President Muhammadu Buhari and his All Progressives Congress (APC) have been exposed by the Peoples Democratic Party (PDP).

PDP’s National Publicity Secretary, Kola Ologbondiyan, said;

“The PDP invites Nigerians to note how officials of the APC-led administration fraudulently sidestepped extant financial regulations and illegally resorted to cash disbursements, directly by a cabinet minister, instead of using the Central Bank of Nigeria (CBN) cash disbursement facility.”

“Such was part of the design to use few unsuspecting Nigerians to circumvent the system, muddle up financial documentation and accountability processes and facilitate the siphoning of a huge chunk of the palliative fund.”

“Such practice directly points to a fraudulent diversion of funds by APC leaders, who have been using the same template of the discredited social investment programmes, which had been exposed by the First Lady, Aisha Buhari, as a fraud, when she, last year, revealed that the N500bn Social Investment Programme of the Buhari administration was not getting to the target beneficiaries.”

“More embarrassing is the duplicitous inclusion of the scandalous school feeding programme as an expenditure line even when schools are closed following the social distancing directives; an alarming development that points to the level of corruption in the APC administration.”

“Nigerians can now see how the APC-led administration has been using the names of poor Nigerians to loot our national treasury and fritter away billions of naira to finance their wasteful lifestyle while the majority of citizens are in hardship and abject poverty.”

“This explains why the APC-led administration has refused to open up on the handling of palliative funds despite huge allegations of fraud and diversion.”

“APC leaders are falling over themselves and stampeding the National Assembly for anticipatory approval of N500 billion for yet to be itemized social palliative measures.”