First, snakes swallowed millions of Naira. Now, termites have joined the club of corruption: “Termites have allegedly eaten up some documents of the Nigeria Social Insurance Trust Fund (NSITF) containing expenditures worth N17.1 billion, officials of the agency have told the Senate.” If you can, read Premium Times report on the magic of termites! Nigeria, a nation in motion with termites terminating shared prosperity for citizens.
These documents are said to contain details of spendings by the agency in 2013.
The NSITF management stated this when it appeared before the Senate Public Accounts Committee (SPAC) on Friday.
Details of this expenditure and more are contained in the 2018 audit report of the Office of the Auditor General of the Federation (OAuGF).
In the report, which is now being considered by the SPAC, the OAuGF queried the agency for spending billions without appropriate supporting documents.
The management could not, however, justify the spending of the money when it was confronted by the panel
Of course, this will not change anything since the government can even boast that it has done a great job on fighting insecurity, Premium Times reports.
“The cliche that the government has failed has become a song that the opposition has virtually rammed down the throats of everybody without looking at the details of what we have done, the statistics and put them in a context. What the opposition has done in the last few years is to memorise some highfalutin words and those are the highfalutin words that the press repeats – government has failed, security has collapsed.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
“What did we inherit? We inherited the Boko Haram problem. At that time, they had taken over more than 14 local governments in the North-east and hoisted their flags. We inherited the farmers-herders crisis that had been going on even before Obasanjo’s time. These are existential problems.
“What have we done about those two problems? A club like El-kanemi Football Club of Borno that were playing their football matches in Bauchi because of insecurity— nobody could gather in one place in Maiduguri to watch a football match – now El-kanemi is back to Maiduguri, that is success.
“Boko Haram has not been totally wiped out, but it has reduced significantly because we constructively engaged our neighbours. We reduced them to almost nothing. I am not saying these things have totally wiped out, but on the scale of what we met and on the scale of what we have, it has reduced significantly,” Mr Festus Keyamo claimed.
---
Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.
A country that produces graduates in hundreds of thousands annually, and postgraduate holders in tens of thousands, yet we keep sinking lower and lower.
Whenever this sort of thing comes out, it diminishes all of us, because if we truly have better humans, then there’s no reason the worst of us should be representing us.
If we like, we can continue to swim in prejudices and irrational arguments. If we don’t start replacing cretins with quality humans, more embarrassing things will keep happening.
The ones that fainted and do off mic, has he be resuscitated? After the media rounds and memes, we just carry on as normal.
It’s a wonder that I share a country with all manner of creatures here.
One day we will hear mosquitoes bite account software the records were missing.