Yusuf, who is also the founder/CEO, Centre for the Promotion of Private Enterprise, said, “It boils down largely to the political will to compel them to remit what they are supposed to remit. Many of them are richer than the ministries that supervise them, and they live large correspondingly.
“And if the deficit is not high, the need to borrow will be much less. But year in, year out, there is huge recurrent expenditure; maintenance, travels and such things are examples and it is a big issue.” “They should remit their revenue to the government and they would be given what they want. That is the way to increase revenue. Otherwise, this borrowing is getting too much,” he added.
“You would find that some of the heads of the agencies are even more powerful than the minister because they control a lot of resources. The MDAs should remit their budget, and maybe it will reduce the borrowing because we are told they are borrowing because they don’t have revenue. Let there be transparency.”
The President had said no Minister has any right to query or remove any of his appointees in the MDAs. So the MDAs saw a scholarship and they are using it. Who would not?
When we published that the Nigerian Government is no different from a criminal enterprise, some took offense and pointed out that we were destroying Nigeria's reputation (as if). They encouraged TwitterBan but failed to learn about Afghanistan.
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