PDP Demands Open Investigation Into Alleged N5.4trn Subsidy Payment

PDP Demands Open Investigation Into Alleged N5.4trn Subsidy Payment

by Ololade Adebeshin
0 comment 4 minutes read

PDP Demands Open Investigation Into Alleged N5.4trn Subsidy Payment


By People’s Voice Nigeria | News


The People’s Democratic Party (PDP) has called for open investigation into the alleged N5.4 trillion subsidy payment for 2024, by the All Progressives Congress (APC) led Federal Government.


PDP in a statement issued by the National Publicity Secretary, Debo Ologunagba, said the allegation confirmed that “the APC administration is a cesspit of corruption, lies and deceit.”


The party described as “callous”, the revelation by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, of secret payment for subsidy whereas Nigerians are buying fuel at very exorbitant price of over N800 per liter.


It added that the APC tried to divert public attention when the PDP earlier alerted of this fraudulent act in a statement on May 28.


“This revelation by Wale Edun after series of denials by APC leaders and government officials validates the axiom that no matter how long lies appear to thrive the truth, like the sun, will always prevail,” PDP stated.


The party said it is provocative and an act of extreme insensitivity that while the nation is suffering from grave infrastructure decay and millions of Nigerians subjected to hardship, “acute poverty, life of misery and utter despondency by the removal of subsidy without cushioning measures, a staggering N5.4 trillion, in the name of fuel subsidy, is reportedly being cornered by corrupt APC leaders.


“The deceit which is prevalent in the APC government is responsible for plunging Nigerians deeper into destitution with no hope in sight under the current administration.”


PDP said Nigerians deserves to know where was the N5.4 trillion being taken from, the agency of government responsible for the payment of the said fuel subsidy and to who.


It added that the people deserve to know the criteria used for payment, volume of fuel is being subsidised and at what cost.


The party wondered “why is petrol still selling exorbitantly even with the revelation of the continuing payment of fuel subsidy. These are questions that need to be answered.”


PDP said President Tinubu should immediately clear the air and come clean by personally addressing Nigerians and ordering a public enquiry into the reported N5.4 trillion fuel subsidy under his watch.


“President Tinubu should immediately review his economic team with a view to getting capable hands and checking the corruption prevalent in the administration.


“Mr. President must also review the economic policies of the administration that is strangulating the people. Recognising, accepting and reviewing a flawed economic policy is not weakness but courage. That is what define a leader at a time like this.


“President Tinubu should listen to the heartbeat of Nigerians. There is hunger and destitution in the land. The reaction of a hungry people is better imagined! Mr. President, please act now,” PDP further demanded.

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