By Peter Obi
Distortions in the economy and fiscal policies have triggered instability of the Naira, The plummeting exchange rate is worrisome.
The Fiscal Managers should come up with a policy line or modality for arresting the value drift and restoring confidence in the National currency.
Also, denominating domestic transactions and contracts in foreign currency should be stopped forthwith.
Our public universities have been shut since 14 February, some five months and counting.
Our students and future leaders, are idling away at homes or in some undesirable places, while our government is spending millions in foreign currency, supposedly training public office holders in Ivy League universities across the world.
Such misplaced priorities and government misuse of public funds is no longer acceptable, while the future of our youths are being neglected.
Through such policy neglect, we are unwittingly breeding some societal misfits who will someday embark on vendettas & take revenge on our society.
As a matter of adaptive leadership, such trainings being sponsored with public funds should stop forthwith, until all our schools start functioning optimally. Meanwhile, such trainings if need be, must be mandated to happen only within Nigeria.
@views exclusive rights: Peter Obi, Labour Party presidential candidate, July, 2022.