PDP’s call for Buhari’s resignation a joke, recovered loot inadequate to revive economy – Lai Mohammed
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Today, the Minister of Information, Alhaji Lai Mohammed, said that the call for resignation of Pres. Buhari by PDP, over the economy, is preposterous. He said, “It is very painful in a situation where the armed robber is now the one sympathising with the victim.
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While we are not going to indulge in blame game, I think we should also be honest enough to admit that we will not have been where we are today if they had done what they ought to do. For the party to ask the President to resign is just a big joke.
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Agree that Nigeria is not the only country hit by the recession and crash in price of crude, but other countries made savings. Saudi Arabia today has about $600bn dollars in reserve and this is by planning and saving for the future which the past administration failed to do during surplus.
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This is not about blaming other administration, but we believe that one should be honest when criticising.” He also disclosed that the looted fund recovered so far by government is a far cry from what the country needs to revive the economy. .
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His words: “What we have recovered and if my record is right is about N78bn, and $3m. We have been able to block various accounts in which about $9bn is found but those are not money available to us because we are still in court over them.
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The government spends N165bn every month to pay federal civil servants, even what has been so far recovered will not even pay 50% of the salaries in a month.’’ On budget release, he recalled that the Federal Ministry of Finance released N400bn for capital projects, mostly on roads, railway, and power. .
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He said: “N400bn seems a lot, but you must also understand that for 3 or 4 years, contractors were not paid. So, when we paid this money to contractors, they also use part of it to settle their own debt, they use part of it to recall laid off staff.".… n d remainder, to ball properly....
.
.
Today, the Minister of Information, Alhaji Lai Mohammed, said that the call for resignation of Pres. Buhari by PDP, over the economy, is preposterous. He said, “It is very painful in a situation where the armed robber is now the one sympathising with the victim.
.
.
While we are not going to indulge in blame game, I think we should also be honest enough to admit that we will not have been where we are today if they had done what they ought to do. For the party to ask the President to resign is just a big joke.
.
.
Agree that Nigeria is not the only country hit by the recession and crash in price of crude, but other countries made savings. Saudi Arabia today has about $600bn dollars in reserve and this is by planning and saving for the future which the past administration failed to do during surplus.
.
.
This is not about blaming other administration, but we believe that one should be honest when criticising.” He also disclosed that the looted fund recovered so far by government is a far cry from what the country needs to revive the economy. .
.
His words: “What we have recovered and if my record is right is about N78bn, and $3m. We have been able to block various accounts in which about $9bn is found but those are not money available to us because we are still in court over them.
.
.
The government spends N165bn every month to pay federal civil servants, even what has been so far recovered will not even pay 50% of the salaries in a month.’’ On budget release, he recalled that the Federal Ministry of Finance released N400bn for capital projects, mostly on roads, railway, and power. .
.
He said: “N400bn seems a lot, but you must also understand that for 3 or 4 years, contractors were not paid. So, when we paid this money to contractors, they also use part of it to settle their own debt, they use part of it to recall laid off staff.".… n d remainder, to ball properly....
PDP's call for Bihari Resignation a Joke!
Reviewed by Constance
on
September 02, 2016
Rating:
Reviewed by Constance
on
September 02, 2016
Rating:
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