The Peoples Democratic Party (PDP) has claimed credit for the N804 billion bailout fund ordered to be released to distressed states’ governments by President Muhammadu Buhari on Monday.
In a statement issued on Tuesday by its National Publicity Secretary, Olisa Metuh, the PDP said a significant amount of the bailout came from savings accumulated in the Excess Crude Account handed over to the Buhari administration by the last PDP-led government.
“This development is in clear contradiction to the earlier impression given by President Buhari to Nigerians and the international community that they should not expect much from his administration in its first 100 days because according him, upon assumption of office, he met a virtually empty treasury.
“We want to believe that given the President’s release of such huge amount, he may have realized that he was earlier misdirected on the actual financial state of the nation at the time he took over. In this regard, we expect the President, as a respected statesman to do the needful to correct that erroneous impression.
“Furthermore, we expect President Buhari’s APC administration as direct beneficiary of this savings initiated by past PDP administrations to appreciate the strategic importance of always saving for rainy days and as such guarantee prudent and transparent management of the nation’s resources now under its care,” the party said.
The party charged the APC as a party in government to put its house in order, desist from what it termed injecting confusion and distracting the President from settling down to form a government and face the enormous challenges of governance, especially the implementation of his long list of campaign promises to Nigerians.
Make dem rest abeg! D money no be 4 other reasons? Na for dis purpose dem save am? Where d real money wey dem suppose use for salaries and other forms of upkeep? Mscheew
ReplyDeleteThe APC state governments don chop the money wey den suppose to use pay dem workers. Den don chop am tru bogus contracts! Na de APC states dey bankrupt.
Deletewill these guys shut up already?
ReplyDeleteSo the PDP lack the ability to understand, that's the reason they refuse to understand the needs of Nigerians. The money was source from the dividends of NLNG not ECA or SWF bcoz using those funds will bankrupt the nation in case anything happen. They are use as insurance for the nation.
ReplyDeleteOlisah do you reason before you talk? Nnaa I do not understand you at all.Which money did the last government save? This he goat must be put to order or else.......
ReplyDeleteOlisa is a monumental fool. Pdpigs messed up this country to this sorry state.
ReplyDeleteLa, na you be the fool wey den don confuse with propaganda. You go school but no fit think! How the PDP mess up de country and how APC dey correct am?
DeleteCongratulations to the PDP for the bailout credit they are claiming but why were the money owed by these governors when the DPD was the ruling party at the national level in the Country?
ReplyDeleteCan we believe that no money has accrued to the Federal account since they were sent out of power?
Methu and PDP can continue to deceive themselves Nigerians are no fools.