‘Successive Nigerian governments have wasted $500trn’ – Saraki Group, consults Cross River PDP




Socio-political group, the Abubakar Bukola Saraki Contact and Advocacy Council (ABSCAC) says successive Nigerian governments have wasted $500 trillion.

Chairman of the Abubakar Bukola Saraki Contact and Advocacy Council (ABSCAC) and former Senator, Prof. Iyorwuese Hagher, speaking duing a consultative meeting with the Cross River State Chapter of the Peoples Democratic Party (PDP), in Calabar

Besides this, three million Nigerians are consuming over 90 percent of the resources of the country.


Chairman of the Council and former Senator, Prof. Iyorwuese Hagher, disclosed this in Calabar while consulting members of the Cross River State Chapter of the Peoples Democratic Party (PDP).

Members of the council who accompanied the chairman include; the secretary, Dr. Ahmadu Musa and Alhaji Aliyu Maigari.

Others are Senator Shaaba Lafiagi, Engr. Hassan Husseini, Prince Oleteru Lekan, Comrade Judith Bindi, Moses Aliyu and Comrade David Itopa.

Professor Hagher in his presentation said the greatest problem with Nigeria is leadership and the past seven years has been disastrous for the country.

“The past seven years has been the worst disaster this country has gone through.

“We have been victims of broken promises and we have failed in all the things that would make us a great nation.

“The biggest failure of Nigeria is in not providing the correct leadership that will harness the resources of the country for the betterment of the entire country.

“Today we have less than 3 million Nigerians consuming 90% of the country’s revenue and we are the only country that has managed to waste 500 trillion dollars by successive administrations”, he said.

Professor Hanger maintained that should Saraki’s presidential ambition comes to fruition in 2023 the economy of the nation which is almost at the verge of collapsing would be revamped.

Stating the benefits of a potential Saraki presidency, he said “Bukola Saraki is highly educated. We cannot put an insensitive in such a position of authority. But a person who when you rejoice, he rejoices with you.

“We are not a monarchy. We want a young man who has the link between the youths and old.

“He is also somebody who has practicalised the 35 percent affirmative action.

“For us in the PDP the women are always in the same room with us. With Saraki women will take thier right pride of place.

“As a governor, the women tool thier 35 percent affirmative action. He will give Nigeria unity and in a proper position to stand for the oppressed.

“As I speak to you now, all our leaders have been blindfolded. Bukola is here to answer to your fears, assuage to your pains”, he said.

In his remarks, the Cross River State PDP party chairman, Venatius Ikem stated the challenges the next Nigerian president will face is enormous hence the need to elect a competent and intelligent person who also has capacity.

He said Cross River State remains a PDP state come rain, come shine, promising to work toward the enthronement of a PDP president who can transformed the country to a better nation.