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No successive PDP-led governments tampers with NLNG dividends - Metuh


The Peoples Democratic Party (PDP) said non of its successive led governments ever tampered with the Nigeria Liquefied Natural Gas (NLNG) dividends in the last 10 years.

A statement signed by the PDP National Publicity Secretary, Chief Olisa Metuh on Sunday in Abuja said that the fund at the end of President Goodluck Jonathan tenure had risen to a cumulative 5.6 billion dollars.

The party stated that its attention had been drawn to the “misleading and outright falsehood” by the All Progressives Party (APC) on the issue.



“The truth is that the NLNG had been on a 10-year tax haven until 2014.

“Within this period, successive governments, right from President Olusegun Obasanjo, never shared nor tampered with the cumulative dividends over the years.

“Whatever taxes paid from the NLNG go through the Federal Inland Revenue Services (FIRS) and recorded as part of the income of the Federal Government.

“It is imperative to note that by the end of the tenure of President Goodluck Jonathan, NLNG dividends had risen to a cumulative $5.6billion and not a single cent was ever taken from the funds,’’ it stated.

The statement said although it was within the rights of the APC administration to spend the funds in any way it might decide, it was, however, wrong for APC to try to insinuate that the past PDP-led governments had hidden the fund.
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2 comments

  1. Only that it wasnt successfully led...

    ReplyDelete
  2. "Let them say" is a popular post on lorries and other vehicles. APC politicizes everything, including the truth. So, let them say. Nigerians will soon come to know the integrity of those they voted into power, while God will vindicate the just.

    ReplyDelete

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