Politics

‘Account For Stolen ₦25tn’, PDP Tells Buhari, APC

Published

4 years ago

Mar 30, 2021.

Despite the APC-led administration often citing a fall in oil price as the reason for Nigeria’s rising debt profile, the PDP said the administration is encouraging corruption

The Peoples Democratic Party (PDP) has again accused the All Progressives Congress (APC) of stealing ₦10.1 from the national treasury despite its acclaimed shortage of funds to finance the 2021 budget.

Without naming a source or evidence, the PDP, in a statement issued on Monday, said ₦9.6 trillion ($20 billion) and another ₦500 billion belonging to the Treasury Single Account (TSA), have been “allegedly diverted to APC interests”.

“This fresh ₦10.1 trillion scandal is beside the earlier ₦15 trillion, reportedly stolen by APC leaders from various government agencies, including the stealing of ₦9.3 trillion as detailed in the leaked NNPC memo, bringing the sum looted in these cases to ₦25.1 trillion,” the party’s spokesperson, Kola Ologbondiyan recalled.

PDP

Ologbondiyan said the volume of corruption cases filed against officials of the current administration was a clear indication that Nigeria had been seized by “ferocious economic brigands in very high places”,

The statement said, “under the APC, our nation has become one of the most corrupt countries in the world, having dropped 13 places since 2015 and plunging to a putrid 149th place on the corruption perception index as released by Transparency International (TI).

The opposition party therefore called on Nigerians to question the government to account for the missing funds “to encourage infrastructural development”.

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