Buhari desperate to remain In Power to Cover up N14trn Stolen under his Watch, PDP Alleges

Buhari desperate to remain In Power to Cover up N14trn Stolen under his Watch, PDP Alleges

People’s Democratic Party PDP has accused the President Muhammadu Buhari’s led administration of electoral violence, rigging and fraud. Kola Ologbodiyan, Publicity Secretary of the party, made the allegations in a statement he released on Sunday. According to the statement Released “The President Buhari-led APC administration wants to remain in power to prevent investigation into the

People’s Democratic Party PDP has accused the President Muhammadu Buhari’s led administration of electoral violence, rigging and fraud. Kola Ologbodiyan, Publicity Secretary of the party, made the allegations in a statement he released on Sunday.

According to the statement Released “The President Buhari-led APC administration wants to remain in power to prevent investigation into the N14 trillion allegedly stolen under its watch; including the N9 trillion stolen from the Ministry of Petroleum Resources, as detailed in the leaked NNPC memo; the over N1.4 trillion alleged oil subsidy sleaze and the N1.1 trillion worth of crude diverted using 18 unregistered companies linked to APC interests”.

“The Buhari-led APC administration is desperate to avoid an investigation into its unwholesome borrowings that led to the escalation of our nation’s debt stock from N12.12 trillion in 2015 to an overburdening N24.39 trillion in 2018.

“This in addition to the N33billion National Emergency Management Agency (NEMA) fund, and the over N18 billion stolen out of the N48 billion approved by the National Assembly in the 2017 budget for the rehabilitation of IDPs in the Northeast, among others.

According to him “The negative effect is the further dipping of our economy, as investor’s confidence, which shored up at the expressed resolve by Nigerians to elect Atiku Abubakar as their next President, slumped with the rigging of the Presidential election

Furthermore into his statement “ The Buhari Presidency lacks the competence and integrity to run a creative, transparent and credible administration that can guarantee economic growth, wealth creation and a dependable system has become a globally accepted facts.

 

 

 

 

 

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