President Muhammadu Buhari of Nigeria
The Presidency has rubbished claims by the Peoples Democratic Party (PDP) that President Muhammadu Buhari’s bailout funds for the state was gotten from savings of former Nigerian President, Goodluck Jonathan.
In a statement issued by Femi Adesina, special adviser on media and publicity to Buhari, he noted that Nigeria’s main opposition party’s claim was false, banal and ludicrous. “The Presidency deplores the attempt by the PDP and its agents to create an unnecessary controversy over the well-intentioned effort by President Muhammadu Buhari to give some relief to state governments and long-suffering public sector workers,” the statement said.
“We also reject the banal and ludicrous demand by the PDP Spokesman, Olisa Metuh that the PDP Government which was ousted by Nigerians at the last general elections for running the country aground, be given some credit for “saving” the funds that were disbursed as part of the intervention package approved by President Buhari.
“Mr. Metuh’s claim that a significant amount of the funds came from savings accumulated in the Excess Crude Account and handed over to the Buhari administration is completely false and deliberately intended to mislead the public.
“As we clearly stated yesterday, the funds approved by President Buhari for sharing to the three tiers of government on Monday came entirely from dividends and taxes paid to the Federation Account by the Nigerian Liquefied Natural Gas Company (NLNG), not from the Excess Crude Account.
“The disbursed NLNG dividends and taxes were paid into the Federation Account in June this year and confirmed by the Central Bank’s Statement to the Federal Government on July 7, 2015. The funds cannot therefore be considered “savings” by the Jonathan Administration which left office in May, 2015, as disingenuously claimed by Mr. Metuh.
“Instead of being repeatedly impugned and castigated by the PDP and its agents for honestly …Read More
Source:: PM Newspaper
