Ex Deputy Chairman, National Planning Commission
(NPC), Dr. Abubakar Olanrewaju Sulaiman, has accused President Muhammadu Buhari of lying for claiming that he inherited an ‘empty treasury’ from the immediate
past administration.
Suleiman, who was a federal minister disclosed that the
former administration under the leadership of Goodluck Jonathan left behind
US$30 billion.
The ex-minister strongly warned the Buhari government
against accusing Jonathan of milking the nation’s treasury dry.
Suleiman was reacting to a statement credited to President
during an interactive session with journalists in Abuja, where he was quoted as
saying that his government met “virtually an empty treasury.”
In a statement issued in Abuja on Tuesday, Sulieman
described the claim as “unscientific and unfair”, noting that the immediate
past administration “left behind close to US$30 billion.”
“Government can’t tell us that there is no Excess Crude
Account (ECA), Sovereign Wealth Fund (SWF) or are we saying the Federal Inland
Revenue Service (FIR) and related agencies had not in the last one month been
generating revenue?
“Until they are able to prove they had no receipts from
these government agencies in the last one month before Nigerians can now buy
into Mr. President’s claims of an empty treasury,” he said.
He recalled that under the Jonathan’s administration,
Nigeria was rated the largest economy in Africa and 26th largest in the world.
He said: “Money made by government is meant to be spent, and
this the immediate past administration did responsibly. Every government, even
in the so-called western world, including the U.S. which today remains one of
the largest debtor nations in the world, government operates on deficit.
“Is it on record that President Obama inherited US$3
trillion debt, a collapsed banking sector and mortgage industry, yet he never
raised any alarm. None of these has happened in Nigeria under Jonathan.
“Under Jonathan, Nigeria became the largest Africa economy
and 26th in the world amidst deadly security challenges and dwindling
international prices of oil. In spite of all these, the FG never owed salary.
“Upon inception of Jonathan’s administration, it is on
record that the price of oil at the global stage was over 100 dollars per
barrel and at the close of the administration, it dropped to 46 dollars. Yet,
there wasn’t collapse of government and federal civil servants were paid as at
and when due.

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