APC backs Buhari, Amaechi; tells Atiku, PDP to account for $460m CCTV, $2bn China loan

Follow us on Social Media

Social sharing

APC Atiku 1280x720 1

50a8ebc9 0594 4225 9298 bd4b8b166cbf
APC Atiku 1280x720 1

The All Progressives Congress (APC) has said the statement issued by the media office of former Vice President, Atiku Abubakar, on the sovereign immunity clause embedded in Nigeria’s loan agreements with China was unresearched, unintelligent and pedestrian.

Its reaction was contained in a statement on Monday by the spokesman, Yekini Nabena.

He noted that Minister for Transportation, Rotimi Amaechi, already explained the guarantee/clause in the loan deals is standard irrespective of the country granting the loan.

“Perhaps, Atiku and the Peoples Democratic Party (PDP) could redirect their energies to explaining to Nigerians the status of the failed $460 million Abuja Closed-Circuit Television (CCTV) awarded in August 2010 by the immediate-past PDP administration.

“Also, they should explain the over $2billion China loan the PDP administration took between 2010 and 2013 alone; $16billion spent on power with no electricity; fuel subsidy rackets; counter-insurgency funds that were diverted and shared to political cronies among other shocking heists.”

APC recalled that the CCTV installation project was initiated by late President Umaru Yar’Adua and awarded in August 2010 by former President, Goodluck Jonathan’s administration to help security agencies in the Federal Capital Territory (FCT) check the growing insecurity.

It said since the agreement was signed, Nigeria has been servicing this loan to China while Nigerians are yet to attest to the visibility of CCTV project and unable to explain the status of the video surveillance project.

READ ALSO  Ex-Governors Panic as EFCC Raids Yahaya Bello's Mansion in Abuja

“The matter is subject to a legislative probe. In all of these we are starkly reminded that the PDP remains a corrupted and damaged product. Nigerians must continue to reject the party at all levels of government.

“In the area of fiscal discipline, prudence, curbing leakages, are we currently getting it right? An emphatic yes! Every kobo expended on infrastructure counts. Verifiable evidence abound in the fast expanding national railway projects, airport remodelling among other critical infrastructure projects being undertaken by the President Muhammadu Buhari government.”

APC added that the days of phoney contracts as institutionalised by successive PDP administrations are fast fading.

YOU MAY LIKE

  • 09e73eb5 5ed1 4d55 8c0a fd867041946dOsagie Ize IyamuEdo election: Deputy Speaker, 4 others declare support for APC’s Ize-Iyamu
  • 0e57ebe0 9cb8 47dc 8f34 98967730f54cBuhari AmaechiChinese loans: Buhari, Amaechi under ‘fire’ over Nigeria’s sovereignty
  • ade12146 a344 4d91 8dc1 9a672d1557b8CAN 1Southern Kaduna: CAN tells Buhari govt what to do about killings
Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

READ ALSO  Kaduna State Assembly Sets Up Committee to Investigate El-Rufai

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel

Be the first to comment

Leave a Reply