Nigeria’s ruling political party, the All Progressives Congress, APC, on Friday said the country’s President, Muhammadu Buhari, has saved the country a whooping N1.4 trillion as at September owing to his moves to plug all loopholes in the system.
The party further said the administration is embarking on a massive infrastructure renewal programme in the areas of roads, rail and power and that for this purpose, a $2.5 billion Infrastructure Fund is being put in place.
“Contrary to the disinformation being peddled by the Peoples Democratic Party, PDP, the Buhari administration is poised to lift millions of Nigerians out of extreme poverty by providing social protection and safety nets with another N2.5 trillion Special Intervention Fund,” the APC said as response to an attack by the opposition PDP following the shut-down, by the Senate, of a motion seeking to implement the promised N5,000 to vulnerable Nigerians.
The APC assured Nigerians that the government would not renege on its campaign promise to pay the N5,000 each monthly to 25 million most vulnerable Nigerians, while calling on the citizens to ignore the mischievous attempt by the PDP to confuse and mislead them on this issue.
In a statement issued in Abuja by its National Publicity Secretary, Alhaji Lai Mohammed, the party said even though the PDP-led Federal Government plundered the common wealth in its time, it (APC) has devised creative means not only to pay the money but also to fulfill its other campaign promises to Nigerians.
It said the non-implementation of the payment policy so far is due to the fact that it was not included in the 2015
budget, which was prepared by the PDP-led Jonathan Administration, and also because of the need to first block all financial leakages.
“Now, the Buhari administration has been busy putting into place measures that will make it possible to start the
implementation of this project. Such measures include the introduction
of the Treasury Single Account (TSA)
“We are happy to inform Nigerians that as at the end of September 2015, over N1.4 trillion – which hitherto was lying unproductively in various commercial banks – has been recovered and paid into the TSA,” APC said.
The party said that in its usual jumpy and superficial approach to issues, the irresponsible opposition has already rushed to judgement on the issue without bothering to hear from the APC,
which made the promise in the first instance.
“Had the PDP not sacrificed the truth on the altar of political expediency, it would have realized that the APC never at any time indicated it has reneged on its promise to pay N5,000 monthly to 25 million most vulnerable Nigerians.
“In our press statement of 30 August, 2015, we still reiterated our plan to redeem our campaign promises, including the social security payment policy, despite the primitive looting of
the treasury under the watch of the PDP.
“It is therefore astonishing that the same PDP, which is becoming more and more infamous for its penchant for peddling
half truths and sensationalizing every issue, will rush to the press to celebrate the figment of its imagination that the APC will not fulfill its campaign promise regarding the payment,” it said.