The Peoples Democratic Party (PDP) has accused the Buhari administration of allowing the “mass looting of public funds to corruptly create a war chest for the APC to intimidate Nigerians and muscle the 2023 general elections.

“In a statement released by its National Publicity secretary, Debo Ologunagba, the PDP alleged that the APC is diverting public funds meant for development purposes and salaries of workers to its coffers by ‘orchestrating the purchase of its Presidential nomination form by all manner of persons at excessive N100 million to warehouse sleaze funds for the elections’.

” Our Party has information of how public funds are being withdrawn from Ministries, Agencies and Parastatals of government and diverted to people who have no verifiable means of livelihood to purchase APC’s Presidential Nomination and Expression of Interest forms for individuals without any electoral value and who cannot even win Local Government elections.

We have intelligence on how public funds are pulled out of government Agencies in a surreptitious design perfected by an APC leader in connivance with certain individuals in positions of authority close to top persons in the Central Bank of Nigeria (CBN).

Nigerians will recall that the PDP had earlier alerted on how the CBN under Mr. Godwin Emefiele as CBN Governor has been turned into the finance department of the APC where APC leaders fraudulently access public funds through nebulous subsidies, shady intervention programmes and discriminatory exchange policies which perpetuate illegal arbitrage system.

The rejected APC has resorted to this underhand method to corruptly rake in billions of naira from public treasury without consideration for the welfare of Nigerians.

This APC’s nefarious action is informed by its realization that its leaders cannot make huge donations to the APC coffers as they will be violating the limits of contribution to political parties as stipulated by law and regulation.”