Sunday 13 November 2016

BABAGINDA REVEALVES WHY JONATHAN COULD NOT SAVE

– Mu’azu Babaginda Aliyu has rationalized why the previous government could not save 



– According to the former Niger state governor Jonathan’s government was handicapped by the 1999 Constitution 



– Aliyu says the 1999 Constitution should be reviewed 



The former Niger state governor Dr. Muazu Babangida Aliyu has exonerated ex-president Goodluck Jonathan of blame over the current economic recession in the country. According to Aliyu, the inability of the last administration to save part of its income was due to the government being handicapped by the 1999 Constitution, Leadership reports.

Aliyu made this known at the second edition of the NDEDI Annual lecture series hosted by Newgate college Minna, themed, “The Emergence of the Current Economic Realities Expectations on the part of government and the private sector.”

He said: “The constitution did not say we should save anything what the Constitution say to us is that we should generate and share, it will be illegal for us to say we want to save, the law does not allow it. “The 1999 Constitution did not think of any rainy day, the constitution says all money generated should be put in a pool and shared, to the he three tiers of government.” The former Niger governor said they were convinced at the time of the need to keep some money aside for eventuality which brought about the establishment of the Sovereign Wealth Fund (SWF).

He stated that even with the SWF, one of the governors at the time opposed the idea and challenged the idea in  court  albeit,  N2.56billion was  left by the PDP  government in 2015 when it was exiting. Aliyu called for the 1999 Constitution to be reviewed and imbed in it, a compulsion for all tiers of government to save no matter how little from their income. He said: “Such a constitutional provision will take care of the type of situation we have on our hands where not less than 26 States in the country cannot pay workers’ salaries.”

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