THE Peoples Democratic Party (PDP) has observed that President Muhammadu Buhari alleged poor understanding of current global economic dynamics and his cover of humongous corruption in his Presidency have completely wrecked the nation and directly responsible for the accumulated N22 trillion national debt burden.
The party said in a statement issued in Abuja by Kola Ologbondiyan, its National Publicity Secretary that had President Buhari “heeded wise counsel from the PDP to allow competent hands to manage the nation’s economy and had he not continued to provide official cover for corruption in his Presidency, the nation would not have been in this current embarrassing economic situation.”
The statement observed: “Since President Buhari assumed office and took control of our once robust economy, his administration has not been able to articulate any germane policy to sustain, let alone, grow the economy, but had instead, resorted to borrowing, while allowing his cronies and APC leaders to fritter away trillions of naira earned by the nation in the last three years.
“Why would the Buhari administration not accumulate debts when it has continued to cover up corrupt practices under its watch, including the alleged stealing of N9 trillion, through underhand oil contracts in the NNPC and Ministry of Petroleum Resources as well as the alleged illegal lifting of crude oil worth N1.1 trillion by 18 unregistered companies to service APC interests, among others.
“Moreover, the Buhari Presidency has refused to explain the whereabouts of trillions of naira unremitted oil revenue, resulting in the deadlock at the Federal Accounts Allocation Committee (FAAC).
“If these monies were properly accounted for and utilized, Nigeria will not be in this dire economic situation which has brought hunger and starvation on Nigerians and rendered millions of compatriots jobless, while President Buhari and his officials live in affluence.”
The PDP recalled various red flags by international agencies, including Transparency International and the World Bank on the poor management of our economy.
It added: “Besides, the Presidency has been concealing the fact that Petroleum sector under President Buhari has been inducted into the FOI Hall of Shame by Media Rights Agenda (MRA) following government’s relentless secrecy and violation of rules in the sector.
“We invite Nigerians to note that since President Buhari intensified his re-election bid, there have been huge dearth in investment inflow, further depreciation of the naira and a dangerous slide in the capital market, all signposting that our nation will continue to face perilous time as long as President Buhari is on the saddle with his array of persons with doubtful credentials as ministers and special advisers.”
The PDP, therefore, urged President Buhari to take responsibility for the escalated debt, stop offering excuses and “get ready to accept defeat and quit the stage in 2019, so that more competent Nigerians can revamp our economy on the platform of the repositioned PDP.”
Nsogbu
What of the armed deal money the PDP share?
So APC also should share d 22trillion
Tell that to buhari
Readers I can’t just explain my joy am now hepatitis b free all thanks to God for using Dr ebhote to save me of this virus u can call or whatsapp him on +2347051969183
where did he keep all this money chaii
Who brought monkey inside church God have mercy
Chop the chop apc/pdp Wahala dey oooooo
♊♊⛔FRESH HERBAL PROTECTS AGAINST INFECTIONS….??
We Have Herbal products that Cures Any long time infection,Fibroid,Std, Staph Aureus, Breast Cancer,Herpes,Hepatitus,Fat and tummy slim, Ulcer, Diabetes,Mouth Odour,Vagina Tightening,H.b.p Infertility, Cancer,quick ejaculation,lowsperm,toilet infection,vagina discharge,Teeth problem,Many more e.t.c.
Our Products is safe to use & we ship to anywhere you are located.
Danstoof solutions contact. 08034124640 , 07056663481
√√√√ IT IS ONLY THE WISE INVEST ON THEIR HEALTH::::)
We Have Herbal products that Cures Any long time infection,Fibroid,Std, Staph Aureus, Breast Cancer,Fat and tummy slim, Ulcer, Diabetes,Mouth Odour,Vagina Tightening, H.b.p,Herpes,Hepatitus,Infertility,Cancer,quick ejaculation,lowsperm,toilet infection,vagina discharge,Teeth problem,Many more e.t.c.
Our Products is safe to use & we ship to anywhere you are located.
Danstoof solutions contact. 08034124640 , 07056663481
We Have Herbal products that Cures Any long time infection,Fibroid,Std, Staph Aureus, Breast Cancer,Herpes,Hepatitus,Fat and tummy slim, Ulcer, Diabetes,Mouth Odour,Vagina Tightening,H.b.p Infertility, Cancer,quick ejaculation,lowsperm,toilet infection,vagina discharge,Teeth problem,Many more e.t.c.
Our Products is safe to use & we ship to anywhere you are located.
Danstoof solutions contact. 08034124640 , 07056663481,
®®®©© ATTENTION HEALTH NEWS ALERT::)
THE WISE INVEST ON THEIR HEALTH::::)
But the money was not shared after all, unlike what was in vogue during their ignoble days?
Thank God PMB uses all the borrowing monies to revive Ajeokuta steel rolling mills.Nigeria Air,railways,first light rails, N power,home grow schools feeding,agriculture,security,sea port in Nija baro,resustate our broken refinaries. Growing and dev our desintgrated and sinking economics from pdp (draculas,bloods sucking,barbaric,) and many more.what PDP archieved during their worst devastated 16yrs of misrule,and where were all borrowed and all our revanues??
How long shall this Fulani terrorist government last with their army of terror????
I am not not trying to judge the presidents performance but the statement you made about Ajaokuta is annoying theFederal Government has not done anything concerning Ajaokuta. Nothing has been done about Ajaokuta the industry is moribund. Where did you get your facts or figures ?
Salisu Muhd Abubakar you’re a useless animals, keep on blaming your dead father for your failure, Ewu
Chai. Terrible comment
But if we may ask, where is the money spent …?