Governors to blame for Nigeria’s lack of savings,’ Ex-President says

-
Obasanjo made the comments on Tuesday, September 27, during the 2016 World Pension Summit in Abuja.


 Former President, Olusegun Obasanjo has said that some of Nigeria’s past governors are to blame for the country’s lack of savings.

According to Obasanjo, the governor’s refused to allow him save excess oil funds during his tenure.
The former president made the comments on Tuesday, September 27, during the 2016 World Pension Summit in Abuja.
“I remember when I was in government and I told, particularly, the governors, ‘please let us save for the rainy days.’ They said no!” Obasanjo said according to Vanguard.
“There was no rain at that time, now that the rain has come; there is nothing we can fall back on to cushion us.
“One of the things that makes me very happy in the pension scheme is that in the last five years, when almost everything goes, concerning public funds, pension funds remain sacrosanct. I believe that the pension funds are something we must preserve, no matter what we do,” he added.


Obasanjo had earlier blamed former president, Goodluck Jonathan for the current recession saying that the Jonathan government was spending more than Nigeria was earning.






Source : http://pulse.ng

Comments

Post a Comment

Popular posts from this blog

Sponsored Post : Treat Arthritis, Joint pain, swelling of tendons.and more with Boscure and Boniac 2-In-1 Ultimate Bone Support (Call 08060812655)

-
Image
                                                            Boscure and Boniac 2-In-1 Ultimate Bone Support PACKAGE PLAN; 1month - N39,500 3months - N79,500 Active ingredients are Curcumin and Boswellia Curcumin is a naturally-occurring chemical compound found in the spice turmeric. Curcumin has been used as medicine for centuries in Asian countries, and curcumin has been shown to have antioxidant, anti-inflammatory and bone-building capabilities What are the benefits of boswellia? Boswellia is a resin herbal extract from the boswellia tree, which natural medicine practices have used for centuries. Its anti-inflammatory effects mean that it help with inflammatory conditions, such as rheumatoid arthritis, inflammatory bowel disease. Because boswellia is an effective anti-inflammatory, it can be an effective painkiller and may prevent the loss of cartilage. Does boswellia help with pain? Of these, Boswellia serrata is most commonly used for medicine. Boswellia is taken by mouth for brain
Read more

Sponsored Post : Treat Ulcer now with Norland Gi vital (Call or Whatsapp 08039145272)

-
Image
                                                         Gi vital is the number one product in Norland, solving all forms of gastrointestinal problem in the world,  this capsule regenerate the cell, organs, tissues and system of the body and restore their functions, it rejuvenate the body. it principles is based on stem cell . Benefits of Gi vital (gastrointestinal capsule) * Treats any type of ulcer without leaving a scar. * very good for HBP patients. * promotion of regeneration, Restoration and rejuvenation of body cells and maintain healthy body. * Stop hair loss . * Heals wound . * Manage anxiety and depression. * Enhances absorption of nutrients from food and treatment constipation Price : N15,000 Location : Ketu Alapere, Lagos, Nigeria Nationwide Delivery Call or Whatsapp 08039145272 Facebook Twitter Email WhatsApp STAY UPDATED WITH US Contact:  Infinity Productions  Call/whatsapp: +2348085014376 FOR YOUR ONLINE Videos/ Event promotions Advertisement/Marketing/Publicity COMMENT
Read more

Sponsored Post : Norland Propolis Lecithin for sale (Call or Whatsapp 08039145272)

-
Image
                                                                                                                       Norland Propolis Lecithin For effective treatment of Diabetes. Norland Propolis Lecithin is a natural antioxidant,suppress tumor and improve immunity  (flavonoids has a function to provide energy in the body), lowering blood pressure,  lowering blood glucose. (Hypoglycemic effect of flavonoids is the main factor preventing complications),  anti-fatigue, promote tissue regeneration (anti-infective) and other function.  Benefits:  * immunity Lowers  * blood pressure Lowers  * blood glucose Anti-fatique Promotes tissue regenerate Lecithin and protein are the most important constituents of the cell membrane;  It’s also the information transfer medium between brain nerves and brain cells. (Composes acetylcholine substances, the human body needs exogenous choline,  90% of which is provided by lecithin); Actives fat metabolism of the liver, help large particles break down, re
Read more