₦airaland Forum

Reaction to the Press Briefing by Nigerian Minister of Information (as posted by Nurudeen Adeyemi)

ABSTRACT:
A Nation that spends its resources for the comfort of few in power, makes an open invitation for the learned to agitate.

SOCIAL FACT:
Nigerian leadership lacks administrative knowledge, devoid of prospective governance. The nation is in the terrible control of money scavengers and heading towards doom.

INTRODUCTION:
The level of fiscal expenses made by the government of Nigeria under President Tinibu, at the tune of billions of naira for the comfort of few Nigerians in power, makes it clear that the claim by the President that Nigeria is facing economic difficulties and that citizens must endure austerity measures, is but a myth.

BACKGROUND:
Information reveals that about 15 billion naira is allocated for the renovation of the Vice President’s house, a house that is recently vacated by past leadership just about a year ago.

Another 40 billion naira is said to have been allocated to renovate the National Legislative Assembly complex.

There is also purchase of pleasure cars at the sum of about 160 million naira each for 109 senators, and 360 House of Representatives members, who already own too many luxerous cars.

In recent time, about 90 billion naira is allocated for religious hajj to Mecca. Yet, this is the Nigeria it’s President said the masses must endure hardship due to economic setbacks.

Meanwhile, in these tremendous wastes, only 1 billion naira is allocated for renovation of higher institutions of learning in Nigeria.

CONSIDERATIONS:
A right thinking mind in any good leadership must know that the total financial activities as enumerated above in this regime, are not tied with any economic income or financial anticipation rather, they are sociopolitical expenses. The education sector, which is crucial, has the least in the expenditure.

QUESTIONS:
Does the President really understand the economic implications of spending more on sociopolitical activities rather than the economic sectors?

How could a government in the midst of hunger and starvation of its masses, prefers to waste its resources for the benefit of few, in a population of over 200 million?

Does this present government understand the implications of wasteful expenditure?

What sort of economic approach is President Tinibu applying?

CONCLUSION:
It is vivid that Nigerian political leaders are actually using the country as a money club for their personal gain rather than true administration of a nation. Because they seem not to have positive economic ideas or understand the concept of governance. They act as touts who scramble for money and riches. Like the “Alibaba and the forty thieves”

Bobloco:

StarRiderr:
This is exactly the picture of current Nigeria leadership in real time....no more no less