Atiku Rebukes Buhari On Poor Economic Management

Peoples Democratic Party, PDP presidential candidate, Atiku Abubakar Sunday flayed what he described as the profligacy of the Muhammadu Buhari administration as seen in donation of $500,000 to Guinea Bissau and the stockpiling of the country’s external debts.

The presidential candidate in a statement issued by his campaign on Sunday said that it was illogical for the country to be borrowing money and at the same time being profligate with the country’s resources in dashing out money to other countries.

The statement read thus:

“Recently, we had cause to counsel the Buhari administration to be more prudent with national resources after the government declared its intention to sell national assets built by previous administrations to fund their business as usual 2019 budget.

“Apparently, rather than give heed to our pro bono patriotic advise, the Buhari administration is persisting in the financial profligacy that has seen them destroy a once thriving economy.

In the latest instance, the Buhari government has announced that it is making a $500,000 donation to Guinea Bissau, along with other material donations.

“Our response is to ask why a nation that has been officially named as the world headquarters for extreme poverty, will donate her resources to others instead of using them to solve pressing domestic problems?

“This is the same government that is so cash strapped that it has so far borrowed ₦13 trillion in 3 years putting our economy in even greater peril. How prudent is it to go about taking loans from whomsoever cares to lend you money and then turn around to give out those same monies even when your own people are suffering the worst forms of poverty they have ever endured?

“We call on the Buhari administration to cut their coat according to their cloth. These huge loans they are collecting, only to squander it, will be repaid by future generations and limit the nation’s ability to invest in projects that will Get Nigeria Working Again.

“There are over a million Internally Displaced Persons in Nigeria. If you cannot adequately support your own people in dire need, what is the wisdom in crossing borders to support others?

“We have the moral authority to question this administration’s profligacy and imprudence, because Atiku Abubakar, presidential candidate of the PDP was part of an administration that paid off Nigeria’s entire foreign debt. We are therefore concerned to see this government piling on debt and then squandering it away without any consideration for the needs of her own people.”

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