Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,081 members, 7,957,035 topics. Date: Tuesday, 24 September 2024 at 05:23 AM |
Nairaland Forum / Nairaland / General / Politics / Plumbing New Depths Of Dishonesty (385 Views)
Zariamassacre: IMN Accused Judicial Commission Head Of Dishonesty (2) (3) (4)
(1) (Reply)
Plumbing New Depths Of Dishonesty by 4Play(m): 7:59pm On Feb 09, 2017 |
Anyone familiar with Nigerian political debates in the last couple of years would have heard this familiar argument: Nigeria is in trouble today because the previous Govt failed to save for a rainy day. This argument, when put forward by APC propagandists, should be awarded a 5 star for the audacity of its hypocrisy. It presupposes that the responsibility to save for a rainy day is solely that of the FG. The various state governments of course had no responsibility to save for a rainy day - despite their finances being largely dependent on Abuja allocations derived from oil revenues. According to this stunning illogic: Only the FG's 52% share of the allocations ought to have been squirrelled away whilst state governments continued with their spending and borrowing binge. The hypocrisy is even more blatant when one remembers the following September 2014 statement of APC's policy position during the oil bonanza: Sept. 30 (Bloomberg) -- Nigeria’s main opposition party said it will scrap the country’s sovereign wealth fund and a separate excess crude account if it wins elections in February. http://www.bloomberg.com/news/articles/2014-09-30/nigeria-s-opposition-wants-to-scrap-sovereign-oil-funds I stand to be corrected, but you will be hard pressed to find examples of APC supporters advocating for a rainy day fund - certainly not on Nairaland - prior to the oil price collapse. To the contrary, ridicule was levelled anytime NOI talked about a need for savings. It reminds me of Trump's claim that, unlike his political rivals, he was against the invasion of Iraq despite being on record voicing his support for the war. The purpose of this attempt at rewriting history is to distance the APC from their fellow incompetents in the PDP, hence the emphasis on FG lack of saving. The propagandists are engaged in a bold project of mendacity. 2 Likes |
(1) (Reply)
Oyo Partners G20 Youths To Enhance Youth Employment / A Message To President Muhammadu Buhari / Nigeria's Struggling Textile Industry
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |