The Peoples Democratic Party (PDP) has urged the National Assembly to investigate the widespread insecurity, alleged treasury looting, economic depression, violations and abuse of office since May 15, 2015 when President Muhammadu Buhari assumed office as Nigeria’s president.
The federal lawmakers were asked by the opposition party to begin the probe as soon as they resume proceedings on July 2, in order to protect the interest of millions of suffering Nigerians.
It said the National Assembly should use its powers under sections 88 and 89 of the 1999 Constitution (as amended) to recover within the last four years over “N14 trillion stolen by government officials and leaders of the All Progressives Congress (APC)”.
Stating this in a statement by Kola Ologbondiyan, its national spokesman, “The PDP holds that a legislative action has become imperative, as the Buhari Presidency has failed to give cogent explanation on the alleged looting of over N9 trillion through sleazy oil contracts as detailed in the leaked NNPC memo; a situation that directly points to officials culpability.
“Nigerians also want the National Assembly to investigate the issues surrounding the reported stealing of N1.1 trillion worth of crude oil using 18 unregistered companies, as well as the alleged looting of over N2.6 trillion in shady oil subsidy regime.
“The PDP urges the National Assembly to also investigate the alleged siphoning of $322m repatriated funds as well as the trillions of naira stolen under shady projects such as the ‘tradermoni’ project, among others.
“The party notes that only recently, the wife of Mr. President, Aisha Buhari, raised the alarm that over N500 billion meant for poverty alleviation under the APC-led government did not get to the designated beneficiaries.
“The PDP holds that the humongous looting under the Buhari administration is directly responsible for the economic hardship Nigerians have been subjected to in the last four years.”
The National Assembly should save the nation by recovering and channeling the stolen funds towards the welfare of Nigerians, while the culprits face the law, according to the party.