The minister of information and culture, Lai Mohammed says the PDP it would not have dared to even make a single comment on the economy that it did everything to kill if it understood the meaning of shame
Faults the claims by successive PDP administration to have put up a vibrant economy for Nigeria
Queries how someone without any known means of earned livelihood will boast of $31.5m under the PDP government
The minister of information, culture and tourism, Lai Mohammed says the PDP would not have dared to even make a single comment on the economy that it did everything to kill if it understood the meaning of shame.
The minister of information, culture and tourism, Lai Mohammed says the PDP would not have dared to even make a single comment on the economy that it did everything to kill if it understood the meaning of shame.
The federal government has described calls for President Muhammadu Buhari’s resignation by the Peoples Democratic Party (PDP) as shameless.
According to the Punch, the minister of information and culture, Lai Mohammed, in a statement on Thursday, September 15, by his special adviser, Segun Adeyemi, said the calls by the PDP for Buhari’s resignation was an attempt by the party to distract the government from its rescue mission and returning the country to ”Egypt.”
Mohammed said: “We are on a rescue mission to resuscitate Nigeria after the PDP left it in a coma, and the noise from the same PDP seems designed to sabotage the rescue efforts. But we are not deterred.”
He said the opposition party would not have dared to even make a single comment on the economy that it did everything to kill if it understood the meaning of shame.
“While the PDP was emasculating Nigeria on all fronts, including social, economic and political, the rapacious party was deceiving Nigerians by giving them the illusion of growth and prosperity,” Mohammed said.
“Instead of showing remorse and rebuilding itself to a strong opposition party, the PDP has continued to blame the successor Buhari Administration which is left to pack their mess.
“PDP undertakers have continued to engage in a blame game, when they should be hiding from the shame they brought upon themselves and the nation.
Mohammed faulted the claims by successive PDP administration to have put up a vibrant economy, adding that such claims were nothing but a bubble that was buoyed by massive corruption and chronic incompetence.
The minister queried how someone without any known means of earned livelihood could boast of $31.5m under the PDP government.
He said: “They keep saying we should stop talking of the past, yet the past will not stop rearing its head. They keep saying we should no longer refer to the past, but how can we forget so soon that our foreign exchange reserves plummeted from $62bn in 2008 to $30bn by 2015, at a time when oil prices were at a historic high, reaching a level of $114 per barrel in 2014.
“By comparison, Indonesia, another oil producing economy with a high population, increased its reserves from $60bn in 2008 to $120bn in 2015.
”The candid truth is that we failed under the successive PDP administrations to save for the rainy day, and we need to constantly remind ourselves of that so that we won’t repeat the mistake.”
Referring to the excess crude account which fell from about $9bn in 2007 to about $2bn in 2015, the minister said the argument that it was the state governors that depleted the account does not hold water since there were governors in place when the account was being built up.
He said: “Worse still is the fact that up to $14bn in revenues from Nigerian LNG remains unaccounted for and indeed until the Buhari Administration came to office, State Governments never got any allocations from this source of funds which properly belongs to the Federation Account.”
Meanwhile, the Enugu State Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), has criticized the FG, revealing that Nigeria has already plunged into depression contrary to the claims of recession making the rounds in government circles.
Daily Post reports that the assertion was made by the director general of ECCIMA, Mr Emeka Okereke, who pointed out that the south-east geopolitical zone was the worst hit by the state of the economy.
He based his judgment on the abysmal infrastructure in the region which has crippled trade and commerce that forms the bedrock of the regions’ economy.
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