Ex-President Olusegun Obasanjo has said a major challenge with the anti-corruption drive of the Federal Government is the lack of successful prosecution of high-profile corruption cases involving ‘Politically-Exposed Persons’.
Obasanjo added that despite the efforts of successive governments, corruption still posed a challenge to the progress and development of Nigeria.
The former President said this while delivering an inaugural lecture organised by the National Open University of Nigeria, in Abuja, on Tuesday.
The lecture was titled, “Leadership, Governance, and the Challenges of Development in Nigeria: The Way forward.”
Obasanjo, who admitted that Nigeria’s poverty and seeming lack of direction was caused by leadership, said the institutions in the country needed to be strengthened to ensure transparency and accountability.
He said, “Nigeria’s poverty, insecurity, lack of unity and cohesion, youth restiveness and seeming directionless are conscious and unconscious choices made by Nigerian leaders. The impact of corruption on the Nigerian society and economy has been devastating. It continues to affect the government’s ability to provide basic services and has negatively impacted on the wellbeing of the population.
“The lack of successful prosecution of high-profile corruption cases involving some Politically-Exposed Persons is giving a serious cause for concern both for Nigerians and the international community. We must take away the proceeds of illicit enrichment and remove negative role models in our society.”
Obasanjo noted that the government needed serious investments in the areas of human security and development of infrastructure.
“We must invest in areas that can improve human security including food, education, and health. Our budget must reflect a genuine commitment for the development of infrastructure such as roads, rails, power, ports and housing. When we spend 70 to 80 per cent of our revenue on recurrent expenditure, we have very little left for capital and infrastructural development. We should move to 50 per cent of our revenue being spent on capital development,” the former president added. Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
They should start from you.
ReplyDeleteIs everyone guilty until proven otherwise in the court of law in your case or assumed innocent till proven guilty.
ReplyDeletePlease use the whistle blower policy or even trumpet blower for all I care. The burden is on you to prove culpability.
VO Genesis
ReplyDeleteThe attraction of the network marketing business can be very strong with all the glossy magazines, motivational presentations and sharply dressed up-line. As the saying goes, "all that glitters isn't gold". This statement is especially true for network marketers in developing countries who face additional challenges. If you are passionate about your network marketing business succeeding in a developing economy, understanding the challenges involved is crucial to your success
VO Genesis Review
See who is talking. Ok nah
ReplyDeleteYou people pretends like you don't know how much damages your looting has turn the nation to. When the whole world knows that we don't have business with poorverty. Inspite of all these artificial calamity, the looting still continues till this moment, even future lootings are being strategized as many more looters are already campaigning for future elections.
ReplyDeleteWith all these happenings, you people now see reason you ALL need to have mass burial b/c this generation is ruined, but the worst is the future generations you people have also ruined their days by looting. How will such generation ever forgive you people, when the past people did not do such to you people. All of you went to free schools, scholarships, good economy with plenty food. Imagine the agony we youths are going through now, and with all these loot, people are already dehumanized, even future generations are not exempted. Why these level of wickedness???
No meaningful productions from the country for local consumption and exportation, but production of looters and also exporting the loots, burying the loots...etc What's all these madness about, yet these looters brags and even threaten to sue government who is meant to give them capital punishment. Very soon, all these shall happen, wiping off people without integrity in government without prejudice. If these set of people can sell Nigeria to foreign oil companies by collaborating to loot the country to stand still, then such Nigerian is not fit to exist.
You people pretends like you don't know how much damages your looting has turn the nation to. When the whole world knows that we don't have business with poorverty. Inspite of all these artificial calamity, the looting still continues till this moment, even future lootings are being strategized as many more looters are already campaigning for future elections.
ReplyDeleteWith all these happenings, you people now see reason you ALL need to have mass burial b/c this generation is ruined, but the worst is the future generations you people have also ruined their days by looting. How will such generation ever forgive you people, when the past people did not do such to you people. All of you went to free schools, scholarships, good economy with plenty food. Imagine the agony we youths are going through now, and with all these loot, people are already dehumanized, even future generations are not exempted. Why these level of wickedness???
No meaningful productions from the country for local consumption and exportation, but production of looters and also exporting the loots, burying the loots...etc What's all these madness about, yet these looters brags and even threaten to sue government who is meant to give them capital punishment. Very soon, all these shall happen, wiping off people without integrity in government without prejudice. If these set of people can sell Nigeria to foreign oil companies by collaborating to loot the country to stand still, then such Nigerian is not fit to exist.