{"id":364748,"date":"2021-06-17T10:05:37","date_gmt":"2021-06-17T09:05:37","guid":{"rendered":"https:\/\/arewa.ng\/?p=364748"},"modified":"2021-06-17T10:05:55","modified_gmt":"2021-06-17T09:05:55","slug":"pdp-govs-want-nnpc-to-fund-their-wasteful-spending-presidency","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=364748","title":{"rendered":"PDP govs want NNPC to fund their wasteful spending &#8211; Presidency"},"content":{"rendered":"<div id=\"mvp-content-main\">The presidency has condemned the communique by Peoples Democratic Party (PDP) Governors against President Muhammadu Buhari administration.<\/p>\n<p>The Forum had queried loans procured by the federal government and accused the Nigeria National Petroleum Corporation (NNPC) of failing to pump money into the economy.<\/p>\n<p>Presidential spokesman, Garba Shehu said the position demonstrated why the PDP and its members should not be entrusted with national leadership of Nigeria.<\/p>\n<p>He noted that in protest against the NNPC not making contributions to the Federation Account, the governors expect the company to spend the same money twice \u2013 on petroleum subsidy and on their states.<\/p>\n<p>Shehu insisted that NNPC as a trustee for Nigeria must manage its finances with prudence to safeguard the financial support for the country.<\/p>\n<p>PDP raises alarm as NNPC plans to acquire Dangote Refinery shares<\/p>\n<p>\u201cWhat the governors are asking of NNPC is to \u201cbreak the bank\u201d for their own profligate political ends\u201d, the aide noted.<\/p>\n<p>Shehu said \u201csimilar profligacy and contradiction\u201d are in full view with their call to the Central Bank to appreciate the value of the Naira.<\/p>\n<p>This, according to him, would damage exports, including oil revenues on which NNPC depends, and also damage small businesses and employment.<\/p>\n<p>\u201cBut an appreciated currency would benefit those spending on luxuries from abroad \u2013 this, no doubt, being the leading desire of a typical PDP governor,\u201d he said.<\/p>\n<p>Shehu lambasted the governors\u2019 \u201crefusal\u201d to support the Buhari administration\u2019s desire to reinstate the local government as the third tier and finding a lasting solution to farmer-herder conflicts.<\/p>\n<p>The spokesman said they rejected it, denying Nigerians their constitutional right to live in any state and preferring to appeal to ethnic division rather than support the first practical solution offered since independence.<\/p>\n<p>On the Governors\u2019 appeal to each other for more involvement of states in mining and geophysical activities, the presidency wondered why it took so long when they long had the powers to do so.<\/p>\n<p><strong><em>(DailyPost)<\/em><\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The presidency has condemned the communique by Peoples Democratic Party (PDP) Governors against President Muhammadu Buhari administration. The Forum had queried loans procured by the federal government and accused the Nigeria National Petroleum Corporation (NNPC) of failing to pump money into the economy. Presidential spokesman, Garba Shehu said the position demonstrated why the PDP and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":364749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[41,633,1415],"class_list":["post-364748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-buhari","tag-garba-shehu","tag-presidency"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/364748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=364748"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/364748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/media\/364749"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=364748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=364748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=364748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}