The All Progressives Congress and the opposition Peoples Democratic Party, on Monday, engaged in a war of words over the alleged failure of the PDP to account for loans amounting to over $2.
4bn received by two previous administrations and used for failed projects.
Nabena said the statement issued by the Atiku Media Office on the standard sovereign guarantee and sovereign immunity clause embedded in Nigeria’s loan agreements with China to fund the ongoing national railway project “can be best described as un-researched, unintelligent and pedestrian.” “Perhaps, Atiku and the Peoples Democratic Party could redirect their energies to explaining to Nigerians the status of the failed $460m Abuja Closed-Circuit Television contract awarded in August 2010 by the immediate past PDP administration.
In response, the PDP, said in a statement titled, ‘PDP berates APC for defending the mortgaging of Nigeria’s sovereignty’, signed by its National Publicity Secretary, Kola Ologbondiyan, “The attempt by the APC to trivialise the mortgaging of the nation by raising frivolous allegations against the PDP validates the APC’s complicity in the pawning of our country to foreign interests.
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