The Peoples Democratic Party (PDP) on Wednesday raised questions on how loots said to have been recovered by the Buhari-led administration have been used.

In a statement by its National Publicity Secretary Prince Dayo Adeyeye, the party called on the National Assembly to reject Buhari’s request to borrowing the sum of $30bn as it was bent on making the nation a debtor.

The statement read in part, “The attention of the Peoples Democratic Party (PDP) has been drawn to letters submitted by the Federal Government of Nigeria to the National Assembly seeking approval for an external borrowing of $29.960b, and movement of N180b appropriated for special intervention to funding of ‘critical recurrent and capital items’.

“We totally disagree with the APC led Federal Government on this latest move, and call on President Muhammadu Buhari to first and foremost explain to Nigerians what his Administration has done with the so called ‘recovered looted funds’ and how far the 2016 Budget is fairing. Also, President Buhari must itemize what he intends to finance with this proposed borrowing of almost $30b instead of lumping it up in a coded term, and to plunge the Nation’s future into burden of debt. More so, this approach cannot be the preferred solution to the economic quagmire which this Government created due to ineptitude.

 

“Let us state unequivocally, that history will not forgive this APC Government and its collaborators if they allow this injustice and maladministration to our economy and citizens to stand. We therefore call on the two Chambers of the National Assembly to reject this anti-people request by an anti-people government that has no genuine interest for the growth and development of the people of this Country.

“We again call on all Nigerians to speak with one voice and stop President Buhari from further destroying of our great Nation, Nigeria and by extension, Africa.”