The PDP has asked the National Assembly and Nigerians to stop President Muhammadu Buhari from borrowing $29.960b for the execution of key programmes and infrastructural projects across the country.Adeyeye spokesperson for the Senator Ahmed Makarfi-led faction of the party, said that President Buhari must itemise what he intends to finance with the proposed borrowing of almost $30b instead of lumping it up in a coded term, “and to plunge the nation’s future into burden of debt.”

Minister of Information, Culture and Tourism, Alhaji Lai Mohammed in June 2016 made public through a press statement, an account of recovered looted funds between May 2015 to May 2016 amounting to the sums of N78.3b, $185.1m, £3.5m and €11,250m in cash; while others were under interim forfeiture. What happened to the recovered funds?

“Or is it the same funds the EFCC and Department of State Services are planting in houses of opposition figures and Justices instead of channeling it into the economy?”

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