The Labour Party has called on the presidential candidate of
the All Progressives Congress (APC), Bola Tinubu and his running mate, Kashim
Shettima, to withdraw from the 2023 election.
The Labour Party also wants all the APC governorship
candidates, the senatorial candidates, the House of Representatives and State
Assembly candidates to drop their ambitions ahead of the 2023 elections.
This was disclosed by the party’s National Publicity
Secretary, Abayomi Arabambi, in a statement to commemorate Nigeria’s 62nd
Independence Day Anniversary.
According to the statement made available on Monday,
Arabambi accused the President Muhammadu Buhari-led APC government of running
the nation into debt, saying Nigerians would not fail to vote out the APC if
its candidates refused to resign honourably.
Arabambi maintained that the Buhari government in the first
four months of 2022, revealed through the Budget and Planning Mininstry that
the cost of debt servicing had surpassed its revenue in the four months under
review.
He claimed that APC government spent a total of N4.2
trillion between January and April 2022 from the earmarked N17.32trillion for
the whole year.
“In these same four months, a sum of N285bn was earned as
oil revenue, this represents a shortfall of 60.9% of the prorated figure of
N730.12bn,” he said.
The LP spokesman quoted the Director-General of the Debt
Management Office (DMO), Mrs Patience Oniha, as having confirmed that Nigeria’s
total public debt stock representing domestic and external debt stock profile
as at March, 2022 stood at N41. 60 trillion and N42.84TRN ($103.31billion) as
at June 30, 2022.
Arabambi said that dividing the debt figure by 200 million
Nigerians, including 50 million yet unborn, would mean that that “every
Nigerian as at June 30 2022 is indebited to the tune of N170,000 naira each.”
He recalled that the Labour Party presidential candidate,
Peter Obi, had on many occasions recommended that government’s borrowing must
be at statutory 5% of the previous year’s revenue, saying, however, that the
APC government ignored the wise counsel of Peter Obi.
He said, “It is necessary at this juncture for Nigerians to
immediately join the cry for the demand for the resignation of the APC from the
seat of government, now that it is not in doubt that it has finally ruined a
substantial part of the future of Nigeria with its avoidable act of running the
country into insolvency.
“The growing cluelessness of the APC in its incompetent
management of the country’s econony is easily observed from the silly and
unending oil subsidy deductions choreographed calculated scam.”
The Ogun politician held that the Federal Government can
build two oil refineries with N11 trillion instead of wasting money on fuel
subsidy.
He lamented that the APC government is proposing N6.7
trillion to fund fuel subsidy, while it is planning to borrow N11 trillion to
support the 2023 Budget expenses.
“Fellow Citizens, the painful truth is that N11 trillion can
build from scratch, two good refineries for the country.
“Unless we, the being wickedly mortgaged Nigerians as a
collective pull resources and worth together to influence a change quickly in
the political leadership of the country, it won’t be long when Nigeria will be
turned into an extinct nation by the APC.
“LP has chosen to advise APC to immediately withdraw all its
candidates from the 2023 elections and safe itself the embarrassment of
repeated public lies and falsehood that has become its main character in
government.
“No responsible Nigerian will try to insult his/her
integrity by either secretly or publicly trying to canvas votes for the APC
with its record of ethnic bigotry, official rascality and unheard-of
incompetence and shameful cluelessness.
“It is now clear that APC has gone beyond a point where it
can start to repent. It is so insulting and unintelligent.
“Nigeria now must be sure that the APC led Federal
Government is bent on completely running Nigeria into irreversible poverty and
misery.
“No one should be hesitant in becoming part of the political
struggle to send APC out of Government if it fails to resign honourably right
now.
“In view of this deliberate infractions, divisiveness,
wickedness and lawlessness, Labour Party hereby calls for the immediate
withdrawal of all APC candidates from the 2023 general elections so that
Nigeria will not go into final extinction,” he submitted.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com