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

Renewed Hope Ambassadors Unveil Programme for South-South Summit in Asaba

The Renewed Hope Ambassadors have announced the programme for...

Delta Governor Approves Recruitment of 700+ Health Workers to Boost Healthcare Delivery

Delta State Governor, Sheriff Oborevwori, has approved the recruitment...

Wike Attributes Tinubu’s Support to Improved Infrastructure in the Education Sector

By Joyce Remi BabayejuMinister of the Federal Capital Territory...

Senator Nora Daduut Announces Passing of Sister Emelia Adakole

Former Plateau South Senator and Nigeria’s Ambassador to South...

PDP Suspends Adamu Bako Ninga in Nasarawa Over Alleged Misconduct

The Nasarawa State chapter of the Peoples Democratic Party...

NAFDAC, NHIA to Improve Access to Quality Healthcare Services for Nigerians

By Joyce Remi- BabayejuIn a renewed drive to strengthen...

Tinubu Urges Traditional Rulers to Strengthen Security, Unity at Falae Book Launch

By Wilfred FrancisPresident Bola Ahmed Tinubu has called...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

NCDMB Applauds ESSO’s $23m Shorebase Project at LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Malami, Kwankwaso Condole El-Rufai Over Mother’s Death

Former Attorney-General of the Federation, Abubakar Malami, and ex-Kano...

Calls Grow for Isaac Danladi to Contest Nasarawa West Senate Seat

Residents and stakeholders in Nasarawa West Senatorial District have...

Pope Leo XIV Warns Against Growing Inequality During Monaco Visit

Pope Leo XIV has criticised the widening gap between...

Related Articles

Popular Categories

spot_imgspot_img