TheCable

Adams Oshiomhole, governor of Edo state, has accused the Peoples Democratic Party (PDP) of vandalising the nation’s economy, but said President Muhammadu Buhari has been making efforts to restructure it.

The governor blamed the current economic recession on maladministration on the part of the PDP government, advising the people of the state to vote against the party during the forthcoming governorship election.

He said instead of taking responsibilities for the problem it created the former ruling party has been misleading people on the state of the economy.

Oshiomhole was speaking at a campaign rally of the All Progressives Congress (APC) in Afuze, Owan east local government area of the state.

“The way PDP put fire on our economy, it is not possible to rebuild it overnight,” he said.

“The people who bled the treasury are now coming to tell you, the victims, that rice is now expensive, naira has suffered devaluation. If one man took over N2 billion, in Edo alone, what they have confessed to EFCC to have taken is over N5 billion.

“If they took so much dollars meant for defense to protect Christians against attacks from Boko Haram, to protect mosques from Boko Haram attack, these people took the money in dollars, converted it to naira, depleted our dollar reserves, shared it into their pockets, their generals dug soak-away pits and put dollars inside.

“The whole dollars from the Central Bank was taken and from a reserve of over $50 billion, PDP bled the reserves and today it is down to about $20 billion.

“When a man comes to your house, burgled your store where you kept your food and in the morning you find the store burgled, can you immediately feed your children? But President Buhari has started rebuilding the treasury to re-secure it.

“My confidence about the future of our country is that Buhari is blocking all the leakages in our economy, and the ones they have taken he is recovering them one after the other.”