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

One Strike Cannot Solve Nigeria’s Security Crisis — Ex-US Army Captain

A retired United States Army captain, Bish Johnson, has...

Tinubu’s Policies Lay Foundation for Better Nigeria, Says Tumsah

From Abel ZwankeA political stakeholder in Yobe State,...

AFCON 25: Man United’s Diallo scores as Ivory Coast beat Mozambique 1-0

Manchester United forward Amad Diallo scored the decisive goal...

Many Feared Dead as Explosion Hits Zamfara Highway

Several travellers are feared dead following a suspected bomb...

One Strike Cannot Solve Nigeria’s Security Crisis — Ex-US Army Captain

A retired United States Army captain, Bish Johnson, has...

Many Feared Dead as Explosion Hits Zamfara Highway

Several travellers are feared dead following a suspected bomb...

NWF Schedules National Trials for Four Women’s Weight Classes Ahead of 2026 International Events

The Nigeria Wrestling Federation (NWF) has scheduled national trials...

Fanwo Hails Rep Abejide’s N710m Community Project Grants in Yagbaland

By Noah Ocheni, LokojaThe Kogi State Commissioner for Information...

Former ECWA Vice President Rev. Bello Misal Dies at 85

Former Vice President of the Evangelical Church Winning All...

Benue Police Rescue Kidnap Victim Unhurt, No Ransom Paid

By Isaac Kertyo, MakurdiThe Benue State Police Command has...

Despite Higher Revenues, Many States Remain Silent on End-of-Year Bonuses for Workers

Despite improved earnings from the Federation Account and increased...

“Anything Is Possible” — Ayden Heaven Backs United’s Big Ambitions After Newcastle Win

Manchester United defender Ayden Heaven has insisted the club...

Related Articles

Popular Categories

spot_imgspot_img