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Nairaland Forum / Nairaland / General / Politics / We’re Going After Corrupt Governors, Says Fed Govt (521 Views)
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We’re Going After Corrupt Governors, Says Fed Govt by mamikky: 7:26am On Oct 31, 2012 |
The Federal Government has stated its resolve to go after corrupt governors. Speaking at the launch of the book “Reforming the unreformable, lessons from Nigeria” written by Dr. Ngozi Okonjo-Iweala in Abuja yesterday, President Goodluck Jonathan said the administration was going after governors “who committed various economic crimes and corrupt practices with impunity”. He said: “Government is taking legal measures to ensure that those who defraud the government under the petroleum subsidy scheme are made to return the money and punished.” Jonathan, who was represented by Vice-President Namadi Sambo, said: “We will continue to diversify the economy to create jobs and wealth. “This administration is not only committed to reform but is also building on some of the reform measures initiated by its predecessors, specifically by consolidating the micro-economic reforms and going further on structural reforms to create jobs.” Former Commonwealth Secretary-General Emeka Anyaoku called for a major restructuring of Nigeria’s governance architecture. He said: “The present structure we have will arrest the destructive competition for the control of power at the centre, while we sustain the largely non-viable states which has become the custom and share the national cake from the centre. “I don’t believe that we can succeed in reducing significantly the level of recurrent expenditure, which at the moment is averaging 74 per cent. “When you look around the world and particularly, you look around developing countries that started at the same stage as we did, you will find that their recurrent expenditure is less than what we have been spending. “ Because what we have been spending on recurrent budget has left us and continues to leave us with too little for capital development, which we need.” “Given the required political space and the backing of the president and National Assembly, we will reap the benefit of reform and the lessons learnt from Ngozi Okonjo-Iweala’s book.” Anambra State Governor Peter Obi cautioned his colleagues against sharing the proceeds of the Excess Crude Account. “The book is a must read for all , especially for governors who want to share all; it will help us to understand the issues,’’ he said. The author said the book was an avenue to commend the effort of the past economic team during the administration of President Olusegun Obasanjo. The book reviewer, Prof. Paul Collier, lamented a situation where revenue didn’t cover the payroll, let alone investment agenda. He described it as “truly alarming and truly irresponsible”of the Nigerian government. He said: “In her first stint as Finance Minister, good fortune was on her side as oil prices were rising. “In this second term as Coordinating Minister for the Economy, fortune definitely is noton her side. “The world is much more a more dangerous economic arena than it was a few years ago. I have never known it so dangerous.” He called for prudence and logic, “which demand a high rate of investment from your oil revenues. “Without that, what will your children say about you? So, an integrity agenda, a structural agenda and a macroeconomic agenda are the options to pursue.” Collier warned Nigerians that “it is your struggle, not mine, and I am very conscious of that but let me urge you to be the next Germany, to make past failure the foundation for future success. “Just like Germany is the best run economy in Europe, you can be the best run economy in Africa.” http://thenationonlineng.net/new/news/were-going-after-corrupt-governors-says-fed-govt/ |
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