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Magu Blames Corruption On Recession - Politics - Nairaland

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Magu Blames Corruption On Recession by Paperwhite(m): 7:29am On Dec 02, 2016
Magu blames recession on corruption
The acting chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu has said that there is a link between corruption and the current economic recession.

Magu, who was speaking on Thursday, when he visited the Naval Headquarters in Abuja on a courtesy call, said the recession prevalent in Nigeria today, is a fall out of the corrupt tendencies of leaders.

He said except Nigerians resolve collectively to detest corruption in all forms, there will be no future for the youth.

He also said that it was disturbing that Federal, State and Local Government allocations were persistently being misappropriated.

“If 50 percent of the allocations at the three tiers of governments are judiciously put to use, we would not be where we are in terms of underdevelopment and infrastructural decay,” he explained.

The Chief of Naval Staff agreed with the EFCC chairman when he said “corruption fuels insecurity and responsible for lack of development. We just cannot afford to continue like that”. (NAN)

 



Read more at http://www.dailytrust.com.ng/news/general/magu-blames-recession-on-corruption/174162.html#jmYsBF3DQ7WuTwxp.99
Re: Magu Blames Corruption On Recession by Paperwhite(m): 7:29am On Dec 02, 2016
Guess Nigerians can still see the idiots we've in government
Re: Magu Blames Corruption On Recession by spidey77: 7:30am On Dec 02, 2016
Re: Magu Blames Corruption On Recession by Atiku2019: 7:32am On Dec 02, 2016
cheesy grin

Re: Magu Blames Corruption On Recession by Paperwhite(m): 7:38am On Dec 02, 2016
[/b]The acting chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu has said that there is a link between corruption and the current economic recession[b] So can we know the inter-connecting formula please? Stupid illiterates in government. undecided
Re: Magu Blames Corruption On Recession by Sibrah: 7:44am On Dec 02, 2016
He is very correct.
Re: Magu Blames Corruption On Recession by Sibrah: 7:45am On Dec 02, 2016
Paperwhite:
Guess Nigerians can still see the idiots we've in government
How is he an idiot please?
Paperwhite:


He also said that it was disturbing that Federal, State and Local Government allocations were persistently being misappropriated.

“If 50 percent of the allocations at the three tiers of governments are judiciously put to use, we would not be where we are in terms of underdevelopment and infrastructural decay,” he explained.

Re: Magu Blames Corruption On Recession by agwom(m): 7:46am On Dec 02, 2016
ok
Re: Magu Blames Corruption On Recession by ojun50(m): 8:02am On Dec 02, 2016
Befor it was pdp nw is corruption 2mro it will nepa
Re: Magu Blames Corruption On Recession by Nobody: 8:04am On Dec 02, 2016
Mumu man. Go blame your oga the undisputed dullard

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