FLASHBACK SERIES: SPECIAL FOCUS ON NIGERIA’S SPENDING SYSTEM
What a country endowed with numerous resources but has people who are not only corrupt but venoms of waste; squandering back, front, right, left, center.
“Over 30 trillion is mismanaged, unaccounted for or missing under —-“
” —- asked —- to change N10B to foreign currency for —- delegates”
—- was paid unnecessary N13Billion
—– dug a pit toilet to hide $32m.
—- sued the country and collected $31m as claims
—- used trucks to load over $35B
15 billon dollars missing from —– fund,
10 billion naria, converted to dollars and given as gift to delegates of a — convention
N12. 7 billion for deceased staff of —- grew wings and disappeared,
20 billion dollars missing from —— accounts
23 billon naira as bribe for —- election.
“For seven months, —- did not remit any money into federation account”
“—- was told to save ahead of eventualities but — had no political will to do so and this is the reason why we are in crisis, because we squandered our boom.”
“Despite warning from economic experts,—refused to save for unseen future of the country”.
“—- is a blessed ATM machine that does not have secret pin number”
“Our reserve is depleted and our savings are squandered. Our country is in trouble”
The list continues…..
recession did not just happen, people looted, mismanaged and plunged Nigeria into it, this country is on the verge of anarchy.
