…Says President Planning To Mortgage Nigeria
Press Statement
The Peoples Democratic Party (PDP) describes the N6.8 trillion
2016 federal budget presented by President Muhammadu Buhari on Tuesday as a big
fraud and executive conspiracy tailored towards mortgaging the future of the
nation.
The party queried President Buhari’s decision to borrow N2
trillion, the biggest in the history of the nation as the height of
recklessness and deceit from a government that trends on propaganda.
The PDP in a statement by its National Publicity Secretary,
Chief Olisa Metuh on Tuesday berated the Federal Government for trying to use
their bogus welfare programme and phantom capital projects as cover and conduit
to syphon the funds to satisfy partisan interests, particularly to settle huge
campaign debts.
“It is obvious that this budget is an extension of the campaign
promises of the APC government, presented as a manifesto filled with bogus
promises which implementation will be inconclusive, thereby allowing the APC to
once again deny their promises.
“There has never been any known economy in the world where
government deliberately mortgage the future of its nation by borrowing
excessively to finance partisan interests while hiding under bogus welfare
programmes. This is moreso important as the APC in reeling out their bogus
campaign promises never informed Nigerians that they would mortgage their
future through excessive borrowing.
