Connect with us

News

Mutfwang’s N15 Billion Loan: Plateau APC Raises Alarm

editor

Published

on

Caleb Mutfwang

The Plateau State chapter of the All Progressives Congress (APC) has raised serious objections to the recent approval of a N15 billion loan by the Plateau State House of Assembly. The loan request, made by Governor Caleb Mutfwang, was granted in less than three weeks since the start of the People’s Democratic Party (PDP) administration in the state.

As a critical stakeholder in the Plateau project, the APC believes that this loan acquisition reflects the desperate and hasty nature of the PDP administration, which has shown little regard for due process and accountability.

The APC emphasizes that the two-thirds majority enjoyed by the Plateau State House of Assembly should not be seen as a license for recklessness and arbitrariness. If left unchecked, the state could face even more turbulent days ahead.

The reasons given for the loan are deemed unconvincing and untenable by the APC. Reports suggest that the funds will be allocated for recurrent purposes, such as salary payments and the purchase of fertilizer. The government claims that this loan is intended to demonstrate its concern for the welfare of striking workers and the farming community in the state.

However, the APC sees this as a mere facade and an attempt to deceive the people. The party argues that instead of installing Interim Administrators in the local governments to serve as conduits, the government has opted for the N15 billion loan to fulfill its extra-budgetary commitments.

According to the APC, government is a continuum, and the previous administration had already made adequate budgetary provisions for essential expenditures like workers’ salaries and fertilizers, considering the agrarian nature of Plateau State.

The approval of this N15 billion loan is particularly alarming because it violates the clearly outlined steps for loan acquisition as specified in the Plateau State Debt Management Law, which has not been repealed. These steps include the State Debt Management Advisory Committee’s discussion on the purpose and necessity of the loan for the state.

The APC highlights the importance of following due process and not operating as if under a military junta where decisions are made arbitrarily. For a loan of such magnitude, it is mandatory for the State Executive Council to approve it before submitting it to the House of Assembly for deliberation.

Furthermore, the approvals from the State Executive Council and the House of Assembly should be forwarded to the Ministry of Finance and the Debt Management Department for further processing, including seeking approval from the Debt Management Office and the Minister of Finance through the raising of an Irrevocable Standing Payment Order (ISPO).

The APC raises several important questions, including whether a State Executive Council is presently constituted in the state and if the Debt Management Advisory Committee has been established to discuss the loan based on the law. Additionally, concerns are raised about the state’s debt position in the future, considering the rapid acquisition of N15 billion within just three weeks, potentially leading to a debt of N720 billion in four years.

The APC questions why the same government that complains about a debt profile of N200 billion, which they misleadingly attribute to the immediate past administration, is eager to accumulate another substantial loan.

The APC concludes by urging the governor to exercise caution and be wary of certain advisers appointed to oversee critical institutions, such as the House of Assembly. The party suggests that immediate attention should be given to addressing pressing issues, particularly security, as the people of the state are continuously being killed and displaced by heartless murderers

Continue Reading
Click to comment

Leave a Reply

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

News

Abia voters lament as INEC officials abandon PVC collection centres

info

Published

on

Abia State 1mk.jpg

Eligible voters in Umuahia, Abia State, have expressed anger and disappointment after failing to collect their Permanent Voter Cards (PVCs) on the first day of the nationwide collection exercise.

The voters accused officials of the Independent National Electoral Commission (INEC) of abandoning designated collection centres before the scheduled closing time, despite the importance of obtaining the cards ahead of the 2027 general elections.

According to Vanguard, no INEC officials were present at Ugba Primary School, Umuahia, when its correspondent visited around 2pm on Friday.

A similar situation was observed at School Road Primary School at about 2:42pm, where no electoral officials were seen. Enquiries indicated that the officials who had earlier arrived for the exercise had already left.

Recommended

One of the affected voters, Innocent Odoenelam, a resident of World Bank Housing Estate, Umuahia, said he rushed to the centre after hearing a radio announcement that the PVCs were ready for collection, only to discover that officials had closed for the day.

Odoenelam, who arrived at about 2:30pm, described the experience as discouraging, particularly because the official closing time was 3pm.

He urged INEC to ensure that its personnel remain at designated centres throughout the stipulated collection hours, warning that difficulties in registering and collecting PVCs could discourage eligible citizens from participating in elections.

“I feel heavily disappointed because I left a lot of things I should be doing to rush down here to pick up my PVC. I feel discouraged,” he said.

Despite his frustration, Odoenelam vowed to return on Monday, insisting that he remained determined to vote.

Another voter, Francis Egwuibe, said he visited the collection centre as early as 8:30am but left after waiting beyond 9am without seeing any INEC official.

He explained that he returned in the afternoon, hoping to collect his PVC, only to discover that the officials had left.

While speaking to newsmen, Egwuibe questioned why electoral personnel could not remain at the centres throughout the announced collection period, considering the time and transportation costs incurred by voters.

He also called on INEC to properly educate its staff about their responsibilities, alleging that the situation raised concerns about the conduct of the exercise.

Similarly, a female voter, Chioma Njoku, accused the commission of treating prospective voters as though they had no value.

She warned that such experiences could discourage citizens who were willing to participate in the electoral process.

The affected voters called on INEC to improve its arrangements and ensure that eligible citizens could collect their PVCs without unnecessary difficulties.

When contacted, INEC’s spokesperson in Abia State, Victor Abraham, promised to respond after making the necessary enquiries.

Continue Reading

News

Many politicians Tinubu supported abandoned him in 2023 – APC Chairman Yilwatda 

info

Published

on

The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, has said that many politicians whom President Bola Tinubu supported over the years withdrew their backing when he declared his intention to contest the presidency in 2023.

Yilwatda spoke on Friday at the party’s national secretariat in Abuja while welcoming members of opposition parties from Sokoto, Kaduna, Jigawa, Kano and Plateau states who defected to the APC.

He said Tinubu had supported several politicians from the North and South before seeking the presidency, but many of them abandoned him when he needed their support.

“President Bola Ahmed Tinubu has always supported northern politicians because he believes in the unity of Nigeria,” Yilwatda said.

Recommended

He cited Tinubu’s support for Atiku Abubakar in 2007, when the latter contested the presidency, and Nuhu Ribadu, who ran under the Action Congress of Nigeria in 2011.

Yilwatda also recalled Tinubu’s support for former President Muhammadu Buhari in 2015 and 2019.

“He has consistently worked to bring politicians together and promote unity across the country,” Yilwatda said.

According to him, Tinubu stood by Buhari even when some northern political leaders withdrew their support.

Yilwatda urged the new APC members to support Tinubu and his administration’s Renewed Hope Agenda, describing their defection as a sign of confidence in the President.

He also defended Tinubu’s performance in the North, listing the Abuja–Kaduna–Kano road, the Kano–Maiduguri road and rail projects among the infrastructure initiatives he said were being pursued by the Federal Government.

The APC chairman criticised opposition politicians for questioning Tinubu’s achievements in the region, insisting that the administration had invested in infrastructure across the country.

He also challenged opposition proposals, including a promised N500-per-litre fuel discount, arguing that the plan would cost about N20 trillion annually.

“How can you promise what you do not have when about 60 per cent of our oil production is tied to joint ventures, where the Federal Government owns only part of the production?” Yilwatda said.

He further accused former Vice-President Atiku Abubakar of selling public assets below their construction costs during the privatisation exercise.

Continue Reading

Trending