Fresh Loans: Buhari’s Plans is to Sale Nigeria – PDP alleged ~ Matters Arising

Fresh Loans:  Buhari’s  Plans is to Sale Nigeria – PDP alleged

Fresh Loans:  Buhari’s  Plans is to Sale Nigeria - PDP alleged

The Peoples Democratic Party (PDP) alarms that with the volume of foreign loans being accumulated by President Muhammadu Buhari and his All Progressives Congress (APC), our nation and her people have been placed on the international auction market.

The party said President Buhari’s moves to take a fresh $5.513 billion (N2.1 trillion) loan in addition to an earlier $22.79 billion (N8.5trillion), the size of 2020 budget, without operable repayment plans, will totally compromise the fiscal integrity of our nation and open her up for economic annexation by foreign creditors. This is in addition to N850 billion from the capital market.

It is more alarming that the Buhari government, in this fiscal year, cannot muster the capacity to harness the huge resources available in our country to generate even half of the sum of its own budget, but has been going cap in hands to shop for foreign loans.

The PDP expressed fears that with this situation, the APC administration is practically driving our nation to the brinks while exposing Nigerians to the risk of modern day slavery by mortgaging our future to economic appropriation by foreign interests.

Already the situation has created apprehensions, anxiety and trepidation among the citizens, particularly the youths, who are now scared about their future and the survival of our nation under the APC.

It is even more distressing that this administration cannot account for the loans it has taken so far. In spite of the deluge of loans, the lives of the ordinary Nigerians, on whose behalf they claim to be amassing these debts, have become worse than the APC and Buhari met them in 2015.

Painfully, even the savings made by previous administrations have been opened up for pillaging by APC leaders and the cabal in the Buhari Presidency

The PDP calls on Nigerians to look beyond our primordial differences and unite in speaking against this accumulation of debts. It is no longer about political party affiliations, creed, ethnicity, class or age. We all must unite in one voice to save our nation from an imminent collapse.

Our party holds that rather than mortgaging our nation to foreign interests, President Buhari should immediately cut the size of his government, slash its over bloated budget, clip its luxuries, curb unbridled corruption in his administration and make haste to recover the N14 trillion that was stolen by APC leaders under his watch.

If the N14 trillion stashed away by APC leaders and the cabal is recovered, our nation will not be in need of these humongous foreign loans.

The PDP also urges the National Assembly to stand on the side of the people and save the nation by immediately using its legislative instrument to check this unbridled appetite for foreign loans.

Signed:

Kola Ologbondiyan
National Publicity Secretary

votes
Article Rating

Subscribe
Notify of
guest
23 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
james balogun
james balogun
2 years ago

SEEKING FOR RICH SUGAR MUMMY/DADDY/LESBIAN/GAY
CONTACT OUR DATABASE ADMINISTRATOR VIA (+2348145236851)
Turn your life around,by getting the chance to meet with our Executive sugar mummies
sugar daddies,gay and lesbian connections all over Nigeria ,Ghana, spain, italy, South Africa,UK,U.S.A,
Dubai,Paris,Germany and some other countries, you are also entitled to contract opportunities,job offers in good reputable companies within Nigeria ,
business packages,financial packages and loans offers for businesses
by meeting our prestigious clients,who are highly rich and influential,powerful,connected,
we have directors,C.e.o ,senators,managers,politicians,
oil tycoon,big time Dubai and London based sugar mummies and daddies,we have ladies that owns two to three companies within one state and also ladies thatrun their business organization within
overseas,so are you good in bed,do you have all it takes to partake in our service,we offered fast reliable service to you anywhere you are within the above
mention countries
,our clients are highly connected and influential people within the society, ,so contact us now to get an instant hook-up today,
FACEBOOK NAME/bALOGUN JAMES SUNDAY
PHONE NUMBERS/08145236851

WHATSAPP NUMBER/+2348145236851

AFRICAN DATING AGENCY…..YOUR WISH IS OUR DESIRE……….

trackback
2 years ago

[…] Fresh Loans: Buhari’s Plans is to Sale Nigeria – PDP alleged ~ Matters Arising […]

ปั๊มไลค์
2 years ago

Like!! I blog frequently and I really thank you for your content. The article has truly peaked my interest.

ทิชชู่เปียกแอลกอฮอล์
2 years ago

I really like and appreciate your blog post.

แผ่นกรองหน้ากากอนามัย
2 years ago

I really like and appreciate your blog post.

SMS
SMS
2 years ago

Your site is very helpful. Many thanks for sharing!

g take
2 years ago

For newest news you have to go to see world wide web and on web I found this web site as a best
web site for hottest updates.

rsacwgxy g
2 years ago

Good day! Do you know if they make any plugins to assist with SEO?
I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains.
If you know of any please share. Thank you!

tinyurl.com
2 years ago

Hello everybody, here every one is sharing these experience, thus it’s nice to read this blog, and I used to pay a
visit this blog all the time.

cbd oil that works 2020
2 years ago

Hello to all, how is the whole thing, I think every one is getting more from this web site, and your views are
fastidious designed for new viewers.

cbd oil that works 2020
1 year ago

I love reading through an article that will make people think.
Also, thank you for allowing for me to comment!

cbd oil that works 2020
1 year ago

Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet
my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was
hoping maybe you would have some experience with something
like this. Please let me know if you run into anything.

I truly enjoy reading your blog and I look forward to your new updates.

Jolynn Ayersman
1 year ago

➡️ Digital Focus Marketing, 2a Botanic Grove, Edge Hill, Liverpool L7 5QH, 07398 137701

best web hosting
1 year ago

Hi, for all time i used to check weblog posts here early in the
dawn, as i love to learn more and more.

web hosting service
1 year ago

I have learn some excellent stuff here. Certainly price bookmarking for revisiting.
I wonder how much effort you set to make such a wonderful informative web site.

cheap flights to florida round trip
1 year ago

whoah this blog is fantastic i love reading your articles.
Stay up the good work! You already know, many people are hunting round for this info, you
can aid them greatly.

cheap flights 2020
1 year ago

Hi there Dear, are you truly visiting this web page daily, if
so afterward you will without doubt take nice know-how.

web hosting services
1 year ago

Great blog! Is your theme custom made or did you download it from somewhere?
A theme like yours with a few simple adjustements would really make my
blog shine. Please let me know where you got your design. Thank you

hosting services
1 year ago

Hey there, You have done an incredible job. I’ll definitely digg it
and personally suggest to my friends. I’m sure they will be
benefited from this website.

website hosting
1 year ago

I do not even understand how I finished up right here, however I believed this post was great.
I don’t understand who you are but certainly you are going to a famous blogger if you are not already.

Cheers!

web host
1 year ago

Very nice article. I certainly appreciate this site.
Stick with it!

best website hosting
1 year ago

Asking questions are really pleasant thing if you are
not understanding something entirely, however this paragraph provides pleasant understanding yet.

cheap flights
1 year ago

I used to be able to find good information from your
content. cheap flights 34pIoq5

Premier League to restart on 17 June with Man City v Arsenal

Premier League to restart on 17 June with Man City v Arsenal

FG Will Convert Schools and Hotels to Isolation Centre, If ?- Health Minister

FG Will Convert Schools and Hotels to Isolation Centre, If ?- Health Minister ~ Matters Arising