The Labour Party has flayed state governors for
blackmailing President Muhammadu Buhari to
release over N700bn bailout to them, saying the
action set a bad precedent and will encourage
governors to steal more.
The LP National Chairman, Alhaji Abdukadir
Abdulsalam, told journalists in Abuja that the
disadvantages of the bailout far outweighed its
benefits.
He said, “This over N700bn released by the
President for the bailout belongs to Nigerians.
Although it is good that workers will get their
salaries, but the bailout has created a bad
precedent. Such an action is tantamount to
illegality.
“Buhari came with the promise of change, but it
seems the President has not learnt from the
mistakes of previous administrations because
what is happening now was what happened
during the administration of former President
Olusegun Obasanjo when the state governors
prevailed on him to bastardise the local
government system and local government funds
were diverted to personal use of the governors.
“For how long will Buhari continue to bail out
the states to pay workers’ salaries? It will be
difficult for the President to prevent many of
the governors from mismanaging the funds
since they know that even when they are
caught, they have plea bargain and that the
alleged offence is bailable.”
Abdulsalam added that when former President
Goodluck Jonathan assumed office, the
governors also deceived him to carry out certain
policies and projects, “but at the end
disappointed him.”
He said, “Buhari has fallen into their trap; they
must have deceived him that they used money
meant for workers’ salaries to campaign for him
and his party and that he must now save them.
But unfortunately, Buhari has spent over N3trn
without appropriation or recourse to other
considerations.
“The government claimed the bailout were
loans; but under what conditions were the loans
given? What is the mode and processes of the
repayment? In this regard, the President has
started on a very bad note, this is unfortunate
and we are going to suffer for it.”



http://www.punchng.com/news/govs-blackmailed-buhari-to-accept-bailout-lp/

trash...see it this way:

the feds has been shortchanging the states...the feds jes paid her debt..

what the fucck is wrong with that?

the states had a good reason for their excuse...it's the fault if the feds...deal with that

Anyhow Dem do am.... A man without finance minister... Spending money without constraints like say Na him sweat..... Daura President....

A dumb as hell Chairman of a party.
What exactly is illegal in paying for outstanding obligations which have been appropriate for.

PMB wants to start on a clean note. No gov would try to steal anymore over his watch.