Mass sack in banks ploy to discredit FG -APC

The All Progressives Congress (APC) has
described the mass retrenchment in banking
and other sectors as a sabotage and a ploy by
“certain disgruntled persons to blackmail and
discredit the Federal Government.”
National Auditor of the party, Chief George
Moghalu made the observation in a chat with
Daily Sun at the party’s headquarters,
yesterday. He said it was a deliberate plan
orchestrated by some enemies of the APC
government  to create a situation of
uncertainty and unnecessary frustration of the
system.
“Government has told them to stay action on
the sack of staff or face the consequences. I
don’t know why the banks should be sacking,
we need to ask what has happened to the
profit they have been amassing in the past.
“They ought to have been prepared for the
rainy day. People cannot be manipulated to
create the situation of uncertainty and
unnecessary frustration for the system.
“As far as I am concerned, what is happening
now is pure sabotage. Nigerians should still
trust the APC government.
“I will be ready to engage the media after two
years of President Muhammadu Buhari’s
government.”
Reacting to mixed reactions of Nigerians to
Buhari’s health trip to London, Moghalu said:
“Let us assume he is sick; what is wrong with
someone falling sick? On the contrary, Mr.
President should rather be commended
because things that have not been happening
before are happening now.
“We have a president transmitting power to
his deputy to act while he goes on a 10-day
vacation trip and relayed the information to
the National Assembly.
“Previously, government was personalised and
what we had was a case of ‘if he is not there
everything stops.’ President Buhari has
brought a level of civility in politics. There is
nothing wrong with his going on vacation and
what he does with his vacation period is
entirely his business.
“The Presidency has said that he is not sick to
the extent of incapacitation.
There is no debate about whether he is still fit
to rule the country.” Asked why weeks after
signing the budget, the economy still remains
stagnant, he replied: “I won’t agree that things
are not moving.
“There is a process and contractors will not
go to CBN, open the vault to carry and
distribute money because the budget has
been signed.
“The contracts listed in the budget must be
executed and the process of awarding the
contract has to be followed.
“Tenders must be advertised, the committee
that handles tenders will sit over the
applications and approve them before
awarding the contract.
“The Ministry of National Planning has asked
the agencies of government to summit their
priority projects. “What will not happen is
government asking every Nigerian to line up at
Eagles Square to collect money,” he said.