Corruption Is The Reason For Nigeria’s Recursive Growth
Vice President Yemi Osinbajo (SAN), has said that the significance of corruption on the nation’s development cant be downplayed as it has become the reason for Nigeria’s recursive growth.
Osinbajo said this at the Nation Building Workshop V – The Pathway To An industrialized Nigeria – Gala Night Of The Apostles In The Market Place Network held at Landmark Event Centre, Victoria Island, Lagos, March 23.
“When people talk about the Nigerian economy, the main problem we have is that we relied on a single commodity for so many years. That single commodity and the proceeds of that commodity were frequently hijacked by a few people, and that the few that hijacked it simply use it and privatise the money; and that the money was never used for the development that it ought to be rightly used.
“And l cited an example – the strategic alliance contracts, which was some kind of contract with the NNPC, represented by the NPDC at a time, and some individuals, of course; it was a collusive corrupt contract. The nation lost 3 billion US dollars; they simply lifted all and never paid back the money,” Osinbajo said.
To him, if $3 billion is spent in putting infrastructures, it could have built the Abuja-Kaduna-Kano road; 2nd Niger Bridge, Enugu-PH, East West road, Sagamu-Ore-Benin, Kano-Maiduguri, Abuja-Lafia-Akwanga-Keffi, plus Lagos-Abeokuta (old road).
“Corruption is really the root of our problem, even the decision on what to do is influenced by corruption. So we need to really understand that a culture of forthrightness, a culture of integrity and insisting on holding people to account for corruption is crucial and it is never going to be easy,” he added
The Vice President noted that corruption cant be solved overnight but effort can be made to make it right.
His words: “Everybody in the system fights against those who want to fight corruption…but the important thing is that there must be a determination to make sure that we plod along and that we push for holding people to account, that will push for a system that is put in place to prevent corruption; a system that prevents graft, a system that prevents especially some of the legal issues that we see frequently in government.”
The Vice President however urged participants at the event to imbibe work ethic that emphasises diligence and commitment, saying everyone who has succeeded has somehow managed to imbibe and emphasise diligence and hard work.
To Osinbajo, “There is no society that has a lack attitude to work that is very productive. A productive society is one where there is a culture of diligence of hard work and that is so important in the mist.”
The Vice President in his ending submission remarked the leadership of the AiMP “to better ourselves, to improve ourselves or for us to examine ourselves and our contributions in the society; to recommit and rededicate ourselves to a society; to serve the common goal of the people of our nation, and to serve those who are not in the position that we find ourselves and ultimately to do what it is that the Lord Jesus Christ has taught us to do.”