₦airaland Forum

Temidayo Akinsuyi, Lagos

The Federal Government and the ruling All Progressives Congress (APC) on Tuesday came down hard on the country’s major opposition party, the Peoples Democratic Party (PDP), describing the allegation that N10 trillion public fund was stolen by leaders of the ruling party as unfounded.

The PDP had, in a statement on Monday by its National Publicity Secretary, Kola Ologbondiyan, said the APC and the presidency had been playing saint, accusing the opposition of looting, whereas its members and the presidency were frittering away trillions of naira to finance their opulent lifestyles and political interests, even under the watch of the African Union anti-corruption champion.

The PDP had also challenged the APC and the presidency to come clear on the widely reported stealing of N1.1 trillion worth of crude oil by APC interests operating with seven ghost companies.

In the words of Ologbondiyan, “This is in addition to the looting from the Treasury Single Account evidenced in the reported stealing of N10 billion National Health Insurance Scheme’s account in the TSA, as well as revelations of the frittering of fresh N25 billion under questionable ‘deals’.

“Similarly, the PDP demands that the APC and the presidency address Nigerians on the widely reported stealing of N18 billion Internally Displaced Persons’ intervention fund as well as the source of the N671 million allegedly stolen from the APC account by some of its national officers.”

However, Alhaji Lai Mohammed, Minister of Information, in an interview with DAILY INDEPENDENT on Tuesday, said the PDP had lost credibility and was no longer taken seriously by Nigerians, especially for making allegations that were unverifiable and unfounded.

The minister said it was ridiculous that the PDP could accuse the APC and the presidency of embezzling N10 trillion when the entire budget of Nigeria was between N7 trillion to N8 trillion.

According to Lai Mohammed, “As a political party, when you make a political statement, you should be very mindful of the accuracy of that statement; otherwise, you will lose credibility. To start with, what is the size of the budget of Nigeria?

“The entire budget is about N7 trillion to N8 trillion, so does it make sense for anyone to remove N10 trillion from N8 trillion? This shows that the PDP has run out of ideas".

“When you prepare a budget, it doesn’t mean that the money is there. Are they aware that in 2016/2017, we had to borrow to part-finance the budget?

“So, how is it possible to take N10 trillion away? It shows that the PDP lacks depth, understanding, and it is a party that is completely bereft of ideas.

“The money that they said was stolen was bigger than the annual budget and that showed how unserious and why they should be ignored by the public.”

Also responding to PDP’s claims, Mallam Bolaji Abdullahi, the APC’s National Publicity Secretary, described the statement by the PDP as unfounded, saying the campaign strategy of the party aimed at maligning the presidency and the ruling party would not work.

Abdullahi said having realised that President Muhammadu Buhari’s major project was the anti-corruption war, the PDP having nothing to latch on to, had resorted to making wild allegations.

“There are ways to play opposition politics in ways that are credible and believable.

“But the PDP has reduced itself to a political party filled with allegation-mongers. A few weeks ago, they said they are setting up a shadow cabinet.

https://independent.ng/fg-apc-hit-back-at-pdp-over-alleged-n10trn-stolen-funds/amp/

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∆ The attacker and the paranoid ∆


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Na thief sabi monitor thief, birds of same feather

Similarly, the PDP demands that the APC and the presidency address Nigerians on the widely reported stealing of N18 billion Internally Displaced Persons’ intervention fund as well as the source of the N671 million allegedly stolen from the APC account by some of its national officers.”

Imagine the looting going on. Jeeesus!
No wonder Abacha was able to fritter away billions by making sure Buhari was heading the PTF.
If you want to know how Abacha was able to steal so much money then ask Buhari.

Pdp is a satanic party. You will never taste power@ federal level.

By the time APC will be out of power in 2019 revelations on how trillions were looted and covered up will be exposed .
Borrowing 11 trillion in just 3years without any tangible project to show is not just mind boggling but also baffling

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Lipscomb:
Stupid question satanic party.

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Shut up and face the post. it's unfortunate that PDP might still cry for another 5years on how they will be miscalculating.

Mad people party in conjunction with Ipob. For 16 years the biggest budget this mad people’s party ever passes is 3 trillion even when fuel sold for over $100 a barrel but they have effrontery to query APC that proposed a 9 trillion naira budget when fuel is around $40.

Please tell me who is foolish n who is mad btw the PDP n Ipob/Igbos ?

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front5line:
Mad people party in conjunction with Ipob. For 16 years the biggest budget this mad people’s party ever passes is 3 trillion even when fuel sold for over $100 a barrel but they have effrontery to query APC that proposed a 9 trillion naira budget when fuel is around $40.

Please tell me who is foolish n who is mad btw the PDP n Ipob/Igbos ?

[/s]

Read between the lines.
They proposed 9trillion but would actually spend a third of that amount.
Have you not wondered how a Jobless Yusuf Buhari is riding a whooping N70million worth bike?

yeah PDP will crying for another 5years satanic party. Don't mind me I don't read the topic before commented , I hate anything about PDP.

tayebest:
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Shut up and face the post. it's unfortunate that PDP might still cry for another 5years on how they will be miscalculating.

front5line:
Mad people party in conjunction with Ipob. For 16 years the biggest budget this mad people’s party ever passes is 3 trillion even when fuel sold for over $100 a barrel but they have effrontery to query APC that proposed a 9 trillion naira budget when fuel is around $40.

Please tell me who is foolish n who is mad btw the PDP n Ipob/Igbos ?

If your mother had used a condom it would have saved your family the shame . how come you blame ipob for the daftness of a brainless dullard who have only achieved blame games and nepotism ever witnessed in Nigeria history .
do you ever wonder why ipob remains strong and vibrant despite proscribing it ? go to the east today and after what you see tell buhari that he is MAD

front5line:
Mad people party in conjunction with Ipob. For 16 years the biggest budget this mad people’s party ever passes is 3 trillion even when fuel sold for over $100 a barrel but they have effrontery to query APC that proposed a 9 trillion naira budget when fuel is around $40.

Please tell me who is foolish n who is mad btw the PDP n Ipob/Igbos ?

Only gullible people liike you believe that 8trn at 360/1 dollar is bigger than 4 trillion at 150/1dollar. Even OBJ's budget of year 2000 is bigger than this paper budget of 9trillion.

But the amount mention here by PDP is not up to N10trillion, so APC should clearify us how the acusation of 10trillion cama about

Here we go again

evy4ch:
But the amount mention here by PDP is not up to N10trillion, so APC should clearify us how the acusation of 10trillion cama about

You are still asking a party of liars to speak the truth. You should know by now that it is impossible. Like Satan, when APC speaks, it speaks it's official language - lies

Pdp stole during their tenure too so let them be.

Lmao, this is so hilarious! PDP ahs truly ran out of ideas and allegations. When you begin to lay claims that are baseless, senseless, claims that don't add up, you loose credibility and trust. How can 10tr be stolen from 8tr? lol, you guys clearly are in a need of mathematics lessons

The alleged $25Bn dollars NNPC scam alone is N9.128tr... more than the budget..

Its not a budget thing.. its a shortage of revenue collections from the source

NNPC
NPA
NIMASA
FIRS
NHIS etc