PDP Tackles Buhari Over Claims Of Squandering $500 Billion Oil Proceeds

by on February 28, 2018

The Peoples Democratic Party, PDP, on February 27, 2018, described claims by President Muhammadu  Buhari that the party squandered the sum of $500bn oil proceeds for 16 years as baseless, unfounded, and unsubstantiated.

The party in a statement issued by its national Publicity Secretary, Kola Ologbondiya, urged the President not to allow his aides to deceive him into peddling groundless allegations and bandying of unverified figures, as doing that could detract from his personality.

“The figures alluded to by the President does not even tally or reflect the actual oil related profile of the nation during the said period,” urging the President not to allow his handlers set him up for public ridicule.

“The entire country is aware that the Presidency is on a feverish mode over their bound-to-fail 2019 re-election bid for which they have resorted to making spurious claims against the PDP even when it is clear to Nigerians that the PDP has since re branded while preponderance of those who mismanaged the nation’s resources have now found a safe haven in the Buhari led All Progressives Congress (APC),” it said.

The party however challenged President Buhari to name one corrupt person in the re positioned and re branded PDP and it will hand him a list of an army of corrupt persons who are hiding in his APC including those who funded his 2015 presidential campaigns with stolen money in addition to his many cronies who are now frittering away billion of Naira under his watch.

PDP, however, said that it knows that President Buhari did not source the figures, “otherwise, we would have directly taken him to task on the veracity of his claims and detestable image of his party.”

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