PDP queries FG, Presidency over N24.38tr debt profile - Vanguard News

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PDP queries FG, Presidency over N24.38tr debt profile vanguardngr.com vanguardnews

The party described as saddening and devastating that President Muhammadu Buhari’s administration, relied on heavy borrowings and unbearable tax regimes, “which have crippled productivity, caused untold hardship and mortgaged the economic future of our nation.”

“It is shocking and completely insupportable that our nation’s debt had risen from N21.72 trillion in December 2017 to N24.387 trillion in December 2018, showing an accumulation of a whopping N2.66 trillion in a space of one year. “This is particularly against the backdrop of allegations in the public space that the borrowed funds, which were taken as development funds, were diverted to 2019 general elections campaign activities of the APC, a huge part of which ended in private pockets of corrupt APC leaders.

 

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vanguardngr Don't waste your time.All they will do is the usual,blame the PDP for 16years of waste.

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PDP calls on N/Assembly to probe FG's N24.3 trn debt profileThe Peoples Democratic Party (PDP) has raised questions over Federal Government's 'unwholesome' borrowings amounting to N24.38 trillion debts, Are they calling as a party to reclaim their stupid perceived mandate or conglomerate of ranting evil and devilish individuals under one coven umbrella.
Source: TheNationNews - 🏆 6. / 69 Read more »