Politics
PDP Urges NASS To Probe Buhari
The Peoples Democratic Party (PDP) has called on the National Assembly to probe the borrowing spree of President Muhammadu Buhari’s government.
PDP said the National Assembly should probe the terms of the borrowing and the handling of the funds.
In a statement issued yesterday by its spokesperson, Kola Ologbondiyan, the opposition party also urged the National Assembly to restrict the Buhari’s administration from further borrowing foreign loans.
The party lamented that despite the huge borrowing spree, there was no meaningful infrastructure to match the huge funds.
The statement reads: “PDP queries the All Progressives Congress (APC)-led Federal Government and the Buhari Presidency over alleged unwholesome borrowings leading to the escalation of the nation debt stock from N12.12 trillion in 2015 to an overburdening N24.38 trillion
in 2018.
“It is saddening and devastating that President Muhammadu Buhari’s administration, in its manifest incompetence and lack of initiative to stimulate and run a productive economy, relies on heavy borrowings and unbearable tax regimes, which have crippled productivity,
caused untold hardship and mortgaged the economic future of our nation.
“Since President Buhari assumed office in 2015, there has been a culture of unexplained borrowings leading to a steep rise in the debt stock from N17.5 trillion in 2016 to N21.72 trillion in 2017 and a huge N24.387 trillion in 2018.
“It is shocking and completely insupportable that our nation’s debt had risen from N21.72 trillion in December 2017 to N24.387 trillion in December 2018, showing an accumulation of a whopping N2.66 trillion in a space of one year.
“President Muhammadu Buhari-led administration, therefore, has a huge explanation to make to Nigerians for its borrowing spree, especially as it cannot point to any meaningful development project into which the borrowed funds were invested.
“This is particularly against the backdrop of allegations in the public space that the borrowed funds, which were taken as development funds, were diverted to 2019 general elections campaign activities of the APC,
a huge part of which ended in private pockets of corrupt APC leaders.
“This is, in addition, to direct frittering of public funds through the alleged N1.4 trillion sleazy oil subsidy regime, the looted N9 trillion detailed in the leaked NNPC memo, the alleged N33 billion fraud in the handling of funds meant for the welfare of Internally Displaced Persons
(IDPs) in the North East, among other sleazes.
“We urge the National Assembly to commence a system-wide investigation into the borrowings by the Buhari administration, particularly the terms of the borrowing and the handling of the funds.
“The National Assembly should also save the future of our nation by restricting the Buhari administration from taking further loans on behalf of our country until explanations are provided on the terms and handling of the borrowed funds.
“Nigerians cannot afford to continue to bear burden of an incompetent and insensitive administration and that is why they eagerly await the retrieval of our stolen mandate at the Presidential election petition tribunal.”
Politics
Don’t Risk Your Legacy, Citizen Begs Jonathan Against 2027 Presidential Race
In a letter titled, “An Open Letter to Former President Goodluck Jonathan,” the observer said Dr Jonathan should be careful not to allow himself to be drawn into partisan calculations driven by ambition rather than national interest.
He cautioned the former president against allowing himself to be used by what he described as desperate political interests.
“I believe this is the time to protect the good name and legacy you have built over the years. You should not allow yourself to be used by desperate political elements who may be more interested in their own ambitions than in the future of Nigeria,” the letter read.
The Social Commentator further warned Dr Jonathan to be wary of those advocating for his comeback, claiming many of them were previously opposed to his administration.
“Many of those calling for your return today were your antagonists, those who frustrated your government back then. You should be careful not to become a pawn in a game designed by others or else they will stain your white with their ‘roforofo’,” he said.
He maintained that Dr Jonathan’s legacy remains defined by his decision to concede defeat in 2015, which he described as a landmark moment in Nigeria’s democratic history.
“Your legacy was built through years of public service and your decision to put the country’s peace above personal ambition at a critical moment in Nigeria’s history. That legacy should not be put at risk because of the desperation of a few politicians,” he added.
Mr Adenuga also alleged that some of the promoters of Dr Jonathan’s return have lost credibility in the public space.
“The truth is that some of the people pushing you to contest have already damaged their own reputations. They should not be allowed to stain your legacy with their soiled hands. What they could not achieve on their own should not be pursued through your name and goodwill,” he stressed.
He concluded by urging the former president to remain above political manoeuvring and protect his place in history.
“History has been kind to you. Preserve that honour and remain above the political games of those who want to use your name for their own purposes,” he wrote.
Recall that former President Goodluck Jonathan recently emerged as the presidential candidate of the Kabiru Turaki-led Interim National Working Committee of the Peoples Democratic Party (PDP) following a special convention held in Abuja, where delegates ratified his nomination ahead of the 2027 general elections.
Politics
I DIDN’T PROMISE YOU TICKETS, AKPABIO TELLS APC SENATORS WHO FAILED PRIMARIES
Politics
POST PRIMARIES: IKWERRE MONARCHS ADVOCATE ISSUES-BASED POLITICS IN RIVERS
-
Rivers2 days agoPolice arrest 3 suspects over killing of driver in Rivers
-
Politics2 days ago
I DIDN’T PROMISE YOU TICKETS, AKPABIO TELLS APC SENATORS WHO FAILED PRIMARIES
-
News2 days agoFUBARA ASSURES NUT OF SECURITY OF SCHOOLS IN RIVERS
-
News2 days agoNDLEA Arrests Four Notorious Female Drug Dealers In Four States
-
Sports2 days agoOkpekpe Road Race Gets Mobility Solutions, Fan Engagement
-
Politics2 days ago
Court Dismisses Rivers PDP Members’ Suit Over LG Election Candidates
-
Politics2 days ago
POST PRIMARIES: IKWERRE MONARCHS ADVOCATE ISSUES-BASED POLITICS IN RIVERS
-
News2 days agoWORLD FOOD SAFETY DAY: VETERINARIANS TASK GOVT ON MODERN ABATTOIR IN RIVERS
