The Action Congress of Nigeria on Monday raised the alarm over an alleged plan by the Federal Government and Peoples Democratic Party to arrest development and progress in all ACN states.

The party said there was a plan to manipulate the Central Bank of Nigeria, the capital market, financial institutions and regulatory authorities to withdraw financial support to all ACN states “through a sustained campaign of blackmail, calumny and arm-twisting.”

In a statement issued in Lagos by its National Publicity Secretary, Alhaji Lai Mohammed, the party said it had “authoritative” information that “the first phase of this plot is for the PDP to make available to the Honourable Ministers of Finance and National Planning and Director General of the Debt Management office false representation of the debt profiles of ACN states accompanied by wild and unsubstantiated allegations of financial recklessness and improprieties against ACN states for deliberation at the next meeting of the Federal Executive Council.”

It said that as part of the plan, “the Federal Government will then enlist the support of the Central Bank Governor who will table the contrived damning indictment before the Bankers Committee who in turn will unsuspectingly withdraw their financial support from all ACN states.

“But the Peoples Democratic Party led Federal Government will not stop at this. It will thereafter manipulate its appointees at the Nigerian Stock  Exchange, the Securities and Exchange Commission and other relevant regulatory authorities to block the ACN states access to the capital market even as the same Federal Government itself had resorted to the same capital market to fund its own deficit budget.”

The party said the PDP took the same step when ACN Leader, Asiwaju Bola Tinubu, was the governor of Lagos.

“The recent unrelenting and sustained smear campaign against the ACN governors by the do nothing Peoples Democratic Party is nothing but a prelude to this grand conspiracy to financially cripple all ACN states .

“Rather than emulate the giant strides of the ACN states especially in the areas of security, youth employment, infrastructural development etc, and make life more meaningful and bearable for the millions of citizens under its watch the Peoples Democratic Party has true to character resorted to this evil plan to stunt the growth of the ACN states and condemn the people of these states to a life of misery, poverty, chaos and hardship as is the norm in almost all PDP-led states,” the party noted.

It advised the Federal Government to “immediately retrace its steps” or risk a people’s revolt.

http://www.punchng.com/business/acn-alleges-plot-by-fg-pdp-to-strangulate-south-west-states/

When 4km road was awarded to TINUBU for 5.7bn in Oyo state, they didn't see that as destructive. When THESAME Ajimobi said he spent over 500billion in security as if Oyo is the play ground for Boko Haram, they didn't see it as self destructive, when the same man sponsored his wives and those of his State House of Assembly, and his commissioners to UK to learn how to support their husband, they thought it was the best policy. When Lagos forced all chairmen to accompany TINUBU to US, no voice was raised, when the speaker of Lagos house was accused of corruption, they shielded him. Just becos the party was criticized, and it's heinous activities exposed, they are shouting foul. E go beta.

Idoko,

Please produce the materials to support that Tinubu was indeed awarded this contract.

Dudu_Negro: Idoko,

Please produce the materials to support that Tinubu was indeed awarded this contract.

That guy enjoys making wild unsubstantiated allegations...

ACN and smear campaign . Dem no dey tire ? Na wa Oh

ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

@op,

Pretty soon other ethnic groups' impatience on the federal repression will come to a head, their intolerance on the drag and delay tactic to stall Sovereign Conference will ultimately bubble up onto surface and each group will arrive at one version or another of the Yoruba momentum on regional autonomy. Untill then, an unrealizable SNC remain a popular option above regional autonomy. This does not stop the momentum of progress in West ...........

O'dua has started a march and its direction will harmonize with our destiny.

PDP and their unreasonable way of going against the opposition. Don't they have other better way of going about this? The same method OBJ used against Lagosians.

.

dplordx: ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

Mr man. Oni is not an ACN man. So when arguing, used your brains. Meanwhile, I urge you to look at the debt these governors inherited from their blood sucking PDP predecessors. Osun state is still battling with Mr Oyinola over this.

Ekiti has always been at the 33rd position downward on the federal revenue sharing table. Please take a tour of the state and see how Governor Fayemi is performing.

Aregbesola is not doing bad at all, in a state where drunkards had been in power before him.

Ibadan? Hahaha. The previous Governor Akala still retains the award of 'the bleacher of the century' in a state where an illiterate 'Adedibu' was the only determiner of governance. Dont forget that Akala left no legacy. None at all.

I urge anyone who complain about the SW now to tour the region.

So Oni has joIn ACN? How can these PDP paid propagandist be this daft? . . .and Adams Oshiomhole is not ACN governor?

dplordx: ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

Stop wasting your time on the 40 men lapdogs.

ijigbamigb:

Mr man. Oni is not an ACN man. So when arguing, used your brains. Meanwhile, I urge you to look at the debt these governors inherited from their blood sucking PDP predecessors. Osun state is still battling with Mr Oyinola over this.

Ekiti has always been at the 33rd position downward on the federal revenue sharing table. Please take a tour of the state and see how Governor Fayemi is performing.

Aregbesola is not doing bad at all, in a state where drunkards had been in power before him.

Ibadan? Hahaha. The previous Governor Akala still retains the award of 'the bleacher of the century' in a state where an illiterate 'Adedibu' was the only determiner of governance. Dont forget that Akala left no legacy. None at all.

I urge anyone who complain about the SW now to tour the region.

dplordx: ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

dplordx: ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

This is about the most idi0tic statement ever uttered on NL since Seun created this forum.

At the rate the region is being plunge into debt with no commensurate infrastructural development, only drastic measure will save the situation

dplordx: ACN. Noise makers. D only good governor so far from the state is BRF.
Amosun. Ajimobi. Aregbei. Oni are totally useless. I wonder what will happen when BRF leaves in 2015, and a completely clueless idi.ot like amosun gets there.

Is Oni an ACN Governor?

musiwa7: this is not possible.. All they need to do is that all state assembly in the western niger, introduce what they call Out of state taxes . this will check mate the federal govt.

The out of state taxes should be about 30 to 50% of what ever the federal govt makes from the western niger.. They will impose a tax. using the state house of assembly.. This is what they should do..

California has it http://www.ncpa.org/sub/dpd/index.php?Article_ID=21926

New york http://www.tax.ny.gov/pit/file/refund.htm



Florida http://dor.myflorida.com/dor/taxes/consumer.html

that way any money the federal govt get.. the western niger state will get 30 to 50%.. They should use the state house of assembly to make laws call out of state taxes... this is what they need to do..

This would have been possible if ACN get Ondo state, come October if they win that state you will see the game change.

.

^^^ It as everything to do with it, as it stand ACN can not speak for the whole region without Ondo.

I term this scream by the ACN as a counter measure in the propaganda war . . . . .