The Peoples Democratic Party (PDP) on Tuesday
described the N6.8 trillion 2016 federal budget
presented by President Muhammadu Buhari as a
big fraud and executive conspiracy tailored
towards mortgaging the future of the nation.
The party queried President Buhari’s decision to
borrow N2 trillion, the biggest in the history of
the nation as the height of recklessness and
deceit from a government that trends on
propaganda.
The PDP in a statement by its National Publicity
Secretary, Chief Olisa Metuh, berated the
Federal Government for trying to use their bogus
welfare programme and phantom capital projects
as cover and conduit to syphon the funds to
satisfy partisan interests, particularly to settle
huge campaign debts.
“It is obvious that this budget is an extension of
the campaign promises of the APC government,
presented as a manifesto filled with bogus
promises which implementation will be
inconclusive, thereby allowing the APC to once
again deny their promises.
“There has never been any known economy in
the world where government deliberately
mortgage the future of its nation by borrowing
excessively to finance partisan interests while
hiding under bogus welfare programmes. This is
moreso important as the APC in reeling out their
bogus campaign promises never informed
Nigerians that they would mortgage their future
through excessive borrowing.
“We have it on good authority that this is the
first in the series of APC borrowings which would
leave the future generation of Nigerians under
the burden of huge debts after four years.”
The PDP said the budget clearly shows that after
seven months in power, President Buhari and his
party, the All Progressives Congress (APC) are
yet to differentiate between governance and
campaign propaganda.
“By all standards, the 2016 budget, the first
major economic policy outing of this government,
is completely unrealistic and duplicitously
embellished with impractical predications, a
development that confirms fears by economy
watchers and investors that this administration is
obviously ill-equipped for governance.
“We are indeed shocked that President Buhari
and his minister of information have come up
with two different reasons for the current fuel
crisis in the country. While we appreciate the
President’s apology, we think it is high time he
called this minister to order as his excessive
propaganda and blame game are ridiculing this
administration and the image of the nation.
“Furthermore, it is instructive to note the official
endorsement of Mr. President to the devaluation
of the naira as against his campaign promise of
firming up the value of our currency even to the
much vaunted one naira to one dollar.
‘Does it mean that Mr. President lied his way to
power, or that he did not understand the
complexities of governance when he was making
his false promises to Nigerians?
“In future, there is need to regulate campaign
promises so that we will not end up with a
government that promises to climb Mount
Everest with bare hands and end up mortgaging
our future with orchestrated borrowings.
“Finally, we want to request Mr. President to
once again to involve experienced and well-
tested hands in the management of the economy
and budgeting processes. This economy is not
for Mr. President, neither is it for the APC. The
progress of the economy is for all Nigerians and
as such, due care should taken to save ourselves
from unrealistic and deceptive programmes.


http://www.leadership.ng/news/485683/buharis-budget-plan-mortgage-nigerias-future-pdp

Funny pdp