The main opposition Peoples
Democratic Party, PDP, has accused President Muhammadu Buhari of having looted
the country dry since 2015 that he came into power.
The party called on the National
Assembly to investigate the alleged treasury looting.
This was contained in a statement
by PDP National Publicity Secretary, Kola Ologbondiyan, in which the party claimed
that Buhari’s regime had looted N26.7 trillion, $322 million and N500 billion.
The PDP further called on the
National Assembly to invoke its powers under sections 88 and 89 of the 1999
Constitution (as amended) to recover the funds alleged to have been looted.
The statement added, “The Peoples
Democratic Party charges the National Assembly to, upon resumption, assert
itself and accede to demands by Nigerians to investigate the widespread
insecurity, economic depression, treasury looting, abuse of office and
violations that stamped the President Muhammadu Buhari-led administration since
May 2015.
“The PDP urges the federal
legislature to protect the interest of millions of suffering Nigerians by
invoking its powers under sections 88 and 89 of the 1999 Constitution (as
amended) to recover the over N14 trillion stolen by government officials and
leaders of the All Progressives Congress (APC) in the last four years.
“The PDP holds that a legislative
action has become imperative, as the Buhari-presidency has failed to give a
cogent explanation on the alleged looting of over N9 trillion through sleazy
oil contracts as detailed in the leaked NNPC memo; a situation that directly
points to officials’ culpability.
“Nigerians also want the National
Assembly to investigate the issues surrounding the reported stealing of N1.1
trillion worth of crude oil using 18 unregistered companies, as well as the
alleged looting of over N2.6 trillion in shady oil subsidy regime.
“The PDP urges the National
Assembly to also investigate the alleged siphoning of $322m repatriated funds
as well as the trillions of naira stolen under shady projects such as the
‘tradermoni’ project, among others.
“The party notes that only
recently, the wife of Mr. President, Mrs Aisha Buhari, raised the alarm that
over N500 billion meant for poverty alleviation under the APC-led government
did not get to the designated beneficiaries.
“The PDP holds that the humongous
looting under the Buhari-administration is directly responsible for the
economic hardship Nigerians have been subjected to in the last four years.
“Our party, therefore, urges the
National Assembly to save the nation by recovering and channelling the stolen
funds towards the welfare of Nigerians, while the culprits face the law.”
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