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Ezekwesili, had while delivering a keynote address at a one-day dialogue session on the ‘Cost of governance in Nigeria,”organized by the Civil Society Legislative Advocacy Centre with the support of the Federal Public Reform Administration of the UK, added that banks earned N699bn as interests last year on loans secured by the government.
“Since 2005, the National Assembly members alone have been allocated N1tr,”she said while also lamenting that “82 per cent of Nigeria’s budgetary cost goes for recurrent expenditure.” She referenced a research conducted in the United Kingdom which placed Nigerian legislators as being the highest paid in the world to back up her claims.
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When you have a problem, you don’t leave the problem and begin to chase other matters.
“I feel sorry for any person who is fairly okay in this nation and doesn’t care about the poor because there will be an implosion.
Ndoma-Egba told one of our correspondents that the National Assembly received far less than what the other arms of government were allocated in the national budget.
He said, “I don’t know how she arrived at the figure.