NewsPresident Buhari's Plea For Debt Cancellation At UNGA Shameful – PDP

President Buhari’s Plea For Debt Cancellation At UNGA Shameful – PDP

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By Ayodele Oni

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The People’s Democratic Party, (PDP), in Ondo State has said that President Mohammadu Buhari’s speech at the United Nations General Assembly, (UNGA) was full of deceit.

Spokesman of the party in the state, Mr Kennedy Peretei in a statement on Friday, pointed out that the reality is that the Government of the day has led the country into a huge debts, which is an embarrassment to the nation, especially when his counterpart Joe Biden of the United States is announcing billions to assist his  nation.

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”It is indeed a great embarrassment that President Muhammadu Buhari went to 77th UN General Assembly to talk about debt cancellation, while Joe Biden announced a $2.9 billion assistance from the US government to address global food insecurity. This was in addition to $6.9 billion already committed to same this year.

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“It is all the more shameful because former President Olusegun Obasanjo had taken Nigeria out of debt burden from Western powers.

“The incumbent administration of Buhari in its cluelessness, has dragged this country into debts that run into trillions of naira. Debts our grandchildren may be unable to pay.

“Unfortunately, there are no projects that can be pointed to for this massive borrowing for which he is now calling for cancellation.

“Does Buhari feel the countries he is borrowing from do not know that the monies, so borrowed only go down the drain of corruption? So who will cancel such senseless debts?”

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On the promise of the President to ensure free and fair poll next year, PDP observed that “In the last few appearances of President Buhari, he has been talking about holding free and fair elections.

“As far as l am concerned, that is the only way to save the little that is remaining of his badly battered reputation.

“If he succeeds to deliver credible elections, Nigerians can start the rebuilding of our country. It is clear, he lacks the capacity to deliver on all his previous promises from economy to unemployment, to insecurity and education.

“But if he does not muddle up 2023, we can reset our country from that point.”

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