 am

    it is mischievous to be comparing Nigerian capitalist economy with Cuban communist one, the fact that the government is still holding on to some national assets will not justify that comparison. what has been the performance of already privatized sectors, some of the investors are still crying for grants from FG.

    Reply

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