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Thursday, April 18, 2024

#SoundOff: Why Is The Buhari-led APC Gov’t Obsessed With 13% Oil Derivative Of Rivers State

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by Kalu Aja

The ruling All Progressives Congress (APC) is behaving as if they can’t govern the country without 13% oil derivation funds.

A whole federal minister, overseeing the ministry with the second largest capital vote in Nigeria relocated to “monitor” a state re-run elections for legislative seats.

It makes one ask, so what’s more important to the ruling party?

One can’t also help wondering that if the policemen and army officers being deployed to Rivers are sent to Agatu and the Middle belt, food prices will fall, inflation will drop, interest rates will fall, SME will borrow cheaper, jobs will be created… but no… 13% is more important.

Kalu Aja is an advocate of limited government and a fiscal conservative. In his day job he is a financial adviser. Connect with him on Facebook.

The opinions expressed in this article are solely those of the author.

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