The Painful Tradition of Nigerian Politics

Nigeria is again set to withdraw another huge sum of money ($5.3 billion) to finance an urgent approach to the Nigerian power problem. In Naira terms, this translates to N602 billion. The money is to be withdrawn from the Excess Crude Account.There is nothing wrong with withdrawing money to finance a project that will be of benefit to the people. The problem is just that the money may not percolate down to target. This is because the tradition has been that of leadership mediocrity where huge sums are spent with nothing to show for it. To a lot Nigerians thus, the news of government plans to release $5.3 billion for power reform sounded painful.The immediate past government of Gen. Olusegun

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