By Barrister Opatola Victor Esq.
How can President Tinubu come out to say that his Government has cleared ways and means debt?
This is deliberate, wicked and outright bare-face lie.
I, Opatola Victor, was the lawyer that handled the lawsuit against Federal Government, CBN, Debt Management Office, Ministry of Finance and others asking the court to declare the accumulated ways and means and securitization as illegal. So, I know as a matter of fact that this Government never for once cleared that debt.
It only securitised that debt, and by so doing converted trillions of Naira worth of Federal Government debt to Nigeria’s debt.
This means a debt that the federal government was supposed to pay, a debt that the national assembly elected by the people never approved it borrowing, a debt that the National Asembly couldn’t even determined how it was spent, a debt that the Nigeria people couldn’t manage or determine how it was spent; it is such debt that has now been converted into a public debt that Nigeria and Nigerians must pay.
So the 30 trillion naira that President Tinubu mentioned in his Independence day speech that it cleared, was definitely a lie. It was an intentional technical language used to hoodwink Nigerians into believing that a 30 trillion Naira debt was actually cleared.
It definitely wasn’t paid.
The Federal Government in a desperate bid to be seen as an efficient and performing Government should cease and desisit from make bare face lies to its citizens.
It must stop.
Opatola Victor Esq.
Adeopatola@gmail.com