The Peoples Democratic Party (PDP) has said the over N700 billion released from the nation’s coffers as bailout to states and local governments across the country was saved in the Excess Crude Account by President Goodluck Jonathan’s administration.
The party said it believe the money will go a long way in alleviating the sufferings of the Nigerian workers in various states of the federation who have not received their salaries for months but stressed that the money was accumulated by the PDP led federal government and handed over to President Muhammadu Buhari of the All Progressives Congress (APC).
A statement by PDP national publicity secretary, Chief Olisa Metuh, Tuesday, said the release of the funds was a contradiction of the earlier impression given by President Buhari to Nigerians and the international community that they should not expect much from his administration in its first one hundred days because upon assumption of office, he met virtually an empty treasury.
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