The Action Congress of Nigeria on Monday raised the alarm over an
alleged plan by the Federal Government and Peoples Democratic Party to
arrest development and progress in all ACN states.
The party said there was a plan to manipulate the Central Bank of
Nigeria, the capital market, financial institutions and regulatory
authorities to withdraw financial support to all ACN states “through a
sustained campaign of blackmail, calumny and arm-twisting.”
In a statement issued in Lagos by its National Publicity Secretary,
Alhaji Lai Mohammed, the party said it had “authoritative” information
that “the first phase of this plot is for the PDP to make available to
the Honourable Ministers of Finance and National Planning and Director
General of the Debt Management office false representation of the debt
profiles of ACN states accompanied by wild and unsubstantiated
allegations of financial recklessness and improprieties against ACN
states for deliberation at the next meeting of the Federal Executive
Council.”
It said that as part of the plan, “the Federal Government will then
enlist the support of the Central Bank Governor who will table the
contrived damning indictment before the Bankers Committee who in turn
will unsuspectingly withdraw their financial support from all ACN
states.
“But the Peoples Democratic Party led Federal Government will not
stop at this. It will thereafter manipulate its appointees at the
Nigerian Stock Exchange, the Securities and Exchange Commission and
other relevant regulatory authorities to block the ACN states access to
the capital market even as the same Federal Government itself had
resorted to the same capital market to fund its own deficit budget.”
No comments:
Post a Comment