By Tony Edike
ENUGUâ€”THE Congress for Progressive Change, CPC, yesterday, said that the ruling Peoples Democratic Party, PDP has run out ofÂ ideas onÂ how best to tackle the numerous problems ofÂ the country, adding that the only new skill the party had acquired was the ability to plunder the nationâ€™s oil revenue, excess crude, customs duties and tax receipts.
Insisting that the PDP should be held responsible for the collapse of the countryâ€™s democracy,Â CPC which was recently formed by General Muhammadu BuhariÂ and his supporters, who pulled out of the All Nigeria Peoples Party, ANPP, decried the frequent sharing of oil revenue and excess crude by the leadership.
They noted that the sharing had gone on in the last ten years without any concrete infrastructure on ground to justify receipt of such resources in the country.
Speaking in Enugu, while announcing the mass resignation of over 5,000 members from the ANPP in the state to the CPC, the partyâ€™s Convener and National Publicity Secretary of CNPP, Mr. Osita Okechukwu said that Nigeria under the PDP remains the only country in the world where resources were not ploughed back for solid investment and development or saved for rainy days.
He said that excess crude earning that stood at over $20billion few years ago, hadÂ dropped to about $4.25billion, even without investments from it that could yield further revenue to the country.
He said, â€œwe are saying that the resources within the federation requires that the State and Federal Governments should embark on concrete infrastructural development and stop waiting for manna from heaven because between 1999 and 2008, the collective oil receipt going by the Accountant General of the Federation report is N31 trillion and there is nothing on ground to show for that moneyâ€.