PDP
“I am going to bore you with what we met. I know that I am being accused in the papers of passing the buck, but passing the buck is sometimes absolutely necessary to remind people who take things for granted. When we came in, I screamed to high heavens because I had promised a lot while seeking votes. I asked, ‘where is the savings?’ There was no savings. There was no infrastructure, power, rails, roads, there was none. What did we spend the money on? I was told (on) buying food and petrol.
“Where were the billions going? We conducted a study and found out that the oil marketers were committing fraud on at least one-third of what they were importing, which was about 25 per cent of our foreign exchange. I have bored you with this long explanation because there are things that could be hidden from you by those that have mismanaged the country in the last 16, 17 years.”
