Dino Melaye, senator
representing Kogi west, says the All Progressives Congress (APC) under
President Muhammadu Buhari has accrued N11 trillion debt in three years, as
against N6 trillion borrowed by the Peoples Democratic Party (PDP) in 16 years.
Melaye
said this while speaking at the upper legislative chamber on Wednesday. The
lawmaker said despite floating many Eurobonds, “there is no specific programme”
to empower the youth.
He
spoke in reaction to the rejection of Peace Corps bill by President Muhammadu
Buhari.
“About
$5.5bn was borrowed from euro bond; what part of it will the youths of this
country benefit from?” he asked
“About
$1bn is to be spent on security and how does this affect the youth of this
country.
“Without
fear or favour, the Peoples Democratic Party, in 16 years, borrowed N6tn and
this government in three years, has borrowed N11tn but there is no specific
programme that will empower the youth.
“Also,
N500bn was earmarked for the social investment programme of the federal
government, but we have not seen any impact.
“If
the Peace Corps is given an opportunity to exist, thousands will be employed
and this will help to fight unemployment in this country.”
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