The Peoples Democratic Party is still pissed over comments that Vice President-elect, Prof. Yemi Osinbajo, made on the state of the nation’s economy, calling it a “misrepresentation.”
The party specifically tackled Osinbajo’s claims on the current status of the nation’s government debt stock, saying that the misinterpretation was part of a ploy by the incoming All Progressives Congress administration, to discredit the PDP.
This was contained in a statement signed by the PDP National Publicity Secretary, Chief Olisa Metuh.
The statement reads in part, “It is indeed unfortunate that the Vice President-elect who has the details of the debt stock chose to be economical with the truth and to mislead Nigerians just to discredit the current PDP-led administration and rationalise the APC’s unpreparedness for governance.
“Prof. Osinbajo is aware that the $63.7bn is made up of external and domestic debts belonging not only to the Federal Government but to federal and state governments and accumulating since the 1960s, yet he deliberately misrepresented the facts to give the unsuspecting public the impression that the amount was exclusively incurred by the current federal government.
“Perhaps the Vice President-elect avoided the details so as not to expose the fact that the APC controlled Lagos State has the highest external debt stock of $1.169bn as well as the highest domestic debt stock of N278.867bn.”
The PDP says it finds it unacceptable and un-statesmanlike for the Vice President-elect “to attempt to mislead Nigerians into believing that the total federal debt component was accumulated under the President Goodluck Jonathan-led administration, when it is on record that a greater chunk of the amount was inherited.”
The party berating the incoming administration for “dwelling on excuses and reneging on campaign promises.” For the PDP, the APC and President-elect Muhammadu Buhari might as well be dwelling on another planet, if not so, did they not know about the economic challenges caused by the dwindling oil revenues before making their “huge promises” to Nigerians?
“The APC must fulfill its promises for which Nigerians voted for them. Were they not aware of the debt stock and the dwindling oil revenues before making their huge promises to the people? Were the promises only intended as carrots to mislead the people and deceitfully win their votes after which they are dumped?” the PDP queried.
The party said the incoming administration should stop contriving excuses and understand that Nigerians expect nothing short of the fulfillment of its campaign promises during the currency of their tenure, especially “given that the solid foundation for wealth creation has already been laid by the PDP.”
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