The Peoples Democratic Party (PDP) has claimed credit for
the N804 billion bailout fund ordered to be released to distressed states’
governments by President Muhammadu Buhari on Monday.
In a statement issued on Tuesday by its National Publicity
Secretary, Olisa Metuh, the PDP said a significant amount of the bailout came
from savings accumulated in the Excess Crude Account handed over to the Buhari
administration by the last PDP-led government.
“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
100 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 said.
The party charged the APC as a party in government to put
its house in order, desist from what it termed 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.
Daily Post.
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