Presidency’s MTEF Document Is Filled With Lies–Dino Melaye

By Ikenga Chronicles November 25, 2016

Outspoken Kogi State Senator, Dino Melaye has referred to the MTEF submitted by the Presidency to the Senate as “a lie”.Melaye was speaking as Senators debated on the document this week.

According to him;

“If we speak the truth, we will die, if we lie, we will die. I have decided to speak the truth and die. Yesterday, the government said the huge debt is responsible for the current recession. This document
is a lie. This document is not truthful, transparent, factual and real. This time last year, we passed an MTEF for three years.”

Senator Melaye went on to state that before the current MTEF is to be considered by the Senate, it is imperative for government to give an account of the last one passed last year;

“What happened to the MTEF? What is the difference between what we got last year and what we have now. We want to know the level of compliance of what we got last year. We need to be furnished. These things are not stipulated in the MTEF.”

The senator also noted that most of the projections contained in the MTEF documents are not in line with present reality thus meaning that the documents do not represent what is factual;

“The proposed rate of exchange, is it true? Democracy is about transparency and sincerity. The GDP is going down and this MTEF document is telling me that it is going up? How do you collaborate this fraud? We need to know what percentage of our revenues you will use in servicing our debts.”

In conclusion, the senator took a swipe at the Minister of Budget and National Planning for being incompetent;

“Recently, our Minister of Budget and National Planning showcased his ignorance by telling the whole world that he did not know the current debt profile of the country. This document should go back to where it came from.
A reasonable document which will meet up with the yearnings of Nigerians should be presented. As it stands now, we cannot take it.”

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