#TheEclipseOfGovernance
The recent presidential approval of N37B for “renovation work” at the N/Assembly, says a little bit about the egregious priorities & targets that our politicians are consumed with. This is a targeted buccaneering work between the Presidency & lawmakers.
The recent presidential approval of N37B for “renovation work” at the N/Assembly, says a little bit about the egregious priorities & targets that our politicians are consumed with. This is a targeted buccaneering work between the Presidency & lawmakers.
For a govt that set out promising to make bring probity to governance, the following examples highlight its self-destruct: The surfeit of contradictns into which the operatns of governance have degenerated highlight most eloquently that it’s the eclipse of governance in Nigeria.
Buoyed into office by its demonisation of the petrol subsidy regime, the Buhari government has not only set high the pump price of fuel but is steadily overspending its predecessor on petrol subsidy. The 2020 budget has N450 Billion appropriated for petrol subsidy alone.
For a regime that has not demonstrated any enthusiasm about bringing professionals and proven private sector achievers into its administration, the few exceptions seem to be leaving a sour taste in the mouth. Former boss of the FIRS, Fowler is leaving office...,
... pursued by a wave of investigation into a questionable N40 Billion public fund mismanagement.
The example of Yewande Sadiku, the Executive Secretary of the Nigerian Investment Promotion Council (NIPC), seems more disturbing. A few days ago, she was invited by the Independent Corrupt Practices Commission, ICPC, over allegations of abuse of office.
She obtained an administrative bail & continue to meet investigators, she was also immediately slammed with a court injunction from a member of the Board of the Council, restraining her from further accessing all monies in the Council’s internally generated revenue accounts.
The vote books, showed that she had exceeded her approved spending threshold from the IGR account. Staff of the council accused her of employing 2 staff in October 2017, but records shows they began receiving salaries in January 2017, 10 months before their official engagement.
In three years, Yawande, according to records seen by this reporter, had embarked on over 70 overseas official trips without any single positive investment response to boost the country’s foreign direct investment, FDI. Nigeria’s chief marketing officer was conspicuously ....
... missing when President Buhari and a retinue of officials attended the Forum on China-Africa Cooperation conference, she was NOT in Japan, Germany and the recent Russia, Saudi foreign trips that the ruling party in Nigeria over-hyped, claiming will drive FDI into the country.
Confronted with these data, Yawande did not only attempt to draw a page from the ruling party’s playbook by blaming the President for de-marketing Nigeria, she is ensuring that she drags every staff and every board member that opposed her into the mud with her.
This #TheEclipseOfGovervance series shall continue next week with more details and a look at other agencies.
