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Friday, 7 February 2014

NNPC Has Now Been Converted Into FG’s ATM – Tinubu

Former Lagos State Governor and

National Leader of the All

Progressives Congress (APC),

Asiwaju Bola Ahmed Tinubu, has

described the Jonathan

administration as one that routinely

abuses power and manipulates the

people.

Speaking as after-dinner speaker and

special guest of honor at the NG

Annual Dinner at the Muson Centre in

Lagos on Thursday, Tinubu drew a

distinction between the PDP and the

APC, saying the Jonathan PDP

government was spinning recklessly

out of control in terms of spending,

corruption in the oil sector and other

slush funds channelled through

government programmes to fill the

pockets of party loyalists.

Tinubu said Nigerians are yet to get a

satisfactory explanation on the

400,000 barrels stolen daily. He

opined that the NNPC has been

converted into an ATM.

“As I have said previously, the Sure-P

project is a drain pipe; a slush fund

for political patronage. For instance,

the N253.5 billion alleged to have

being spent on projects by the

Federal government as at December

2013, is not reflective in the lives of

ordinary Nigerians. In 2012, about

N180 billion accrued to the Federal

Government in Sure-P alone.”

Under the heavy weight of corruption,

heavy dose of insecurity, the ticking

time bomb of youth unemployment

and a near total absence of

institutional rationalisation, Nigeria

under President Jonathan trudges on

like a battered engine in need of a

complete overhaul; in fact, a change

of engine.

Tinubu used his experience as the

governor of Lagos as a tool to

examine what is wrong with Nigeria

today both politically and

economically.

According to him, Nigeria is trapped

in a disarticulated economy

occasioning poverty and frustration

on people. “The African Development

Bank (AFDB), in its African Economic

Outlook report of 2013, revealed that

poverty has worsened since 1996 and

through 11 years of the Peoples

Democratic Party (PDP) rule. The

efforts of President Jonathan’s

government to combat poverty were

also faulted,” he said.

The former governor said that in the

current economic environment, it is

almost impossible for Nigeria to meet

any of the predictions about its

prosperity.

“The projection by the British

Economist, Jim O’Neil, that Nigeria

will soon emerge, at least, in the next

30 years alongside three other

countries as an economic giant, will

for long be a mirage.

“O’Neil predicted that Mexico,

Indonesia, Nigeria and Turkey are to

become what he refers to as ‘MINT.’

We all know that this is another

Vision 2020 gimmick; a very distant

hope with no chance of coming to

fruition. Let us not for once, delude

ourselves that this is possible. A

country that is yet to export the

smallest plastic product or one that

generates a miserable 12 per cent of

the total energy needs of the country

can never be a candidate for MINT,

BRICS (Brazil, Russia, India, China

and South Africa) and Vision 2020.

Our energy woes abide.”

Tinubu was asked to explain the

vision and mission of the new party,

APC and offer an insight into the

ideology of the party.

He said: “We formed this party to

improve the lot and the lives of those

who don’t have. We formed it to bring

dignity, hope, justice and the reality of

prosperity to those Nigerians who

seek these things. The PDP has never

been a friend of the people and each

year it becomes less of one. They

have turned their backs on the

people. Now, it is time the people

turned their backs on the PDP. The

PDP claims we don’t have an

ideology. We have an ideology but it

is one PDP can’t understand. What

the arrogant and mean don’t

understand, they pretend does not

exist.

”One can no longer dance on both

sides of the fence. Either you are

resolute for justice or for injustice.

Stake your claim and sign your name

to it so history may record your

decision and your deeds at this

critical hour.

”For me, I have but one life thus I

have but one choice. I choose the

right way. I follow the APC. I urge you

all to hitch a ride on the rescue

mission APC is about and rally for

change and the re-building of a

Nigeria that meets our dream,”

Tinubu said, adding; “We have come

to a moment in time when there is no

time to waffle, obfuscate or prattle.

Beginning from now and as we

march toward the elections of 2015,

the people shall decide whether they

want to enshrine injustice, inequality

and the rule of arbitrary might over

their lives or they want to build a finer

existence where the light of fairness,

prosperity and the rule of law shines

on all.”

The NG is an association of core

professionals drawn from diverse

fields and mostly Lagos-based. The

NG group formed in 1998 has

produced governors, ministers,

commissioners and key

functionaries. It is an informal think

tank, a sounding board of sorts for

government and policy makers.

Mr. Wale Edun, the chairman of the

NG group, welcomed all members

and expressed delight that Tinubu

found time to honor their invitation.

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