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Home News National News

PDP Accuses Buhari of Siphoning N1.2 billion Naira of Farmers Fund

Admin II by Admin II
December 20, 2018
in National News, News, Politics
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The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of plotting to defraud Nigerians through the extortion of N1.2 billion from poor beneficiaries of the Central Bank of Nigeria (CBN)’s Anchor Borrowers’ Programme, to fund Mr. President’s ill-fated 2019 re-election bid.

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This is just as the party has challenged the Buhari President to speak out on the alleged defrauding of Nigerians to the tune of N2.6 trillion through hidden illegal N48 tax per liter of petrol, which motorists in the country have been bearing since the fuel price increased from PDP subsidized cost of N87 to presumably unsubsidized cost of N145.

The PDP in a statement signed by its publicity secretary Kola Ologbodiyan condemns such acts of corruption, particularly the attempt by the Buhari Presidency to draw financial kickback from poor beneficiaries of the Anchor Borrower’s Programme, in violation with the Nation’s financial regulations.

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Information at our disposal also reveals that the Anchor Borrower’s scanadal is yet another scheme by the Buhari Presidency to siphon public funds and surreptitiously route same to Mr. President’s campaign.

To achieve this ignoble scheme, the Buhari Presidency led administration has shamelessly constituted a phony Anchor Borrowers Farmers’ Association, which they claimed has 12 million members, and through which they plan to siphon and launder money from public coffers to fund President Buhari’s campaign.

Our check reveals that no such association exists and that the membership figure is just a mirage , another fabrication and attempt at procurement of fake endorsement by the Buhari Presidency, to create an impression that Nigerians are supporting President Buhari and the APC.

Further investigation reveals how the Buhari Presidency has been secretly diverting huge part of various social intervention funds to the Buhari campaign while handing peanuts to Nigerians. This is in addition how agents of the Presidency carrying out APC’s vote buying project, particularly the Trader-moni scheme, have been illegally collecting 10 percent kickback from beneficiaries.

Now that Nigerians have refused to contribute to Mr. President’s re-election bid, due to his failure in office, the Buhari Presidency and the APC are seeking ways to legitimize their stealing of public funds to finance their campaign and service the wasteful lifestyles of their leaders.

The PDP challenges President Buhari to speak out and not continue to feign ignorance of these allegations bothering directly on corruption in his Presidency. He should know that keeping quiet will not help him. Nigerians have seen through the lies, deception and contrivances of his administration and are not ready to allow such to continue in 2019.

Culled from breaking

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