PDP accuses Buhari, cabal, APC leaders of looting N10trn

The Peoples Democratic Party (PDP) has described the ruling All Progressives Congress (APC) as a party synonymous with deceit, failure and hardship.

It also accused APC leaders and some members of the Muhammadu Buhari Presidency, it described as a cabal of allegedly stealing over N10 trillion public fund.

The party therefore challenged the Presidency and the APC to immediately account for the alleged stolen funds.

The PDP stated this in a statement released on Monday by its National Publicity Secretary, Kola Ologbondiyan.

“The APC and Presidency have been playing saint and pointing fingers while their officials are having field day frittering trillions of naira to finance their opulent lifestyles and political interests, even under the watch of the African Union (AU) Anti-Corruption Champion,” PDP said.

The PDP asked the Presidency to address Nigerians on the leaked Memo detailing corrupt oil contracts to the tune of N9 trillion ($25billion dollars) at the Nigerian National Petroleum Corporation (NNPC) and the Ministry of Petroleum Resources, which are under President Muhammadu Buhari’s direct supervision as Minister of Petroleum Resources.

The PDP also challenged the APC and the Presidency to come clear on the widely reported stealing of N1.1 trillion (USD 3.5bn) worth of crude oil by APC interests operating with seven ghost companies.

“This is in addition to the looting from the Treasury Single Account (TSA) evidenced in the reported stealing of N10 billion National Health Insurance Scheme (NHIS)’s account in the TSA, as well as revelation of the frittering of fresh N25 billion under questionable ‘deals’.

“Similarly, the PDP demands that the APC and the Presidency address Nigerians on the widely reported stealing of N18 billion Internally Displaced Persons (IDP) intervention fund as well as the source of the N671 million allegedly stolen from the APC account by some of its national officers.

READ ALSO : APC chieftain Frank begs Trump to save Nigeria from Buhari’s ‘bad governance’

“Furthermore, the PDP wants the Presidency and the APC to explain to Nigerians why no serious panel of enquiry has been set up to address the issues of abuse of rights, extra-judicial executions, killings and bloodletting in various parts as catalogued by various international bodies.

“The PDP notes that the APC has become synonymous with violence, deceit, hardship, hunger and starvation and can no longer be trusted as a vehicle of national cohesion, economic prosperity and the unity of Nigerians,” PDP said.

 

RipplesNigeria… without borders, without fears

Click here to join the Ripples Nigeria WhatsApp group for latest updates.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now