PDP demands probe of N24.38tn debt profile

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The Peoples Democratic Party has queried the Federal Government over “the borrowing spree”, which it alleged catapulted the nation debt from N12.12tn in 2015 to “an overburdening N24.38tn in 2018”.

The main opposition party stated this in a statement by its National Publicity Secretary, Mr kola Ologbondiyan, on Monday.

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

 

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MR MEGAPHONE UR SUGGESTION IS VERY WELCOME & COMMENDABLE, HOWEVER FOR A CLEAN SWEEP, THIS SHOULD BE FROM 1999, AS LOANS ARE CUMULATIVE, AS LONG ITS BY 'NIGERIAN GOVERNMENT' NO DEMARCATIONK AS GOVERNENT IS A CONTINUUM, SO ARE NIGERIAN DEBTS & ASSETS. MAKE A CLEAN SWEEP 1999-2018

'The most stupid man I've ever seen in m generation '

As if they now care about about the state of the nation😴😴😴

Broken microphone.

As if you care

More like saying dropping the anchor on your neck, Mumu

More like saying PDP wants to investigate the $60billion it borrowed while in power😆😆😆😆😆 These ones keep sounding daft!

Nonsense coming from OfficialPDPNig

The one they were the largest share holder given the nature of their looting ability with nothing to show for it or which one? 🤣🤣🤣🤣 it’s pointing a gun right to ur head. Useless people

Someone please explain this basic economics to officialKolaO . PDP $60 billion , APC $10 federal loan .

Really?!

Buhari government is worse government in history of Nigeria.

From 1999 to date

Corrupt Nigeria Full Of Criminals And Murderers. God Punish You All That Support OneNigeria. FreeBiafra

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PDP to National Assembly: probe Nigeria’s N24.3tr debt profileThe Peoples Democratic Party (PDP) has raised questions over Federal Government’s “unwholesome” borrowings amounting to N24.38 trillion debt.... Stupid man. Were those money accumulated from 2015 to date? i thought bald headed people use to have plenty of sense until now or except that is only limited to this buffoon Me to NASS probe the monumental fraud perpetrated by PDP in its 16yrs of ruling. Especially the $16bn electricity project under OBJ's watch.
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Probe Nigeria’s N24.38trn debt, PDP asks N/Assembly – Daily TrustThe PDP has asked the National Assembly to probe the increasing borrowing by the APC-led government which has allegedly led to a national debt of N24.38 trillion. The PDP, in a statement, yesterday, by its National Publicity Secretary, Kola Ologbondiyan, argued that the debt profile in 2015 was N12.12 trillion but later rose to N24.38 …
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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.
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PDP queries FG, Presidency over N24.38tr debt profile - Vanguard NewsThe Peoples Democratic Party, PDP, has chided the All Progressives Congress, APC-led federal government and Presidency over alleged unwholesome borrowings leading to the escalation of the nation debt stock from N12.12 trillion in 2015 to a kingly sum of N24.38 trillion in 2018. vanguardngr Don't waste your time.All they will do is the usual,blame the PDP for 16years of waste.
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