Abuja – The Presidency has deplored alleged
attempts by the People’s Democratic Party (PDP)
to create controversy over the approval by
President Muhammadu Buhari to provide relief to
The funds are meant to pay workers owed
The Presidency, in a statement by Femi Adesina,
Special Adviser to the President on Media and
Publicity, rejected the claim by the opposition
party some credit for “saving” the funds that
were disbursed as part of the intervention
package approved by Buhari.
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We also reject the banal and ludicrous demand by
the PDP Spokesman, Olisa Metuh that the PDP
Government which was ousted by Nigerians at the
last general elections for running the country
aground be given some credit for “saving” the
funds that were disbursed as part of the
intervention package approved by President
Buhari, Adesina stated.
He said Metuh’s claim that a significant amount of
the funds came from savings accumulated in the
Excess Crude Account and handed over to the
Buhari administration were false and deliberately
intended to mislead the public.
Adesina reaffirmed that the funds approved by
Buhari for sharing to the three tiers of government
on Monday came entirely from dividends and
taxes paid to the Federation Account by the
Nigerian Liquefied Natural Gas Company (NLNG),
not from the ECA.
He said the disbursed NLNG dividends and taxes
were paid into the Federation Account in June this
year and confirmed by the Central Bank’s
Statement to the Federal Government on
The funds cannot therefore be considered
“savings” by the Jonathan Administration which
left office in May, 2015, as disingenuously
claimed by Mr Metuh.
Adesina said instead of being repeatedly
impugned and castigated by the PDP and its
agents for honestly telling Nigerians that the
nation’s treasury had been immensely depleted
and its resources looted or squandered under
previous administrations, President Buhari should
be commended for the openness, transparency
and accountability which he has now brought to
the management of national funds.
It was in keeping with that disposition, that the
President promptly disclosed the accrual of the
NLNG dividends and taxes to the Federation
Account at his recent meeting with State
Governors and approved the convening of a
special session of the FAAC to share it.
– CAJ News
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