The Acting President, Yemi Osinbajo on Tuesday lashed out at the immediate past administration of Goodluck Jonathan over the failure to pay release Paris Club refund to state governors.
Osinbajo said the Jonathan’s administration was earning over 100 dollars on a barrel of oil and yet failed to pay Paris Club refunds.
Speaking in Birnin Kebbi, Kebbi State, Osinbajo said the current administration of President Muhammadu Buhari is doing everything, despite the fact that it is earning 60 percent less revenue.
In a statement on the Presidency’s twitter handle, @NGRPresident, Osinbajo said, “A previous Admin, earning $100/bbl, did not pay Paris Club Refunds, or Cash Calls. This Govt, earning 60% less revenue, is doing everything.
“We’ve introduced Transparency to the management of the Federation Account, ensuring that all monies due are remitted
“PMB has always insisted that Federation Account must be transparent, and all books open. I’m sure the Govs agree we’ve done our best.
“We’re doing everything to support all States, regardless of party: Budget Support, Paris Club Refunds, Clearing debts owed them.
“The future belongs to the progressive tendencies in our polity. Our victory in the 2015 elections was not a fluke.
“Our people understand that the task of clearing decades of debris will take time. But we must also keep faith with them, and deliver.”