News

Buhari govt sold future crude, Tinubu paying debt — Mutfwang

‎Plateau State Governor, Caleb Mutfwang, has accused the administration of former President Muhammadu Buhari of selling crude oil before it was extracted, saying the President Bola Tinubu-led government is still paying the resulting debts.
‎
‎Mutfwang spoke on Monday at the inauguration of the All Progressives Congress Campaign Council for the 2027 general elections at Government House, Rayfield, Jos.
‎
‎He blamed the previous administration for the economic challenges inherited by Tinubu in 2023, arguing that the current government needed time for its reforms to yield results.
‎
‎“Part of the problem of the Buhari regime is that they got to a point that they didn’t know what to do, so they sold our future crude.
‎
‎“The crude we are yet to dig from the ground has been sold in advance. And today we are paying that debt. And so we cannot expect things to simply change overnight,” he said.
‎
‎The governor also described the fuel subsidy regime under the previous administration as a national fraud, arguing that the government had borrowed money to pay fraudulent claims.
‎
‎“When the President took over at that time, there was a national fraud that was taking place called fuel subsidy. I say it was a fraud because we were borrowing money to pay people who brought fictitious documents. They never brought any wealth.
‎
‎
‎“They brought fictitious documents, claimed money and subsidies. You cannot continue to borrow money to give to thieves. You have to stop it at some point. And when it is stopped, there will be a payback; there will be a recovery time,” Mutfwang stated.
‎
‎He said the removal of the subsidy had helped improve fuel availability, although prices remained high.
‎
‎“Today, by the grace of God, we have solved one side of the equation. Today fuel is available. It may not be cheap, but it is available.
‎
‎“Those of us who are of my age bracket or little below will remember the times when we spent days in petrol stations queuing for fuel that we could hardly get. But we have been able to resolve that,” he said.
‎
‎Mutfwang also defended the Tinubu administration’s economic policies, claiming that Nigeria’s external reserves had risen above $50bn.
‎
‎“Where did President Tinubu meet Nigeria in 2023? He met Nigeria tottering on the brink of collapse; Nigeria that could not service its external debts; Nigeria that would not even allow businesses outside the country to take their proceeds back home.
‎
‎“And that is why some international airlines stopped flying to Nigeria, because they could not get the dollars to take back their money. Our external reserve was down to just a little over $3 billion, from the over $40 billion it had accumulated for decades. Today, by the grace of God, we have a healthy external reserve of over $50 billion,” he said.
‎
‎The governor listed measures introduced by his administration to cushion the impact of economic hardship, including Tin City Metro buses, the revival of rail services within Jos, a 50 per cent reduction in tuition fees at state-owned tertiary institutions and a 300 per cent increase in student allowances.
‎
‎He also cited the Nigerian Education Loan Fund as a Federal Government intervention benefiting Plateau indigenes studying in tertiary institutions.
‎
‎On the 2027 elections, Mutfwang urged Nigerians to support Tinubu’s re-election, arguing that power should rotate between the North and South.
‎
‎“We must agree that power should rotate between the North and the South. And if the North spends 8 years, which we have nothing to show for, it is only fair that we allow the South to do another 8 years. Because if we don’t respect that sharing arrangement, it will come back to haunt us someday,” he said.
‎
‎He expressed confidence that the APC would win in Plateau State, urging party members to focus on grassroots mobilisation and peaceful, issue-based campaigns.
‎
‎Earlier, the Director-General of the Mutfwang/Piyo 2027 Governorship Campaign Council, Sir Joseph N. Ari, said the council had received expressions of support from 115 support groups and pledged to conduct a campaign guided by discipline, teamwork and responsibility.
‎
‎Ari urged party members to turn out on November 14, 2026, to welcome President Tinubu, Vice President Kashim Shettima, APC National Chairman Professor Nentawe Yilwatda and other national party leaders.
‎
‎
‎Plateau State APC Chairman, Rufus Bature, described the inauguration as a significant step towards building a coordinated campaign structure for the 2027 elections.
‎

 

 


Receive Alerts On:
Facebook: METRODAILYNG Twitter: @METRODAILYNG

REACH THE RIGHT PEOPLE AT THE RIGHT TIME WITH METRO DAILY NIGERIA. ADVERTISE YOUR BUSINESS TO USERS ONLINE TODAY. KINDLY CONTACT US FOR YOUR ADVERTS OR PUBLICATIONS AT INFO@METRODAILYNG.COM

Related Posts

Leave a Comment