Home Africa Nigeria: PDP Alleges Over N20 Trillion Looted by APC Leaders: Breaking News

Nigeria: PDP Alleges Over N20 Trillion Looted by APC Leaders: Breaking News

Nigeria: PDP Alleges Over N20 Trillion Looted by APC Leaders: Breaking News

Redaction Africa Links 24 with Legit.ng
Published on 2024-02-06 16:54:07

The Peoples Democratic Party (PDP) has accused the leaders of the All Progressives Congress (APC) of orchestrating the looting of over N20 trillion, resulting in severe economic hardship across Nigeria. These allegations were highlighted in a statement signed by the PDP spokesperson, Debo Ologunagba, and obtained by Legit.ng.

The recent protests in Minna, Niger state, and Kano over the increasing cost of living were met with the APC claiming that the opposition was behind the demonstrations. In response, the PDP condemned the APC’s attempt to politicize the people’s suffering, calling it an insensitive approach to the ongoing economic crisis and security challenges in the country.

The PDP statement was scathing in its criticism of the APC-led administration, attributing the current economic downturn and escalating poverty to the anti-people policies, unprecedented corruption, and monetary mismanagement under the President Bola Ahmed Tinubu-led government. The PDP accused the ruling party of deliberately disregarding the plight of Nigerians and choosing to label and suppress the suffering masses instead of addressing their concerns.

The opposition party pointed out that the policies of the current administration have led to an alarming increase in the cost of living, widespread poverty, high unemployment rates, soaring inflation, and the departure of international businesses from Nigeria. The PDP held the APC accountable for the drastic devaluation of the Naira, fuel price hikes, and soaring electricity costs, which have had devastating effects on the economy and the livelihoods of millions of families.

Moreover, the PDP raised serious concerns about the alleged looting of over N20 trillion by APC leaders and members, citing budget padding, contract inflation, oil subsidy scams, and other forms of corruption that have further exacerbated the economic crisis. The opposition party also criticized the government’s lack of action in addressing reports of embezzlement and corruption involving cabinet ministers and senior officials.

The statement highlighted the glaring security challenges faced by the country, with thousands of Nigerians falling victim to terrorism and violent attacks. The PDP criticized the government’s negligence in addressing these security threats and claimed that the President’s apparent detachment and lack of empathy for the victims have only emboldened the perpetrators.

The PDP’s scathing indictment of the APC and President Tinubu’s administration underscored the urgent need for concrete action to address the economic hardship, insecurity, and corruption plaguing the nation. The opposition party called on the APC to admit the failure of its policies and take immediate steps to alleviate the suffering of Nigerians.

As allegations of corruption, economic mismanagement, and unaddressed security threats continue to dominate the political discourse in Nigeria, the PDP’s statement serves as a potent reminder of the challenges facing the country and the urgent need for decisive action to alleviate the suffering of the Nigerian people.

Read the original article on Legit.ng

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