Press statement from PDP
Our attention has been drawn to the misleading and outright falsehood
by the APC. The truth is that the NLNG had been on a 10-year tax haven
until 2014.
Within this period, successive governments, right from President
Olusegun Obasanjo never shared nor tampered with the cumulative
dividends over the years.
Whatever taxes paid from the NLNG go
through the Federal Inland Revenue Services (FIRS) and recorded as part
of the income of the Federal Government.
It is imperative to note
that by the end of the tenure of President Goodluck Jonathan, NLNG
dividends had risen to a cumulative $5.6billion and not a single cent
was ever taken from the funds.
Although it is within the rights
of the APC administration to spend the funds in any way they may decide,
it is however cruel for them to inflict on us all such malicious
falsehood while the current Presidency without the benefit of economic
advisers and relevant statutory organs of government, unilaterally
decided to deplete the funds without thinking of the attendant future
investments and financial obligations of Nigeria in the NLNG project.
The APC must note that there is a limit to propaganda and lies. Now is
the time for governance and this government has shown total
unpreparedness to face the challenges of governance at the center.
Signed
Chief Olisa Metuh
National Publicity Secretary
Our attention has been drawn to the misleading and outright falsehood by the APC. The truth is that the NLNG had been on a 10-year tax haven until 2014. Within this period, successive governments, right from President Olusegun Obasanjo never shared nor tampered with the cumulative dividends over the years.
Whatever taxes paid from the NLNG go through the Federal Inland Revenue Services (FIRS) and recorded as part of the income of the Federal Government.It is imperative to note that by the end of the tenure of President Goodluck Jonathan, NLNG dividends had risen to a cumulative $5.6billion and not a single cent was ever taken from the funds.
Although it is within the rights of the APC administration to spend the funds in any way they may decide, it is however cruel for them to inflict on us all such malicious falsehood while the current Presidency without the benefit of economic advisers and relevant statutory organs of government, unilaterally decided to deplete the funds without thinking of the attendant future investments and financial obligations of Nigeria in the NLNG project.
The APC must note that there is a limit to propaganda and lies. Now is the time for governance and this government has shown total unpreparedness to face the challenges of governance at the center.
Signed
Chief Olisa Metuh
National Publicity Secretary
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