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PDP raises alarm over alleged plot by Presidency to siphon N1.2bn farmers’ fund

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By Dirisu Yakubu
ABUJA—
 Peoples Democratic Party, PDP, has accused President Muhammadu Buhari and All Progressives Congress, APC, of plotting to fleece Nigerians through the extortion of N1.2 billion from poor beneficiaries of Central Bank of Nigeria, CBN’s Anchor Borrowers’ Programme, to fund the President  2019 re-election bid.

The party has, therefore,  challenged the Buhari Presidency to clear the air  on the alleged fleecing of Nigerians to the tune of N2.6 trillion through hidden illegal N48 tax per litre of petrol, which motorists in the country have been bearing since the fuel price increased from subsidized cost of N87 to presumably unsubsidized cost of N145.

In a statement, yesterday, by National Publicity Secretary, Kola Ologbondiyan, PDP urged Nigerians to take their President to task on why they should re-elect him in 2019.

The party said: “Information at our disposal also reveals that the Anchor Borrower’s scandal is yet another scheme by the Presidency to siphon public funds and surreptitiously route same to Mr. President’s campaign.

“To achieve this ignoble scheme, the Presidency and the APC shamefully constituted a phony Anchor Borrowers Farmers’ Association, which they claimed has 12 million members, and through which they plan to siphon and launder money from public coffers to fund President Buhari’s campaign.”

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“Our check reveals that no such association exists and that the membership figure is just a ruse, another fabrication and attempt at procurement of fake endorsement by the Presidency, to create the impression that Nigerians are supporting President Buhari and the APC.

“Further investigation reveals how the Presidency has been secretly diverting huge part of various social intervention funds to the Buhari campaign while handing paltry sums to Nigerians. This is in addition to agents of the Presidency carrying out APC’s vote buying project, particularly the Trader-moni scheme, have been illegally collecting 10 percent kickback from beneficiaries.”

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