APC Affirms Promise Of N5000 Stipend

APC Affirms Promise Of N5000 Stipend

CONTRARY to the allegation making the
round on the social media and by the
opposition Peoples Democratic Party
over the failure of the All Progressives
Congress led administration to fulfill its
promise on N5000 monthly stipend for
unemployed Nigerians; the party has
assured Nigerians that it will not renege
on its campaign promise to pay N5,000
each monthly to 25 million most
vulnerable Nigerians.
APC called on the citizens to ignore the
“mischievous” attempt by the PDP to
confuse and mislead them on this issue.
Peoples Democratic Party (PDP) had on
Thursday condemned the Wednesday’s
rejection by the ruling All Progressives
Congress (APC) senators of N5000
monthly stipend.
The National Publicity Secretary for APC,
Alhaji Lai Mohammed, in a statement
issued in Abuja yesterday said: “even
though the PDP-led Federal Government
plundered the common wealth in its
time, it (APC) has devised creative means
not only to pay the money but also to
fulfill its other campaign promises to
Nigerians.
He explained that the non-
implementation of the payment policy so
far is due to the fact that it was not
included in the 2015 budget, which was
prepared by the PDP-led Jonathan
Administration, and also because of the
need to first block all financial leakages.
”Now, the Buhari administration has
been busy putting into place measures
that will make it possible to start the
implementation of this project. Such
measures include the introduction of the
Treasury Single Account (TSA),” he
stated.
He further disclosed that as at the end of
September this year, over N1.4 trillion,
which previously was lying
unproductively in various commercial
banks, has been recovered and paid into
the TSA.
The party said PDP in its usual “jumpy
and superficial approach” to issues, the
irresponsible opposition has already
rushed to judgement on the issue without
bothering to hear from the APC, which
made the promise in the first instance.
”Had the PDP not sacrificed the truth on
the altar of political expediency, it would
have realized that the APC never at any
time indicated it has reneged on its
promise to pay N5, 000 monthly to 25
million most vulnerable Nigerians.
“In our press statement of Aug. 30th this
year, we still reiterated our plan to
redeem our campaign promises,
including the social security payment
policy, despite the primitive looting of
the treasury under the watch of the
PDP,” the statement added.
The party also reiterated that the Buhari
administration is poised to lift millions
of Nigerians out of extreme poverty by
providing social protection and safety
nets with another N2.5 trillion Special
Intervention
Fund.
”It is therefore astonishing that the same
PDP, which is becoming more and more
infamous for its penchant for peddling
half truths and sensationalizing every
issue, will rush to the press to celebrate
the figment of its imagination that the
APC will not fulfill its campaign promise
regarding the payment”.
The APC said the Buhari administration
is also embarking on a massive
infrastructure renewal programme in
the areas of roads, rail and power, for
which a 2.5-billion-dollar Infrastructure
Fund is being put in place.

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