Connect with us

Politics

Buhari ‘turning Nigerians into beggars’ – Atiku says

Published

on

Buhari ‘turning Nigerians into beggars’ – Atiku says

The 2019 presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, says the administration of President Muhammadu Buhari, is ‘transforming Nigerians into hobos.’

Laila News reports that the previous Vice President made this remark on Wednesday when he regretted the expanding obligation profile of Nigeria under the President Buhari-drove organization.

The PDP chieftain kept up that Nigeria’s expanding obligation profile was winding up in excess of a wellspring of concern, including that the present organization was “transforming Nigerians into homeless people.”

In an announcement in Abuja on Wednesday by Paul Ibe, his Media Aide, the Waziri saw that the circumstance was currently at the phase where every single certified admirer of Nigeria should raise an alert.

The statement reads:

“On May 29, 2015, our national debt profile was at a very healthy ₦12 trillion. However, after four years of profligate spending, and even more irresponsible borrowing, our national debt doubled to ₦24.3 trillion by December 2018.

“As alarming as this is, what is more, troubling is that between December 2018 and March 2019, the administration of General Buhari added an additional and unprecedented ₦560 billion debt to our national debt profile.

“What could this junta have needed that amount for? If you take those dates into account, they fall on the period of electioneering, when monies were freely distributed by officials of this government in the name of Tradermoni and other election gimmicks that were discontinued after the election.

“We find it inconceivable that Nigeria could have had such unprecedented borrowings in the midst of almost unimaginable sorrowing, which resulted in our nation becoming the world headquarters for extreme poverty and the global capital of out of school children, even as we slipped in the Corruption Perception Index of Transparency International.

“As someone who headed the National Economic Council that paid off Nigeria’s entire debt under the visionary leadership of President Olusegun Obasanjo, Atiku Abubakar has the moral authority to call those who are turning Nigeria into a beggar nation to halt the drift into unsustainable borrowing.

“We cannot continue to borrow to pay salaries and support luxuries. Already, over 50% of our revenue is going towards debt servicing, not even debt repayments.

“We raise this alarm as responsible citizens and call on other lovers of Nigeria to speak up as we have no other nation to call our home, but Nigeria.”

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

LATEST MUSIC

Advertisement

Trending