ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Why PDP Governors Want Nigerians to ‘Reject  APC’

by NationalInsight
March 24, 2022
in Featured, Politics
Reading Time: 6min read
0
Give Us Another Chance, PDP Begs Abia People

PDP

3
SHARES
515
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The PDP Governors’ Forum has urged Nigerians to reject the All Progressives Congress (APC), saying it is impossible for a party so “disorganised” to offer good governance to the people of Nigeria.

The governors’ appeal was contained in a communique after their meeting in Abia State on Wednesday.

The party  reviewed the “excruciating hardship and suffering being meted out to Nigerians by a failed APC-led Federal Government; the near collapse of the APC as a viable political party, and the readiness of the PDP to take over and offer qualitative leadership options to rescue the nation.

 

You might also like

US Confirms Airstrikes on ISIS Targets in Northwest Nigeria

Olaosebikan Rejects Appointment into Oyo PDP Caretaker Committee by Wike Faction

Mogaji Adanla Hails Makinde at 58, Applauds Governor’s Leadership, Development Legacy

Load More

In attendance were: Governor. Aminu Waziri Tambuwal of Sokoto State (Chairman), Governor Okezie Ikpeazu, Abia State (Vice Chairman), Governor Ahmadu Umaru Fintiri of Adamawa State, Governor Udom Emmanuel of Akwa Ibom State, Governor Bala Mohammed of Bauchi State, Governor of Bayelsa State, Sen. Douye Diri, Governor of Benue, Samuel Ortom, Governor of Delta, Dr. Ifeanyi Okowa, Governor of Edo, Godwin Obaseki, Governor of Enugu, Ifeanyi Ugwuanyi, Governor of Oyo, Oluseyi Abiodun Makinde, Governor of Rivers, Nyesom Wike, and Deputy Governor of Taraba State, Hon Haruna Manu.

 

 

They issued the following Communique:

 

  1. We lament the terrible pain and hardship facing Nigerians in virtually all aspects of life. The meeting noted that life was much better in 2015 under the PDP than today under the APC as exemplified in the following Comparative Indicators obtained mainly from the National Bureau of Statistics:

 

  1. Diesel which is critical for running of SMEs was N131.47 in 2015, it now costs above N700
  2. Fuel: Official and Black-Market was N87/155 in 2015, it now costs N167/350.
  3. Aviation Fuel/Air Ticket Rate on Domestic Flights was N110 per Litre/N18,000 in 2015, it now hovers around N700 per Litre/N70,000, where available. Indeed, the scarcity of fuel which has resulted in loss of several man hours is a disgrace to Nigeria.
  4. The collapse of the National Grid (126 times in 7 years – (June 2015 to March 2022) and its consequences for non-availability of power is most unfortunate.
  5. Kerosene (NHK) used by the ordinary Nigerian for cooking and power was N180 in 2015, it now sells at ₦450.
  6. Liquefied Petroleum Gas (LPG) – 12.5kg Cylinder sold for N2,400 in 2015, is now sold at between N8,750 and N10, 000.
  7. Prices of basic food stuffs are now three times higher than what they used to be in 2015. Staple foods such as rice, beans, cassava flakes are now slipping out of the hands of average Nigerians. Indeed, a Bag of Rice sold for N8500 in 2015 is now N39,000.
  8. Electricity was N14.23 per kilowatt in 2015, it is now N38.530, and not even available.
  9. Unemployment rate was 11.4% in 2015, it is now over 33%, one the highest in the world.
  10. The poverty rate in 2015 was 11.3% but now about 42.8%.
  11. Accumulated Inflation in 2015 was about 4%, it is now 15.50%; Inflation Rate was 9.01% in 2015 and now 15.7%.
  12. Perhaps the Exchange Rate has been one of the most disastrous. N150 to a dollar was the parallel market (patronised by most businessmen and Nigerians) rate in 2015, it is now about N580 to $1 in the parrel market and still rising.
  13. Debt and Debt Servicing:
ALSO READ  APC leader Segun Oni harps on all inclusive party

Domestic Debt of N8.4T and External Debt of USD 7.3b was incurred between 1999-2015.

While Domestic Debt of N7.63T (June 2015-Dec 2020) and USD28.57b as at Dec 2020 was incurred. External debt of USD21.27b was incurred between June 2015 and 2021.

  1. National Debt to GDP Ratio was 23.41% (2016) it is now 36.88% (2022).
  2. The Corruption Index has risen from 136 in 2015 to 150 now.
  3. Nigeria’s Misery Index, an indicator used in determining how economically well off the citizens of a country are, is usually calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate, has moved from 14.75 percent in 2015 to 50.48 (2021).
  4. The major threat to the agricultural sector and food security in Nigeria is insecurity. In the northeast of Nigeria, it is estimated that no fewer than 70,000 hectares of arable farmland have been abandoned in the affected States and Local Government areas. The trend is the same all over the country. This further contributes to food inflation. The APC led Federal Government must take steps to cooperate with States to bring security down to the grassroots.
  5. The Forum is surprised that in the face of these statistics of complete failure in all ramifications and areas, the APC still wants to be on the ballot in 2023.

This shows how uncaring and insensitive the APC is. IT HAS BECOME A MENACE TO NIGERIA.

  1. The Forum urges Nigerians to reject the APC, a party run undemocratically by a Committee contrary to the Constitution (S.228) with Mr. President regularly issuing instructions and dictates. It is impossible for a party so disorganized to offer good governance to the people of Nigeria.
  2. The meeting expressed concern and alarm over various reports and claims of incidents of stealing of crude oil ranging from 80% to 95% of production made by industry practitioners and called on the Federal Government to set up an appropriate mechanism to reverse this trend and bring perpetrators to account.
  3. The PDP Governors once again decried the inability of the NNPC to make its statutory contributions to the Federation Account, inspite of Oil selling at above $110. It is patently unconstitutional for NNPC to determine at its whim and discretion when and what to pay to the Federation Account, as it is a mere trustee of the funds for the three tiers of Government: Federal, States and Local Governments. We once again, call for investigations and audit of the quantity of consumption of fuel ascribed to Nigerians and for deployment of technology at the filling stations to determine in a transparent manner the volume of consumption.
ALSO READ  Coalition of Youth organization  Celebrate Asiwaju Bola Tinubu's 71th Birthday, Plan Nationwide Victory Party

The Governors would resist any further attempt by NNPC to ascribe unsubstantiated subsidy claims to other tiers of government.

  1. Furthermore, S.162 (1) of the 1999 Constitution of the Federal Republic of Nigeria as amended stipulates that “The Federation shall maintain a special account to be called “the Federation Account” into which shall be paid all revenues collected by the Government of the Federation…” and S.162 (10) states that “For the purpose of subsection (1) of this section, “revenue” means any income or return accruing to or derived by the Government of the Federation from any source and includes –

(a) any receipt, however described, arising from the operation of any law;

(b) any return, however described, arising from or in respect of any property held by the Government of the Federation;

(c) any return by way of interest on loans and dividends in respect of shares or interest held by the Government of the Federation in any company or statutory body”

  1. As of today, 18 (Eighteen) Federation Revenue Agencies are not paying/remitting any revenue to the FAAC Account. These include (i) Central Bank of Nigeria (ii) Nigeria Maritime Administration and Safety Agency (NIMASA) (iii) Nigeria Liquefied National Gas (NLNG) (iv) Nigeria Communication Commission (NCC) (v) Economic and Financial Crimes Commission (EFCC) (vi) NPA (vii) Security and Exchange Commission etc

(b) FIRS and DPR takes cost of collection of 4% (Four percent) of Revenue collected while Customs collects 7%. In March 2022 for instance, FIRS took N15.4Billion as cost of collection and Customs took N8.4b. If these are annualised, FIRS and Customs collects about N1.84Billion and Customs N100B per annum. Obviously, some states of the Federation’s capital budget does not come close to these.

ALSO READ  2019, S'West APC Governors, Tinubu Akande Osoba Others Closed Ranks

(c) Nigeria Federation has 49% shareholding in NLNG. According to the Minister of Finance during the 2020 budget performance brief at the National Assembly stated that the federation received dividend of N144billion (One Hundred and Forty Four Billion) from NLNG. These figure to the best of our knowledge was never paid into the Federation Account.

(d)) NNPC deducts N8.33Billion monthly for the rehabilitation of the Refineries in Nigeria. Till date no refinery is working.

(e) On priority projects of the Nation’s oil industry, NNPC deducted N788.78Billion for various investments between 2018-2021 without recourse to FAAC.

(f) NNPC in 2021 alone claimed to have paid over One Trillion Naira as petroleum subsidy. Indeed, the month of March 2022, N220Billion was deducted as oil subsidy with a promise that N328Billion will be deducted in April 2022. This is unacceptable.

(g) NNPC and FIRS as well as other remitting Agencies continue to apply an exchange rate of N389/$1 as against the Import and Export window of N416/$1. The extent of this leakage can be better felt, if this rate is compared to the current N570/$1.

(h) From available records about N7.6T is withheld between 2012 and 2021, by NNPC from the Federation Account. All these are said to be payments for oil subsidy.

(i) Conclusively, we believe that all these leakages in NNPC have been made possible because the President is also the Minister of Petroleum. The urgent separation of these two portfolios have become necessary

 

  1. The Forum noted the approval by the PDP NEC of the Time Table and Timelines for Congresses and Convention of the Party and urged all party members and party leadership to remain focused and united to win power in 2023, to tackle the myriads of problems facing the country.
  2. The PDP Governors congratulated the host, His Excellency, Governor Okezie Ikpeazu, the PDP Governors’ Forum Vice Chairman, for his generosity and hospitality in the hosting of the meeting.

 

 

author avatar
NationalInsight
See Full Bio
Tags: Abia State (Vice Chairman)ABUJAAminu Waziri Tambuwal of Sokoto State (Chairman)and Deputy Governor of Taraba StateAPCDr. Ifeanyi OkowaGodwin ObasekiGovernor Ahmadu Umaru Fintiri of Adamawa StateGovernor Bala Mohammed of Bauchi StateGovernor of Bayelsa StateGovernor of BenueGovernor of DeltaGovernor of EdoGovernor of EnuguGovernor of OyoGovernor of RiversGovernor Okezie IkpeazuGovernor Udom Emmanuel of Akwa Ibom StateHon Haruna Manu.Ifeanyi UgwuanyiNyesom WikeOluseyi Abiodun MakindePDPSamuel OrtomSen. Douye Diri
Share16Tweet10Send
Previous Post

Lagos-Ibadan Expressway,2nd Niger Bridge Will Be Completed By The End of 2022- Fashola

Next Post

Fayemi’s Aide Resigns, Declares Support for Segun Oni

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

US Confirms Airstrikes on ISIS Targets in Northwest Nigeria

by NationalInsight
December 26, 2025
12
Hon. Oyewole Olaosebikan,
Featured

Olaosebikan Rejects Appointment into Oyo PDP Caretaker Committee by Wike Faction

by NationalInsight
December 25, 2025
226
#image_title
Featured

Mogaji Adanla Hails Makinde at 58, Applauds Governor’s Leadership, Development Legacy

by NationalInsight
December 25, 2025
219
#image_title
Featured

Wolekanle Felicitates Gov. Makinde at 58, Christians at Christmas

by NationalInsight
December 25, 2025
121
#image_title
Featured

Happy Birthday To A Visionary Leader – Oyo Assembly Lawmaker Waheed Akintayo ‘Ilumoka’ Eulogizes Gov. Seyi Makinde @58

by NationalInsight
December 25, 2025
220
Next Post
Kupolati with Some SDP Leaders   when he declared for the party

Fayemi's Aide Resigns, Declares Support for Segun Oni

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

#image_title

US Confirms Airstrikes on ISIS Targets in Northwest Nigeria

December 26, 2025
12
Hon. Oyewole Olaosebikan,

Olaosebikan Rejects Appointment into Oyo PDP Caretaker Committee by Wike Faction

December 25, 2025
226
#image_title

Mogaji Adanla Hails Makinde at 58, Applauds Governor’s Leadership, Development Legacy

December 25, 2025
219
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • US Confirms Airstrikes on ISIS Targets in Northwest Nigeria
  • Olaosebikan Rejects Appointment into Oyo PDP Caretaker Committee by Wike Faction
  • Mogaji Adanla Hails Makinde at 58, Applauds Governor’s Leadership, Development Legacy

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com