What Did You Do With ₦167 Trillion You Borrowed? – Melaye Blasts Tinubu

Former Kogi West Senator, Dino Melaye, has questioned the Federal Government’s borrowing record, comparing it to that of former President Muhammadu Buhari.

.....

According to him, Nigeria’s debt profile has risen significantly despite the removal of fuel subsidies.

He stated this in Abuja at a press conference by the National Forum of Legislators in the African Democratic Congress (ADC).

Melaye argued that despite the removal of  subsidy, Tinubu has borrowed ₦167 trillion in 3 years, compared to his predecessor, who borrowed ₦87 trillion in eight years

He said: “With subsidy, Buhari borrowed ₦87 trillion in eight years, without subsidy, Tinubu so far in three years borrowed ₦167 trillion. I want anybody to show me what we have done with that money, this is the first time in the history of the world where a $13 billion infrastructure project which is the highest in the history of Africa was awarded without bidding.”

He also lamented that President Bola Tinubu does not care about the state of the nation.

Addressing the surge in insecurity in the country, he declared, “Tinubu doesn’t care, and the whole world is watching to see what they will do.”

Speaking further, he stated that the ADC would continue to scare Tinubu because he doesn’t care about Nigeria’s deteriorating state.

Melaye also alleged irregularities in the award of a major infrastructure contract, claiming it was granted without competitive bidding.

The former senator accused the President of inappropriate conduct regarding national honours and judicial matters.

“It was awarded to Tinubu’s Lebanese friend, the same Lebanese friend that Tinubu carried our highest national honour, exclusively reserved for the vice president of Nigeria, GCON, put it in a briefcase and exported it to Paris to decorate a business partner.

“This is not the Nigeria that Awolowo dreamed of, this is not the Nigeria that Azikiwe spoke of, this is not the Nigeria that Sardauna Ahmadu Bello laboured for, really may the labour of our heros past never be in vein.

“A few days ago, Mr President prompted the judiciary because he called our convention illegal, so he has constituted himself to being a court, he has the power to decide what is legal and illegal for a matter that is pending in court.

“And as at today, no court in Nigeria has pronounced our court as illegal but addressing his coordinators he was giving a body language as signal to the judiciary by addressing our convention as illegal, that is prompting the judiciary and it’s very unpresidential. Only someone with arthritis of the brain will react in such a manner.

“To show desperation and show that he’s confused, he told us that we want to scare him and for saying that we want to scare him shows that he’s already scared and really we are going to scare him, we will continue to scare him,” Melaye added.