THERE ARE PLOTS TO KEEP THE PRESIDENCY IN THE NORTH IN 2023- ITSE SAGAY
What has your committee advised the president on the immediate action to take in this instance?
I have already on behalf of the committee stated that the interim committee should be dissolved and that the minister of Niger Delta should be made to resign or should be removed, and a fresh task should be given. I also recommend that whatever group that is appointed, because I know that the National Assembly has already approved some appointments, there should be a monitoring committee that will monitor them and monitor every contract that is awarded; not only monitor in terms of the project, the cost of the project, they must monitor the progress of the project and make sure that the project is being completed at a certain pace agreed upon at all times, otherwise, they should raise the alarm. It needs extreme monitoring and new group of people who will handle the job of managing the NDDC.
Many believe that you are no longer critical of the government since your appointment as PACAC chairman; that, this is not the Prof Sagay that they used to know, as everything the government does seems to be okay with you. What do you say to this?
I don’t regard myself as a top shot in this government; I just head a part time committee. So, I just do my own little thing in my little corner. To say that I don’t criticize the government may not be quiet correct. But now and then I have expressed views, which are pointing out a different direction to what government is doing at a particular time. So, it is not true. Of course, I don’t make it a habit of criticising the government because it is my government; I’m at the periphery, but I’m part of it. It is not everything that is wrong that I’m going to pronounce in public. There are certain things we send in terms of advisory and there are other things we say at meetings with the authorities. It is not everything that you hear from me in public, but on a few occasions, for example my views on Salami Panel you just said, were publicly expressed, but I cannot do that for every issue.
This talk about loans; every time, we hear government is borrowing, are you not concerned that your children and grand children will be saddled with the payment?
We Nigerians always find problems where they don’t exist. The economic experts have informed us and I believe them that we are still within the level of borrowings by comparing the borrowings to our GDP. We have to trust people. But even more important than that, I know that every kobo borrowed by this government is channelled into some productive activity, which eventually is going to yield the money we will use in paying back the loan.
The railways for example, we are going to charge a little bit above the running cost, the excess will go back in to the Chinese. The same thing with the Second Niger Bridge, which is definitely going to be a toll bridge when it finishes, and many roads are going to be tolled. A lot of these monies are going into infrastructure. If you have noticed, most of it is going into infrastructure, without which we can never move forward in this country, and that type of infrastructure is the one that can make financial returns on investments; those are what we are going to use in paying back the loans.
As long as we have not exceeded the level of borrowing our economy can carry and the money is being productively directed such that we are going to have the tolls to generate money that we use in paying back the loans, then I’m not worried.
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