N2.1trn Pension Fund: PDP Warns Buhari To Stay Away

The opposition Peoples Democratic Party, PDP has issued a warning to president Muhammadu Buhari to stay away from the N2.1trn pension fund.

PDP advised Buhari not to touch a dime from the pension fund in the name of embarking on infrastructural project in the country.

It could be recalled that a committee headed by Governor Nasir El-Rufai of Kaduna state had in the course of the National Economic Council meeting in Abuja on Thursday, recommended the use of the fund to implement capital projects, including power, which has been a major challenge in the country for decades.

Addressing a press conference at the party’s Presidential campaign headquarters on Friday, PDP national publicity secretary, Kola Ologbondiyan warned the Presidency to dismiss the recommendation, adding that despite the huge debt incurred by the Buhari-led government, there is nothing on ground to justify same.

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He said: “There is nothing on ground in the area of infrastructures. In spite of their huge spending, how has this translated to good living for Nigerians?

“What we can see is the ostentatious living of All Progressives Congress, APC, members. So we can’t support any move to dip hands in pension funds to implement infrastructural projects.”

The publicity scribe charged the President to respect the principle of federal character in key appointments to give every part of the country, a sense of belonging.