Home BUSINESS We’ll Recoup Alleged Missing N30 Trillion To Boost Electricity, APC Vows

We’ll Recoup Alleged Missing N30 Trillion To Boost Electricity, APC Vows

Financial Minister, Okonjo Iweala
Financial Minister, Okonjo Iweala

All Progressives Congress (APC) Presidential Organization has said that the government of General Muhammadu Buhari will make the current Minister of Finance and Coordinating Minister of the Economy, Mrs. Ngozi Okonjo-Iweala to explain the circumstances leading to the alleged missing N30 trillion under her watch. The allegation was recently made against her by the former Central Bank Governor, Professor Chukwuma Soludo.
In a statement in Abuja today by its Director of Media and Publicity, Mallam Garba Shehu, APC Presidential campaign organization promised that the monies would be recouped to fund some of the initiatives of an APC administration.
“Thirty Trillion Naira will fund the generation of 22,000 megawatts of electricity, which is well in excess of the current national power demand of 15,000 megawatts, among other pressing needs.”
The APC condemned the blanket of secrecy surrounding the transactions that led to the wanton waste of the country’s scarce resources under the Jonathan administration, adding that General Buhari, if given the mandate to pilot the affairs of the country, will wage an unrelenting battle against corruption and wastages in the system.
The party advised Okonjo-Iweala to speak up on this allegation of epic proportion, saying: “she has the responsibility to give an account of the management of the nation’s resources under her watch.
“It is not enough for Okonjo-Iweala to boast of rebasing the economy and declaring it the largest in Africa, without a concurrent reduction in poverty and unemployment or infrastructure development in the country.
“It is ironic that rather than tackle the accusation from Soludo, the Finance Minister has been canvassing a stance in the media that Nigerians should brace up for a hard time to come as the economy is nose-diving.
“Only last year, the workforce of several MDAs could not receive their salaries to celebrate the Yuletide season due to government inefficiency. A recent African Union report also alleges that billions of Naira is illicitly taken out of our economy annually. [myad]

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