The Peoples Democratic Party (PDP) has issued a scathing rebuke of the President Bola Tinubu-led administration, warning that its continued reckless borrowing and financial mismanagement under the All Progressives Congress (APC) is endangering Nigeria’s future.
In a press statement issued on Friday to mark the Eid-el-Kabir festivities, the PDP called on the Tinubu government to “end their profligacy, exploitation, deceit and manipulations that have brought untold hardship to Nigerians.”
The statement, signed by the party’s National Publicity Secretary, Debo Ologunagba, it accused the APC-led federal government of deepening economic suffering and worsening insecurity across the country through “reckless mismanagement of national resources.”
“Our Party is deeply disturbed by the pervading sense of gloom in the country; the worsening insecurity where our nation has become a large killing field with citizens left at the mercies of terrorists, bandits and marauders; the unbearable economic hardship and agonising life-discounting experiences all resulting from the reckless mismanagement of national resources by the insensitive APC administration,” the statement read.
Specifically, the opposition party condemned what it described as the mortgaging of the nation’s future through unsustainable loans that yield no visible development impact.
“The APC administration must immediately end the mortgaging of our nation through reckless borrowing that cannot be tied to any corresponding life-enhancing project or programme in the country,” the PDP stated.
The party further called for a sweeping recovery of looted public funds allegedly siphoned by top APC figures, pegging the amount at over ₦30 trillion, mostly from fraudulent oil deals and diverted agency funds.
“Instead, the APC government must take immediate step to recover the over N30 trillion reportedly stolen by known APC leaders through various fraudulent oil deals and other funds frittered from government agencies under the APC administration,” the statement continued.
“Such stolen funds must be recovered and channelled towards the provision of critical infrastructure, revamping the productive sector and enhancing the operations of our security agencies.”
While congratulating Nigerians on the Eid celebration, the PDP urged citizens to remain hopeful and faithful, despite the hardship, and encouraged a spirit of unity and resilience.
“The PDP charges Nigerians not to give up hope but remain patriotic, continue to share with one another at this trying time and pray constantly for God’s divine intervention in the affairs of the nation.”
In a pointed conclusion, the PDP challenged President Tinubu to spend the remainder of his term focusing on redemption and genuine service to Nigerians.
“Our party therefore urges President Tinubu to use the remaining two years of his administration to redeem his image as a leader by being more sensitive towards the wellbeing of Nigerians in line with the demand for selflessness and submission to the Will and Command of the Almighty Allah which the Eid-el-Kabir teaches.”
