In a revealing interview with TVC News, Senator Orji Uzor Kalu, representing Abia North senatorial district, has shed light on what he perceives as significant financial mismanagement during the Muhammadu Buhari administration’s TraderMoni program....CLICK HERE TO CONTINUE READING.>>
The former Abia State governor critically examined the scheme’s approach to financial distribution, suggesting that the massive funds could have been more strategically allocated.
Thank you for reading this post, don't forget to subscribe!When you put N500 billion, you say you ‘dashed’ people N500 billion. We don’t know where N500 billion is going to be coming from,” Kalu stated, highlighting the lack of transparency in the program’s implementation.
Kalu proposed an alternative approach that he believes would have been more beneficial to the nation. “If this N500 billion can be given to people to go and cultivate crops from all parts of Nigeria, each senatorial district can have N10 billion to do different things,” he argued, advocating for agricultural investment over direct cash distribution.
The most striking revelation came when Kalu recounted an interaction with a minister during the 9th Assembly.
One minister came to the Senate in the 9th assembly, and said she shared N54 billion in two weeks,” he disclosed. Kalu’s response to this claim was one of profound skepticism: “I asked her, do you know what is N54 billion? These are the kind of lies and things I see government do that is not right.
His criticism extends beyond this specific instance, suggesting a systemic issue of financial accountability in government operations. By questioning the distribution of such large sums without clear tracking or purpose, Kalu highlights a critical problem in government spending.READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>
