PDP slams Buhari over fresh loan appeal, says President mortgaging country’s future

PDP slams Buhari over fresh loan appeal, says President mortgaging country’s future

The Peoples Democratic Party (PDP) has slammed fresh moves by President Muhammadu Buhari to obtain fresh foreign loans of $4bn and €710m.

1st News had reported that Buhari, in a letter to the Senate, solicited its approval for external loans; in order to ensure the completion of projects across the country.

However, the PDP stated that this appeal is another attempt at further mortgaging the future of Nigeria and Nigerians with less than two years left in office.

This was contained in a statement titled ‘Fresh $4bn, €710m loans: Buhari, APC are selling Nigeria, PDP cries out…urges NASS to probe looting of loans’, signed by its National Publicity Secretary, Kola Ologbondiyan, in Abuja, on Tuesday, September 14.

Ologbondiyan said, “The PDP vehemently rejects reported moves by the President Muhammadu Buhari-led APC administration to further mortgage our nation with a fresh of N2.66tn ($4bn and €710m) external loan.

“The party laments that with the reckless borrowing by President Buhari and the APC; Nigerians might eventually not have a nation and a patrimony that they can freely call their own; after the APC; which has less than two years to vacate office.”

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Ologbondiyan described the proposed borrowing as an act of wickedness; on the part of individuals who are fully aware that they will be leaving office in less than two years. It described the Buhari administration as “incompetent and corrupt.”

Meanwhile, the Federal Government has revealed that the suspension on Twitter will be lifted in a ‘few days.’

This was contained in a statement issued on Wednesday, September 15, by the Minister of Information and Culture, Lai Mohammed, who said this while answering questions from State House journalists at the end of the cabinet meeting chaired by President Muhammadu Buhari.

According to the Minister, progress is being made in talks with Twitter.

“I think even Twitter itself two days ago gave what I will call a progress report on our talks with them; and I think if I want to quote them rightly it has been productive and quite respectful.

“And as to the qualifying word for when or how soon; I want to assure you that the time that Twitter operation has been suspended; between the time it has been suspended, and when it will be restored is by far, much, much shorter.

“That I can assure you that it is by far in other words, if the operation has been suspended for about 100 days now; I can tell that we’re just actually talking about a few, just a few more days now,” he said.

 

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