Wednesday, July 15, 2015

Apologize for misleading Nigerians over bailout funds – Group tells Buhari, APC



Move On Nigeria, a socio-political action group committed to good governance and accountability has asked the All Progressives Congress, APC, and the Federal Government to apologize for misleading Nigerians on the issue of bailout funds for the states, reports Dailypost.

Clem Aguiyi, its National Coordinator in a statement said that in the light of the revelations made recently by the Managing Director of the Nigerian Liquefied Natural Gas (NLNG), Babs Omotowa, that the money they paid to the Buhari led federal government was actually 2014 Corporate Income Tax (CIT) and not dividends as claimed by the Federal Government, the government should apologize to Nigerians


“The government must give the people a reason to trust it especially given that there have been all sorts of lies to cover up government’s inaction since its inauguration almost two months ago.

“We can live with the hardships this government has visited on us as if that is the ‘thank you’ for voting it into power, but lies, deceit and cover-ups we cannot condone”.

DAILY POST recalls that PDP State Chairmen had accused President Muhammadu Buhari of not telling the truth on the source of the bailout he recently granted to the states of the federation to their workers’ salaries.

Their chairman, Dr. Emmanuel Agbo (Benue State), wondered where Buhari and his party got the bailout even when they had claimed that ex-President Goodluck Jonathan left an empty treasury.

“The media adviser to President Muhammadu Buhari is economical with the truth. By denying release of funds from the Excess Crude Account (ECA), he is being economical with the facts regarding the bailout by Mr. President,” the group noted.


“The era of campaigns and deliberate distortion of facts by the All Progressives Congress (APC) are over. The APC should know that government is a sacred order built on trust and therefore must at all times give accurate information to Nigerians.

“There is no way that only $2b from LNGN will equal 804 billion naira released for sharing by the three tiers of government. The bank loan arrangements are not physical cash on the table for direct disbursements to the tiers of government,” Agbo noted.

Culled from dailypost

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