Tuesday, December 22, 2015

This 2016 Budget From Buhari Is A Big Fraud – PDP

The PDP has described the N6.8 trillion 2016 federal budget presented by President Muhammadu Buhari on Tuesday as a big fraud and executive conspiracy tailored towards mortgaging the future of the nation.

The opposition party described Buhari’s decision to borrow N2trillion, the biggest in the history of the nation as the “height of recklessness and deceit from a government that trends on propaganda”.

The PDP in a statement by its National Publicity Secretary, Olisa Metuh, berated the Government for trying to use their “bogus” welfare programme and “phantom” capital projects as cover and conduit to syphon the funds to satisfy partisan interests, particularly to settle huge campaign debts.

“It is obvious that this budget is an extension of the campaign promises of the APC government, presented as a manifesto filled with bogus promises which implementation will be inconclusive, thereby allowing the APC to once again deny their promises.

“There has never been any known economy in the world where government deliberately mortgage the future of its nation by borrowing excessively to finance partisan interests while hiding under bogus welfare programmes. This is moreso important as the APC in reeling out their bogus campaign promises never informed Nigerians that they would mortgage their future through excessive borrowing.

“We have it on good authority that this is the first in the series of APC borrowings which would leave the future generation of Nigerians under the burden of huge debts after four years,” PDP said.

The PDP also said the budget clearly showed that after seven months in power, Mr. Buhari and his party, the APC were yet to differentiate between governance and campaign propaganda.

APC sources who reacted to the attack in a chat with OluFamous.Com simply advised PDP to watch out as they would soon start seeing the difference between a "stealing government" and a "sincere government" that is working to change the lives and well-being of the majority of Nigerians.

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