New PDP Dares Presidency To Account For Missing $5billion

The New Peoples Democratic Party (nPDP) has challenged the Federal Government to account for the $5bn which, according to reports, allegedly disappeared from the nation’s Excess Crude Account (ECA).

The party threw the challenge after a careful study of the disclosure made by the Chairman, Nigeria Governors’ Forum (NGF), Rt. Hon. Chibuike Rotimi Amaechi, while declaring open the second annual retreat of the NGF on 15th November, 2013, in Sokoto.

“We consider this development too weighty to be swept under the carpet in view of the stature of the person making the allegation and the realities on ground. For all intents and purposes, Governor Amaechi is not a frivolous person and is not known for making frivolous claims. 

"We told Nigerians about the poor handling of our common patrimony by this administration and sadly nobody took us seriously as today, the unmistakable evidence is that Nigeria is broke as the Federal Government now finds it difficult to meet its obligations to states, local governments and contractors.”

According to Governor Amaechi, the Excess Crude Account stood at $9 billion last January but has shrunk to only $4 billion as at today.

The nPDP in a statement in Abuja on Sunday by its National Publicist, Eze Chukwuemeka Eze, commended the NGF Chairman for bringing the matter to the open and hereby challenges the Federal Government to come forward and tell Nigerians what it did with the missing $5bn.

The splinter PDP challenged the anti-graft agencies to prove their relevance by unearthing the whereabouts of the huge sum of money.

“This administration is running for a price award as the most corrupt government in the annals of governance in Nigeria is not in doubt but we urge Nigerians to heed the advice of the NGF and stop being docile in the face of monumental impunity in the country. This, in reality, is the only way to rescue Nigeria from the path of doom” the statement concluded.