• Home
  • National News
    • Trending
  • Politics
  • Special Reports
  • BBC Pidgin
  • Metro News
    • Coronavirus
  • Sports
    • Sports Betting
      • Betting Sites
  • Entertainment
    • Lifestyle
      • Travel
      • Health and Food
  • Education
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Nigeria News, Nigerian Newspaper Information Nigeria
Nigeria News, Nigerian Newspaper
  • Home
  • National News
    • Trending
  • Politics
  • Special Reports
  • BBC Pidgin
  • Metro News
    • Coronavirus
  • Sports
    • Sports Betting
      • Betting Sites
  • Entertainment
    • Lifestyle
      • Travel
      • Health and Food
  • Education
Home Politics PDP Tells Buhari To Correct “Erroneous Impression” Of Empty Treasury
  • Politics

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

By
daniel
-
July 7, 2015
Facebook
Twitter
WhatsApp

    Olisa-MetuhThe 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.

    • TAGS
    • All Progressives Congress
    • bailout
    • Excess Crude Account
    • Olisa Metuh
    • Peoples Democratic Party
    Facebook
    Twitter
    WhatsApp
      Previous articleCAN Stages Peaceful Protest Over Boko Haram Suspects’ Relocation To Anambra
      Next articleIGP Orders Strengthening Of Security At Worship Centres, Bans Street Hawking On Abuja Roads
      daniel

      RELATED ARTICLESMORE FROM AUTHOR

      El-Rufai Faults Timing Of New Naira Policy, Says It Is Planned To Incite Voters Against APC

      INEC Accuses Pat Utomi Of ‘Invading’ Lagos Office

      We’ll Unmask Identity Of ‘Elements’ In Aso Villa After Tinubu’s Victory – El-Rufai

      LEAVE A REPLY Cancel reply

      Log in to leave a comment

      Social Media Users

      4,105,952FansLike
      301,928FollowersFollow
      642,301FollowersFollow
      119,400FollowersFollow

      1

      RSS BBC Pidgin

      • CBN order banks to dey pay new naira notes ova di counter, to collabo wit security agents to prosecute pipo wey dey sell am
        Di Central Bank of Nigeria don order all di commercial banks to begin dey pay...
      • From pleasure to pain in da oda room, wetin you need know about penile fracture
        Getty ImagesResearch show say many cases of penile fracture na due to vigorous sexual activity...
      • I go APC to study dem, now I don graduate – Lagos PDP govnorship candidate
        Govnorship candidate of di Peoples Democratic Party for Lagos state Olajide Adediran wey pipo sabi...
      • One million pipo attend Pope Mass for DR Congo
        AFP Pope Francis celebrate one of im biggest Mass for Democratic Republic of Congo, tori...
      • FBI search President Joe Biden house for Delaware
        Getty Images Di FBI dey search President Joe Biden house for Rehoboth, Delaware as part...

      2

      • Contact Us
      • Advertise With Us