W3vina.COM Free Wordpress Themes Joomla Templates Best Wordpress Themes Premium Wordpress Themes Top Best Wordpress Themes 2012

‘You Lack Moral to Challenge PDP’s Administration’, Jonathan Replies VP Osinbajo




Spread the love

By Niyi Adeyi

(AFRICAN EXAMINER) – Barely 24 hours of another and latest indictment against him on the mishandling of the economy, the immediate past President Goodluck Jonathan has replied the Vice President, Prof Yemi Osinbajo that he lacks the moral to accuse his administration and political party – the People’s Democratic Party (PDP) of poor performance.

The reply by Jonathan was contained in a statement issued Tuesday by his former new Media aide, Reno Omokri.

On Monday, Prof. Osinbajo in a Lecture titled: “Restructuring and the Nigerian federation,” delivered in Lagos as part of activities marking the 40th anniversary of Association of Friends blamed the Jonathan’s administration of plunging Nigeria into untold hardship, recession and debt.

The former President argued with respect to debt; in the entire 16 years that the opposition PDP governed Nigeria, the total amount of money borrowed was ₦8.06trn, adding that the facts were sourced directly from the Budget Office controlled by the Muhammadu Buhari’s administration.

He countered further that in three years, of the ruling All Progressives Congress-led administration the country has borrowed a total of ₦10trn. Jonathan asked: ‘’with this fact in hand, where does Vice President Osinbajo have the moral authority to point leprous fingers at former President Jonathan?’’

The former President queried:  “How can Vice President Osinbajo, a man who had just been indicted by the House of Representatives in one of the biggest corruption scams ever in Nigeria’s history, have the gall to point accusing fingers at Dr. Jonathan, a man that is celebrated internationally for his efforts at achieving Nigeria’s best rating in Transparency International’s annual Corruption Perception Rating when Nigeria improved 8 paces from 144 to 136 in 2014?’’

“Having read through the sordid details of Prof. Osinbajo’s corruption as revealed in the indictment by Nigeria’s House of Representatives, it is easy to understand why Nigeria made her worst ever retrogression in Transparency International’s annual Corruption Perception under him this year, moving 11 paces backwards from 136 to 148.

“On the issue of debt, the fact remains that in the entire 16 years that the Peoples Democratic Party governed Nigeria, the total amount of money borrowed was ₦8.06trn. These are facts sourced directly from the Budget Office controlled by the Buhari administration’’ the statement contends.

Omokri also challenged: “However, in only three years, the All Progressives Congress-led administration of President Muhammadu Buhari has borrowed a total of ₦10trn. With this fact in hand, where does Vice President Osinbajo have the moral authority to point leprous fingers at former President Jonathan?

“The claim by Vice President Osinbajo that former President Jonathan left $63bn in debt is also a false claim. The Jonathan administration inherited $42.23bn in debt in 2011 which were debts borrowed by the states and the Federal Government.

“Throughout the five years that he was President, former President Jonathan incurred the wrath of several state governments because his administration refused to guarantee their foreign loans.”

“On Tuesday, November 13, 2018, the Debt Management Office revealed that in just 2017 alone, the Buhari administration borrowed ₦2.4trn to fund their budget deficit. This is besides other loans that they took in 2017 alone. That money is more than the funds borrowed by the Jonathan administration in five years!

“To show to Nigerians the profligacy and ineptitude of the current administration, I draw their attention to the fact that between July and August 2018, the Buhari administration claimed it had shared $322m Abacha funds recovered by the Jonathan administration to the poor. Then a week after it made that announcement, the Buhari government borrowed $328m from China.

“The question is this, why would you share out $322m one week only to borrow the same amount next week? Why not use the Abacha funds to fund government activities instead of adding to the already strained debt burden?

“These are questions that Vice President Osinbajo should answer rather than making false allegations against former President Jonathan.”

 


Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Short URL: https://www.africanexaminer.com/?p=46512

Leave a Reply

Time limit is exhausted. Please reload CAPTCHA.

FIDELITY

uba

FirstBank

NNPC

FIRS

zenith

advertisement

Classified Ads

Like us on Facebook

advertise with us