May 15, 2019

Press Statement

…Challenges Itse Sagay To Compile List

The Peoples Democratic Party (PDP) charges President Muhammadu Buhari
to, within 14 days, account for the humongous corruption and treasury
looting, under his watch, amounting to over N14 trillion, before the May
29 expiration date of the disastrous All Progressives Congress (APC)-led

The PDP insists that President Buhari must show his integrity by opening
up his tenure for investigation, the same way his Presidency is
demanding of other elected officials in the legislature and state
governments across the country.

The party charges the Chairman of the Presidential Advisory Committee on
Anti-corruption, Prof. Itse Sagay, to help the nation by advising
President Buhari to present his stewardship for investigation for
alleged corruption, instead of his (Sagay) unnecessary fixation on court
rulings on Rivers State.

The PDP notes that the Buhari-led APC administration is going down in
history as the most corrupt administration ever; a stinking sanctuary of
treasury thieves that thrives in manipulation, deception and official

It is totally unpardonable that President Buhari, despite his claimed
integrity and zero tolerance for corruption, not only superintended over
an administration that reeks and wallows in ocean of corruption but also
refused to allow any investigation into earth shaking corruption under
his watch.

The PDP therefore demands that the Buhari Presidency should order
investigation into the whereabouts of N9 trillion ($25billion) allegedly
stolen in his Ministry of Petroleum Resources, through under-hand oil
contracts as detailed in the leaked NNPC memo.

The Buhari Presidency should also explain the circumstances surrounding
the alleged corruption in the handling of the N2.6 trillion oil subsidy
regime, particularly the alleged N58 hidden tax per liter which
Nigerians have continued to bear since the fuel price increased from PDP
subsidized cost of N87 to presumably unsubsidized cost of N145 as well
as the reported stealing of N1.1 trillion worth of crude oil using 18
unregistered companies, allegedly linked to members of the cabal at the

The PDP challenges President Buhari to allow an investigation into the
alleged looting of over N40 billion Internally Displaced Persons (IDP)
funds; the over N45 billion allegedly looted from the National Health
Insurance Scheme (NHIS); the alleged siphoning of $322m repatriated
funds; the alleged extortion of N1.2 billion through the Central Bank of
Nigeria (CBN)’s Anchor Borrowers’ Programme, as well as the billions
stolen under the ‘tradermoni’ project, among others.

Unless Mr. President has something to hide, he should within the next 14
days, allow for an independent inquest into these allegations of
corruption .


Kola Ologbondiyan
National Publicity Secretary