Fayose, PDP Are Bereft Of Workable Ideas – FG

The Presidency has come out to say it is mischievous, but not entirely out of character, for the immediate past governor of Ekiti State, Ayo Fayose, to attack TraderMoni.

TraderMoni is an interest-free N10,000 loans given to petty traders under the Federal Government’s Social Investment Programme, SIP.

Fayose was quoted as saying the TraderMoni scheme as a direct “re-looting of the Abacha loots.”

Reacting to his statement on the programme, The Social Investment Programme, SIP, Response Team, Presidency, in a statement, yesterday, in Abuja, said the issue of TraderMoni had been broken down several times to the public.

They said, “It is infantile for the Peoples Democratic Party (PDP) and Fayose to keep rehashing outright falsehood.

“It is clear from their actions that Fayose and his cronies are bereft of workable ideas and do not have any clear-cut agenda for their campaigns, so they have no choice but to resort to regurgitating spurious allegations like this.

“Their resort to the unending generation of fake news as a campaign strategy is not shocking, coming especially from Fayose, but it is nonetheless pitiful.”

“This government has been able to do far more with less resources, than what was obtained under past administrations, where profligacy; gross mismanagement of the country’s resources were rife.

“Thus, Fayose’s feeble attempt to lump the Vice President or the Buhari administration into the sordid happenings under the PDP in past administration through spreading falsehood is not only mischievous, but a disrespect to hardworking Nigerians in their millions who are now enjoying the impact of the Social Investment Programmes of this administration.

“It must be emphasised that, for the records, the repatriated 322 million dollars is now currently being applied to support the Buhari administration’s Conditional Cash Transfer, CCT, scheme under the Social Investment Programmes.

“Part of the conditions under which the looted funds were restored to Nigeria is that the World Bank would be involved in over-sighting its disbursements, which is what is being done now.

“Thus, any claim of re-looting of any kind is totally false and must be ignored by Nigerians. Fayose and his ilk merely cry wolf where none exists; a shameless habit for which he is now well known.”