x

Debt Claim: PDP tells Osinbajo stop bandying figures

Peoples Democratic Party, PDP, again on Tuesday cautioned Vice President Prof. Yemi Osinbajo to stop ridiculing his office by always bandying figures, peddling rumours and trending on false claims in the attempt to cover the rot and failures of the Buhari-led All Progressives Congress, APC, administration.

PDP Spokesman, Kola Ologbondiyan in a statement challenged Prof Osinbajo to present to Nigerians, the scorecard of APC administration instead of juggling figures, making false claims about the nation’s debt profile and playing to the camera.

According to the opposition party, it is already a settled fact that the nation’s debt profile escalated under the profligate, uncreative and incompetent Buhari administration, which crippled our once robust economy, pushed it into recession, turned our nation from a growing economy to a debtor country and world’s poverty capital.

“Despite being busted, Vice President Osinbajo is labouring to deceive Nigerians by converting domestic borrowings in Naira, under the APC, to US dollars, so that the very high exchange rate will make it look smaller in dollars. This is despite verified figures even from agencies of Government showing an accumulation of 29.6% debt under Buhari as against the 20.14% under the Yar’Adua and Jonathan administration and the 0.44 % under the Obasanjo administration.

“Nigerians are therefore alarmed that Osinbajo, as a Professor of Law, cannot guarantee productivity, credibility, transparency and honesty in governance, but has rather allowed himself to be turned into a vendor of propaganda and false claims for a corrupt administration, now hanging on straws.”

The PDP reminded Prof. Osinbajo that he is the head of Buhari’s bungling economic team and should therefore, not in anyway, parade himself as if he has no blame at all in the manifest failures of this administration.

“What Prof. Osinbajo has refused to come to terms with is that Nigerians already know that the Buhari administration, wherein he is a major actor, is the most corrupt in the history of our nation and that no amount of concealments, propaganda and false claims can erase that fact.

“Furthermore, Nigerians are no longer swayed by Prof. Osinbajo’s homilies and lip service to fiscal federalism, which he is now mouthing, just because the 2019 general election is around the corner.

“Instead of lending himself to be used to beguile Nigerians, Prof. Osinbajo should use the remaining days of the discredited APC administration to advise himself and President Buhari on life after office, especially as leaders, who manifestly failed their people, when they trusted them the most.”

Hot this week

Bayelsa Honours Late Deputy Governor Ewhrudjakpo with Sporting Tribute

Governor of Bayelsa State, Senator Douye Diri, on Tuesday...

FG Moves to Halt JOHESU CONHESS Dispute

By Joyce Remi-BabayejuThe Federal Ministry of Health and Social...

President Tinubu Hails Plateau’s Political Realignment with APC

By Israel Adamu, JosPresident Bola Ahmed Tinubu has hailed...

EFCC Raises Alarm Over Banks, Fintechs in ₦18.7bn Fraudulent Investment, Airline Discount Schemes

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

NSCDC denies withholding staff promotion, salary arrears

The Nigeria Security and Civil Defence Corps (NSCDC) has...

Niger Delta Contractors Association Celebrates President Amb. (Dr) Tonye Sylvester Iyade on His Birthday

The Niger Delta Contractors and Contractors Association proudly celebrates...

Court Allows Yahaya Bello to Travel for 2026 Lesser Hajj

A Federal High Court in Abuja has granted former...

Halima Abubakar Alleges Eviction From Abuja Home Over Rent Dispute

Nollywood actress Halima Abubakar has said she was asked...

Reps Urge FG to Harmonise Poverty Reduction Programmes

The House of Representatives has urged the Federal Government...

Kano Commissioner Urges Deputy Governor to Resign After APC Defection

The Kano State Commissioner for Information and Internal Affairs,...

Adamawa Governorship: Stakeholders Endorse Senator Aminu Abbas

Senator Aminu Iya Abbas, a seasoned politician and chartered...

Rivers political crisis: Amagbein urges Tinubu to intervene, settle Wike, Fubara

By Our CorrespondentNiger Delta former freedom fighter, the...

Doctor says I have only weeks left to live — Singer Ray J

American singer and reality television personality Ray J says...

Related Articles

Popular Categories

spot_imgspot_img