Depleted Revenue: Finance Minister has vindicated us, says PDP

September 19th, 2018

By Myke Uzendu, Abuja

The Peoples Democratic Party (PDP) says the declaration by the Supervising Minister of Finance, Zainab Ahmed, that Nigeria was facing revenue challenges, has vindicated its stand that President Muhammadu Buhari lacks the creative capacity and competence to run a productive economy.

The party also blamed the revenue challenge on the deep-seated humongous corruption in the Buhari Presidency, which provides official cover for leaders of the All Progressives Congress (APC) and cronies of Mr. President to divert and pocket over N10 trillion of the national revenue in the last three years.

In a statement issued in Abuja on Tuesday, PDP National Publicity Secretary, Kola Ologbondiyan, said that had Buhari heed wise counsel from Nigerians to accept his incompetence, hands off economic issues, end the corruption in his Presidency and get a strong economic team, the foreign direct investments and domestic productivity would not have crumbled.

He said: “Nigerians can recall how the PDP nurtured and bequeathed a very robust economy, with thriving domestic and international revenue openings in key sectors of the economy, and how President Buhari, in a space of three years, de-marketed our economy through his utterances, harsh economic policies, condoning of corruption by his officials and failure to develop and drive a clear-cut economic blueprint for the nation.

“Nigerians expect Mrs. Ahmed to show patriotism and courage by exposing the corruption in the financial sector under Buhari, set in motion machinery to recover the over N10 trillion looted by the Presidency cabal and channel the fund back into the economy,” the PDP said.

The party expressed worry over the appointment of Ahmed who like her predecessor, is also being accused to allegations of forgery in the social media over her inconsistencies between her claimed dates of birth and dates of educational qualifications. They asked why Buhari’s key appointees are mostly persons of questionable claims, a development that casts a long shadow on the integrity of the Buhari administration.

PDP maintained that Nigerians were apprehensive that the supervising minister might become ethically challenged like Adeosun, following the fact that those who saw to her appointment are members of the same cabal that used the erstwhile finance minister, Kemi Adeosun, as clearing house to fritter away the nation’s collective resources.

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