The
outspoken and fearless minister of Information and Culture has asked
the Peoples Democratic Party (PDP) to hide its head in shame, saying
Buhari is packing their mess.
Lai Mohammed
In an official statement in reaction to Peoples Democratic Party's call for President Muhammdu Buhari's resignation, the minister of Information and Culture, Lai Mohammed, has asked the opposition party to “hide its head in shame”, saying the administration of Buhari is determined to “pack the mess” it inherited from successive PDP administrations.
The outspoken minister said instead of showing remorse and
rebuilding itself into a strong opposition party, the party had
continued to blame the Buhari administration for past failures.
”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.
”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.
“Instead of showing remorse and rebuilding itself to a strong
opposition party, the PDP has continued to blame the 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.
”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 $60 billion in 2008 to
$120 billion 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. Take the
excess crude account which fell from about $9bn in 2007 to about $2bn in
2015.
“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.
”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.
“The naked fact on the revenue front is that there was just a
failure of leadership. This was compounded by the non-transparent uses
of funds. We are all witnesses to the sacking of a Central Bank Governor
because he raised an alarm about $20 billion that had gone missing.
”We are indeed still trying to recover huge sums looted from
the national treasury under the PDP’s watch, with $15 billion stolen
from the defence sector alone. Perhaps most painful is that because of
the way funds (about $322m) returned from Switzerland were mishandled,
we now have to accept conditionalities before our stolen assets are even
returned to us,” Mohammed said in a statement.
Mohammed added that while the government will continue to welcome
constructive criticism, it had nothing to learn from PDP who wasted the
country’s wealth in the time of economic boom, and maintained that the
economy was in a terrible state when the current administration came on
board.
“After earning so much resources and increasing the total debt
stock, our governments were not able to meet salary obligations,
sometimes for up to seven months, then something was definitely wrong
somewhere and if this is not evidence of a collapsing economy, one
wonders what it is,” he said.
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