Nigeria, March 29 -- The Peoples Democratic Party (PDP) has again accused the All Progressives Congress (APC) of stealing N10.1 from the national treasury despite its acclaimed shortage of funds to finance the 2021 budget.

While President Muhammadu Buhari-led administration has often pointed to fall in oil price as the reason for Nigeria's rising debt profile, the PDP said the administration is encouraging corruption.

Without naming a source or evidence, the PDP, in a statement issued on Monday, said N9.6 trillion ($20 billion) and another N500 billion belonging to the Treasury Single Account (TSA), have been "allegedly diverted to APC interests".

"This fresh N10.1 trillion scandal is beside the earlier N15 trillion, reportedly stolen ...