Connect with us

News

PDP lampoons Federal Government for seeking $6.9 billion to tackle coronavirus

Published

on

Spread the love


The Peoples Democratic Party (PDP) came hard on the Federal Government of Nigeria for seeking the sum of $6.9 billion from international lenders to fight the coronavirus pandemic, wondering what happened to billions of naira donated to by Nigerians.


The opposition party said the development was nothing short of deception by the Buhari led administration, in the guise of tackling the pandemic.

Minister of Finance, Budget and National Planning, Zainab Ahmed had in a meeting with federal lawmakers on Monday in Abuja, hinted on plans to set up an N500 billion intervention fund to battle the global pandemic.

Read Also:  Stakeholders throw weight behind bill to establish Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria

The Minister had in that meeting disclosed that government would seek foreign loans from the World Bank, International Monetary Fund, IMF and others to cushion the COVID-19 impact on the economy.


Reacting, Deputy National Publicity Secretary of the PDP, Diran Odeyemi tasked government to come clean on what has happened to the billions of naira already donated by well-meaning Nigerians as palliative to a vulnerable lot of the society.

Read Also:  FAAC shares N681.330 billion in March, 2021 revenue to three tiers of government

He said: “It is clear that this government is now using the Coronavirus pandemic as an avenue to make more money for itself. 
“Why do we have to seek foreign loan when the COVID-19 is a global phenomenon? Have they justified how the billions of naira raised so far have been spent?

Read Also:  Edo Decides: Harassment, intimidation of voters, opposition should have no place in our democracy - Ekweremadu


“Across the country, people are crying of the hunger and hardship occasioned by the lockdown. Food items are not provided and the money they claimed to be sharing to the poorest of the poor is enmeshed with controversy.


“With the way things are going, it may be difficult for this government to implement any development project again. It appears they are going to tell us that they spend the remaining three years fighting the virus.”

Trending

Contact Us:

  • Address: Address: 1st Floor,  Nwakpabi Plaza,  Suite 110, Waziri Ibrahim Crescent, Apo,  Abuja
  • Tel: +234 7036084449, +234 8066722600, +234 7012711701
  • Email: info@capitalpost.ng

Quick Links: