PDP Sticks to its Guns Spat Over Bailout Funds

Abuja - The People's Democratic Party (PDP) has maintained its position that the $2,1 billion Liquefied Natural Gas (LNG) component of the bailout for states was the initiative of the immediate past administration.

The administration, led by Goodluck Jonathan, saved the funds, contrary to claims by the Presidency.
The opposition party said the LNG dividend stood at $5,6 billion even before the handover date of May 29 and would have been shared but for the insistence of Jonathan that it be left for the incoming administration to manage.

PDP National Publicity Secretary, Olisa Metuh, said this was contrary to the impression earlier given to Nigerians and the international community that the new administration met a
virtually empty treasury.