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Group blasts Buhari on empty treasury

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-Demands publication of Jonathan’s handover note

 

Move on Nigeria a political action group that promotes democracy and good governance has faulted recent claims by President Buhari that he inherited empty treasury from President Jonathan. In a statement released to the press in Lagos and signed by the National Coordinator, Mr. Clem Aguiyi the group described the statement as misleading and uncharitable and wondered why the APC government will continue to lie on virtually every issue.

 

Clem Aguiyi
Clem Aguiyi

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Mr. Aguiyi challenged the President to rise above partisan politics by making public the handover notes he received the same way President Jonathan publicized the PWC report on NNPC so that the world will know how empty the treasury is.

 

In faulting the claims made by President Buhari Mr. Aguiyi said the former administration as at May 29 left behind the sum of US$29billion in Foreign Reserve and $2bn in SWF, adding that the sum would have been higher if not the governors insistence led by then Gov. Rotimi Amaechi the factional Chairman of NGF and Buhari’s campaign DG on sharing the fund.

 

The group decried the desperation of the ruling party and the respected president to criminalize President Jonathan and paint him as a plunderer and looter of the nation’s treasury before the generality of Nigerians.

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It will be recalled that President Buhari reportedly said he inherited a virtually empty treasury and that it was adding a disgrace that Nigeria cannot pay salaries of its workforce.

 

Expressing his dismay over the President’s statement, Mr. Aguiyi described the claim as a blatant lie “unscientific and unfair”, stressing that the immediate past administration “left behind over US$30billion.” He called on Buhari to also tell Nigerians how much Jonathan inherited from the Yaradua administration and how much Yaradua inherited from the Obasanjo regime.

 

He said, “The APC government at the center today can’t tell us that there is no Excess Crude Account(ECA), Sovereign Wealth Fund(SWF) or are we saying the Federal Inland Revenue Service(FIR) and related agencies had not in the last one month been generating revenue?

 

“Until they are able to prove they had no receipts from these government agencies in the last one month before Nigerians can now buy into their frivolous claims of an empty treasury.”

 

He recalled that under the Jonathan’s administration, Nigeria was rated the largest economy in Africa and 26th largest in the world, querying how come such a government would leave behind an empty treasury.

 

He said “Money made by government is meant to be spent, and that was what the immediate past administration did responsibly.

 

Mr. Aguiyi also dismissed as fallacious the claim by the APC and their hirelings that Jonathan sold an oil block for $1.85bn and remitted only $100m. In dismissing the claim he said it is verifiable that the Jonathan’s administration did not sale a single oil bloc in its entire six years which put a lie to the allegation that he sold an oil block at all. The only oil bloc attended to by the administration was the block ceded to NPDC by NNPC. Being a government agency dealing with a sister agency , NPDC was mandated to pay book value of the bloc which they already begun to pay under Jonathan’s watch.

 

According to Mr. Aguiyi whatever debt incurred by the administration in its effort to safeguard the territorial integrity of Nigeria was justified because for six years Boko Haram tormented Nigeria which increased our defense and military spending yet under Jonathan, Nigeria became the largest Africa economy and 26th in the world amidst deadly security challenges and dwindling international prices of oil. In spite of all these, the FG never owed salary. He challenged President Buhari to name the Federal Agency where salaries are owed as at the date he became president.

 

The inability of some 22 states to pay salaries has nothing to do with President Jonathan as it is left for each state of the federation to set her priorities and manage her finances. President Jonathan was not a military Head of State and has no business controlling the purse of any state.

 

Instead of states under the control of APC to pursue the noble ideals of social order, the governors were busy collecting jumbo pays and allowances, huge security votes , buying private jets and accumulating debts beyond their capacity. Incidentally these were the same states that resisted every caution to save for the rainy day.

 

The government should do well to ask the governors what happened to the money they received from the Federation Account.

 

“Upon inception of Jonathan’s administration, it is on record that the price of oil at the global stage was over 100 dollars per barrel and at the close of the administration, it dropped to 46dollars. Yet, there wasn’t collapse of government and federal civil servants were paid as at when due.

 

“It will be misleading therefore for President Muhammadu Buhari and indeed the ruling APC to claim to have met an empty treasury.”

 

We insists that President Buhari should publish for public consumption and scrutiny Jonathan’s handover notes or better still face the job of presidency and quit using every excuse to attack and demonize his predecessor.

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