APC, PDP clash over alleged power sector fraud, others

The All Progressives Congress and the Peoples Democratic Party, on Tuesday, clashed over allegations of corruption perpetuated in public offices.

The APC is demanding that the PDP bury its head in shame for allegedly mismanaging the economy for a record 16 years and failing to account for over $36bn spent on power and the $20bn, which the then Governor of the Central Bank of Nigeria, Lamido Sanusi, alleged went missing from government coffers.

The PDP, on its part, is asking the President, Major General Muhammadu Buhari (retd.), to recover over N15tn allegedly from stolen public coffers by APC leaders in the last five years as well as hiding under negotiating with bandits to loot public treasury.

In two separate statements, the governing party and the opposition pointed accusing fingers at each other over alleged malfeasance with public funds.

The APC’s statement was titled, ‘APC to PDP: The facts speak for themselves’, and was signed by the Secretary of the Caretaker/Extraordinary National Convention Planning Committee, Senator John Akpanudeodehe, in Abuja, on Tuesday.


Akpanudeodehe said, “Going by the cankerworm of revelations after the descent of the PDP, the CBN’S vault was thrown open and virtually abandoning professionalism, where individuals drove in to take raw cash for political patronage and without recourse to paperwork and inflationary consequences.

“We need to remind all patriotic Nigerians once again of the missing $20bn from the coffers of government as reported by the then country’s number one banker (Lamido Sanusi).

“There were indeed reasonable grounds for a cover up. Over $16bn, as was the yet rotten revelation from public hearings, that was shared amongst friends in the name of power sector reforms by the PDP government, yet nothing to show for it. This much was established by the Elumelu committee’s report.”

The PDP responded in a statement, ‘Recover N15tn stolen by APC Leaders – PDP tasks Buhari…counsels Akpanudoedehe on speaking for thieving, anti-people APC’, signed by its National Publicity Secretary, Kola Ologbondiyan.

He said, “We know that APC’s attack is a desperate diversionary tactic as more revelations continue to emerge on how its leaders and some Presidency officials pillaged our national treasury and stole over N15tn as well as how the APC has been patronising bandits with our national resources.

“The APC had become rattled because of pressure from the PDP and other well-meaning Nigerians asking President Buhari to go after APC leaders as well as Presidency officials involved in the reported stealing of N9.6tn ($25bn) oil revenue as detailed in the leaked NNPC memo.

“APC leaders are having sleepless nights because the dragnet will soon catch up with all of them involved in the reported stealing of N1.1tn worth of crude using 18 unregistered vessels; the looting of over N2tn in hazy oil subsidy regime, including a criminal under-recovery for unnamed West African countries as well as illegal tax per litre of petrol running into trillions of naira.”

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