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Bailout Fund Was Saved By Jonathan to Ease Buhari’s Financial Burden – PDP


Yesterday, The Peoples Democratic Party (PDP) insisted that contrary to claims by the Presidency, the $2.1 billion Liquefied Natural Gas (LNG) component of the bailout for states was saved by the immediate past President Goodluck Jonathan-led PDP administration.

The party said the LNG dividend stood at $5.6 billion even before the handover date of May 29, and would have been shared but for the insistence of former President Goodluck Jonathan that it be left for the incoming administration to manage.

National publicity secretary, PDP Olisa Metuh, in statement on Wednesday thanked President Muhammadu Buhari, for making it possible for Nigerians to know that monies were left behind by the Goodluck Jonathan’s administration.

The party said that despite attempts by the APC-led administration to hide the truth, the issuance of the bailout with funds from the LNG proceeds and the Excess Crude Account (ECA) has exposed the fact that the PDP administration actually left behind huge sums of money contrary to the impression earlier given to Nigerians.

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