APC senator blasts own party over N11trn loan, says PDP borrowed less in 16 years

The lawmaker representing Kogi West on the platform of the All
Progressives Congress, APC, Senator Dino Melaye has stated that
whereas the Peoples Democratic Party, PDP, borrowed N6trn in its 16
years in power, the federal government led by his party has borrowed
N11trn with three years.

Raising a Point of Order on the floor of the Senate on Wednesday, the
lawmaker disclosed that about $5.5bn was borrowed from euro bond,
wondering how the loan has been of benefit to the Nigerian youth.

Melaye said, "Also, N500bn was earmarked for the social investment
programme of the Federal Government, but we have not seen any impact."

"Without fear or favour, the Peoples Democratic Party, in 16 years,
borrowed N6tn and this government in three years, has borrowed N11tn
but there is no specific programme that will empower the youth."

DAILY POST recalls that Melaye had slammed the ruling APC for failing
to meet the expectations of Nigerians, adding, "I say this without
fear or favour. We have more complains in the APC and even in the
Presidency than service rendered. We cannot as a people continue like
this."

Also last month, the Kogi West senator asserted that, "Muhammadu
Buhari's name is not, will not and can never be immunity for any
governor. It is sad that he doesn't even know who Muhammadu Buhari
is."