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PDP Tackles Minister Over $500m Loan For NTA Upgrade by Dotez: 3:26am On Feb 11, 2020 |
The People’s Democratic Party (PDP) has told the minister of Information and Culture, Alhaji Lai Mohammed, to perish the thoughts of further mortgaging the future of the country by securing $500 million dollars (N182 billion) loan, purportedly for upgrading the Nigerian Television Authority (NTA). The party also urged the National Assembly to save the nation by rejecting the request by President Muhammadu Buhari to plunge the nation into more debt through his request for additional $29.9 billion dollars loan, in which the said $500 million and other unexplained subheads are embedded. The PDP, in a statement signed by its national spokesman, Kola Ologbondiyan, implored the National Assembly to reject the clear attempt by the cabal in the Buhari’s Presidency to worsen the economic situation in the country via the use of phony projects as guise to draw foreign funds to service their selfish economic and political interests. The party noted that under the Buhari Presidency, that foreign debt accumulated to $83 billion with nothing to show other than excruciating unemployment rate, decayed infrastructure, worsening governance system, escalated insecurity and unprecedented poverty. The PDP alerted that the request for the approval of $500 million is aimed at setting the stage for further fleecing of our nation’s economy as the federal government under the Buhari administration has shown no commitment towards nation building, transparency and accountability in governance. “Moreover, the federal government has failed to present details of the requested $29.9 billion loan in which the $500 million being requested by the minister of Information and Culture is embedded; a development that points to nothing but the corruption in Buhari’s administration”. “While counselling the minister to perish the thoughts of $500 million, the PDP charged him to use his appearance at the National Assembly to give account of the funds so far released to the ministry of Information and Culture which has been plagued by cases and allegations of corruption under his watch,” the party said. PDP also charged Lai Mohammed to immediately provide answers to circumstances surrounding the reported National Broadcasting Commission (NBC) N2.5 billion fraud. The PDP urged the National Assembly to shelve all requests for foreign loans until the Buhari’s Presidency heed to the demand by Nigerians to open its books and publish details of all financial transactions on foreign loans as well as spending from the federation account so as to secure our economy from the bazaar of the corrupt cabal in the Buhari’s Presidency.” 1 Like |
Re: PDP Tackles Minister Over $500m Loan For NTA Upgrade by yanabasee(m): 4:09am On Feb 11, 2020 |
The loan will be paid by the children of Abacha, IBB, GEJ and Buhari...... They should keep compiling it..... 1 Like 1 Share |
Re: PDP Tackles Minister Over $500m Loan For NTA Upgrade by anonimi: 4:43am On Feb 11, 2020 |
yanabasee: Like these ones below ![]() abdelrahman: lalasticlala: [img]https://1.bp..com/-5XVTC5YOg4s/VK-k_oozUKI/AAAAAAABfcY/N9colXKTnhs/s1600/new%2Bposter-01.jpg[/img] [img]https://2.bp..com/-E9ux92qsFUI/VK-k107ysHI/AAAAAAABfbU/OXBzgSajmgU/s1600/2.jpg[/img] 1 Like 1 Share |
Re: PDP Tackles Minister Over $500m Loan For NTA Upgrade by JudasNaCarrot: 4:48am On Feb 11, 2020 |
By the time this mumu president is done with Nigeria, We shall be 80 years behind Mali,one of the poorest in Africa. God will not fail to punish Amaechi, Tinubu and co who promoted and sold this disaster to Nigerians as President. |
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