PDP asks Buhari to probe allegations of looting before May 29 | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f


The Peoples Democratic Party has advised President Muhammadu Buhari to, within 14 days, account for the alleged corruption and treasury looting, under his watch, before May 29 when his first term will expire.

The opposition party put the amount involved at over N14tn .

The PDP insisted that Buhari must prove his integrity by opening up his tenure for investigations, the same way his Presidency was demanding of other elected officials in the legislature and state governments across the country.

The party’s position was contained in a statement made available to journalists by its National Publicity Secretary, Kola Ologbondiyan.

It urged the Chairman of the Presidential Advisory Committee on Anti-corruption, Prof Itse Sagay, to help the nation by advising the President to present his stewardship for investigation for alleged corruption, instead of his (Sagay) unnecessary fixation on court rulings on Rivers State.

The PDP claimed that the Buhari-led All Progressives Congress administration was going down in history as “the most corrupt administration ever; a stinking sanctuary of treasury thieves that thrives in manipulation, deception and official concealment.”

“It is totally unpardonable that President Buhari, despite his claimed integrity and zero tolerance for corruption, not only superintends over an administration that reeks and wallows in ocean of corruption, but also refuses to allow any investigation into earth-shaking corruption under his watch,” the party alleged.

The PDP, therefore, asked the Buhari Presidency to order investigation into the whereabouts of N9tn ($25bn) allegedly stolen in the Ministry of Petroleum Resources, through under-hand oil contracts as detailed in a leaked memo of the Nigerian National Petroleum Corporation.

It added, “The Buhari Presidency should also explain the circumstances surrounding the alleged corruption in the handling of the N2.6tn oil subsidy regime, particularly the alleged N58 hidden tax per litre which Nigerians have continued to bear since the fuel price increased from PDP subsidised cost of N87 to presumably unsubsidised cost of N145 as well as the reported stealing of N1.1tn worth of crude oil using 18 unregistered companies, allegedly linked to members of the cabal at the Presidency.

“The PDP challenges President Buhari to allow an investigation into the alleged looting of over N40bn internally displaced persons’ funds; the over N45bn allegedly looted from the National Health Insurance Scheme; the alleged siphoning of $322m repatriated funds; the alleged extortion of N1.2bn through the Central Bank of Nigeria’s Anchor Borrowers’ Programme, as well as the billions stolen under the tradermoni project, among others.

“Unless Mr President has something to hide, he should within the next 14 days, allow for an independent inquest into these allegations of corruption.”

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