Wednesday 8 July 2015

PDP Tells Buhari To Correct “Erroneous Impression” Of Empty Treasury

The Peoples Democratic Party, PDP, says it has noted the release of
over N804 billion from the nation's treasury as bailout to states and
local governments across the country.

The opposition party said it believes that the funds will go a long
way in alleviating the sufferings of the Nigerian workers in various
states of the federation, most of whom have been without their wages
for some months.

The PDP, in a statement by its National Publicity Secretary, Olisa
Metuh, on Tuesday said it "notes that a significant amount of the
bailout came from savings accumulated in the Excess Crude Account
handed over to the Buhari-led All Progressives Congress, APC's
administration by the past PDP-led administration.

"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
one hundred 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 charged the APC as a "party in government to put its house
in order, desist from 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".

The party said Nigerians are no longer interested in insults, tirades
and propaganda but in actions and policies that would move the nation
forward, a stance the APC has failed to recognize.

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