The Festus Keyamo's Big Begging
“We were in a deep hole in 2015. And between 2015 and now, we have been digging ourselves into a deeper hole. We thought we had a big problem in 2015. 2015 is nothing compared to what will happen in 2023,” Former Central Bank of Nigeria’s governor Sanusi Lamido Sanusi said.
“We have terrorism, we have banditry, we have inflation, we have an unstable exchange rate, and the worst thing is that those in leadership actually think we are going to thank them when they leave office, that we are going to appreciate them. There is no change,” he added.
“Nigeria is the only oil-producing country that is grieving at the moment when oil prices have gone up as a result of the Russia/Ukraine war,” he said, adding that the nation’s inability to service its debt is evidence that “we are in a mess.”
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May I add - with #pvc there is hope. Use it wisely in 2023. Forget those students who claim they will do well in an exam but never have the capacity to explain sample examples in class! Yes, do not give the jobs to “leaders” who will magically have answers after inauguration but have no capacity pre-election.
Festus Keyamo's Big Begging
In another evidence that things are really tough in the nation, the Minister of State for Labour and Employment, Festus Keyamo, is asking parents to beg lecturers to return to classrooms as the ASUU strike continues: “The proposal ASUU is talking about is N1.2 trillion. I will tell the parents, go and beg ASUU. Like the president said, those who know them should appeal to their sense of patriotism."
The Minister of State for Labour and Employment, Festus Keyamo, has said the federal government has no money to meet the demands of the striking Academic Staff Union of Universities (ASUU).
Mr Keyamo, newly appointed as the spokesperson for the All Progressives Congress (APC) presidential campaigns, asked parents to beg ASUU members to return to classes because the federal government would not borrow money to meet the demands of the lecturers.
He said this on Friday during an interview on ‘Politics Today’, a programme on Channels Television
Mr Keyamo said the meetings ASUU had with the Nimi Briggs committee were done without the input from the Ministry of Finance and other agencies with roles to play in the implementation of the recommendations.
If not that Arthur Nzeribe is dead, he could have lent money to Nigeria (recall the rumuor, shared in primary schools in eastern Nigeria decades ago, that he was only poorer by 25 naira to Nigeria’s treasury!). But since he is no more, what are the real options?
The minister said the federal government could not meet the financial implications of the Briggs committee, hence the need for fresh negotiation.
I just hope they do not print more money: "Since 2020, Nigeria’s money supply has exploded from N28.8 trillion in 2019 to now N48.8 trillion in June-2022. This is a 69% increase in Money supply (M2). "
If the option of begging becomes plausible, it cannot still be under the APC regime, so the least they can do is to step aside.
I am never a fan of ASUU, but there's no way ASUU can be asking for over N1 trillion if the FG doesn't keep living like there's money somewhere; so it's difficult to tell someone to fast when you keep eating and drinking to stupor.
We have lost control of everything, from security to education, and the economy as a whole, yet the same people who have demonstrated unparalleled level of incompetence are still asking for another turn.
This joke needs to stop soonest.