Subsidy: Expensive Governance Must Go Too

Nigeria News News

Subsidy: Expensive Governance Must Go Too
Nigeria Latest News,Nigeria Headlines
  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 77%

Subsidy removal has been about the only advise Nigerian authorities have effectively resisted from multilateral financial institutions for over three decades.

The point, though, is the expectation that leaders of poor countries ought to be humble and more prudent with public resources. But this is seldom the case. They are frequently the ones who jet off to Western capitals with pomp and flair to solicit aide. They are more adept at wrong precepts and thrive in them.

But this is not a comparison between a head of state and an athlete. After all few people on the street ever know that Alberto Fernandez is the name of the Argentine president, or that Marcelo Rebelo de Sousa is the name of the Portuguese president. But every school boy can tell tales about Lionel Messi of Cristiano Ronaldo.

Materially, Mujica couldn’t possibly compare with a supervisory councilor – not to mention a local government chairman, state or federal legislators, governors, anyone in the cabinet or presidency for that matter. – Long convoys of the most expensive vehicles money can buy, retinues of aides, every kind of imaginable benefits without taxes and at the expense of the state.

It defies logic that a nation with a GDP per head of about $2,065 parades the highest paid legislators in the world whose outlandish accruals doesn’t come anywhere near their output in terms of legislative performance of oversights and other responsibilities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LeadershipNGA /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fuel subsidy removal: Putting the cart before the horse | TheCableFuel subsidy removal: Putting the cart before the horse | TheCableIn the run-up to the 2023 presidential election, I wrote a piece titled ‘2023 general election and the pleasure of presidential honesty on fuel subsidy’ published on November 30, 2022.
Read more »

Kukah Centre Commits To Promoting Women’s Participation In GovernanceKukah Centre Commits To Promoting Women’s Participation In GovernanceThe Kukah Centre in partnership with Global Rights, Kaduna State Peace Commission and the Foreign, Commonwealth and Development Office, (FCDO) at a townhall
Read more »

Subsidy removal: Oil marketers seek gas investment, pledge 100 mass transit CNG buses | TheCableSubsidy removal: Oil marketers seek gas investment, pledge 100 mass transit CNG buses | TheCableThe Depot and Petroleum Marketers Association of Nigeria (DAPPMAN) has called for increased gas investments, in order to provide an alternative to petrol use
Read more »

Cushion subsidy removal with palliatives, lawyer tells FG | The Guardian Nigeria News - Nigeria and World NewsPublic affairs analyst and a lawyer, Bernard Ayongo, has thrown his weight behind the removal of petroleum subsidy, describing the subsidy policy as a scam.
Read more »

Subsidy removal: Kano govt to work with NLC to improve civil servants’ welfareSubsidy removal: Kano govt to work with NLC to improve civil servants’ welfareThe Kano State Government has revealed plans to work with the state chapter of the Nigeria Labour Congress (NLC) in their effort to improve the welfare of civil servants, especially after the removal of subsidy payment on petrol.
Read more »

Tinubu: Subsidy and the uncertainty of hope | TheCableTinubu: Subsidy and the uncertainty of hope | TheCableBY WEALTH DICKSON OMINABO On Monday, May 29, Nigeria witnessed another democratic transition, with President Bola Ahmed Tinubu taking over the reins of leadership from Muhammadu Buhari. The transition signals
Read more »



Render Time: 2025-03-24 19:48:18