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China Loan: Fund 2016 Budget with the recovered loot – Fayose

5 Min Read

The Special Assistant to the Ekiti State Governor on Public Communications and New Media, Lere Olayinka has in a statement described the criticism of his boss by the All Progressives Congress, APC, national chairman, Chief Odigie Oyegun, deputy national chairman, Chief Segun Oni and others over the letter seeking to stop the $2 billion loan request by the Federal Republic of Nigeria from China as brazen display of political hypocrisy.

In the statement released on Monday, the Governor’s spokesman described the President’s non-signing of any loan agreement with the Chinese government as a proof of Fayose’s stand on the matter adding that: “what Nigeria needs is the collaboration of the Government of China in the area of technology transfer, rather than granting loan that will be mismanaged under the guise of building infrastructure.”

He maintained that: “people like Oyegun, Oni and Prof Itse Sagay lack moral rights to complain even if President Mohammadu Buhari is called whatever names because they never complained when as a sitting president, Dr Goodluck Jonathan was called unprintable names by APC stalwarts and leaders.”

He continued: “where were the likes of Oyegun, Oni, Prof Itse Sagay and others when APC promoted crude politics and anti-Nigeria posturing to an unprecedented level when Peoples Democratic Party (PDP) was in power?”

“It is on record that APC wrote to the United States of America not to sell arms to Nigeria, reported the country to the European Union, United Nations and went to the bizarre extent of reporting the then Chief of Army Staff, Azubuike Ihejirika, to the International Criminal Court (ICC), not for committing the kind of genocide committed against the Shiite Muslims in Zaria and Agatus in Benue, but for killing Boko Haram insurgents.

“On one occasion, a certain APC stalwart insinuated that Jonathan’s visit to Chad was to plan further attacks on the North, tweeting that; ‘Boko Haram: Jonathan visits Chadian President Idris Deby for the second time in two months, to plan further attacks?’

“It is also on record that instead of lending his voice to the Federal government efforts to dislodge Boko Haram insurgents, President Buhari opted to describe the clampdown on Boko Haram as injustice against the North. He went on to accuse the government of killing and destroying houses of Boko Haram insurgents while the Niger Delta militants were given special treatment by the government.

“Even when Oni was Ekiti State Governor as a PDP member, Action Congress (AC) as APC was then, wrote against his government move to obtain a N5 billion loan. Isn’t it then funny that because he is now in APC, the same Oni is now against Governor Fayose doing the same thing done against him by the APC elements in Ekiti State?

“Isn’t it also funny that in Oyegun, Oni, Sagay, others political dictionary of hypocrisy, it was right for APC stalwart to have reported the federal government to ICC but wrong for Fayose to have written to the Chinese government on the federal government’s plan to mortgage the future of Nigeria and its people?”

The Spokesman further added that since the Federal Government has claimed recovery and continuous recovery of loots from the country’s treasury running to trillions of Naira , there was no need to borrow extra amounts from anywhere in order to finance the 2016 budget.

“With the $200 billion they claimed is coming from Dubai, $700 million raw cash they said was found in Diezani Alison Madueke’s house, N3 trillion said to have been saved from the Treasury Single Account (TSA) and N4.5 trillion the Federal Inland Revenue Service (FIRS) said it will generate this year, what then is the rationale behind the federal government seeking any loan?” He questioned.

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