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| Peter Obi |
Some of those that contributed in putting the nation in it's present quagmire by refusing to invest and save for the future, are today in government blaming past government for their failure to improve the nation's economy, says Mr. Peter Obi, former governor of Anambra State.
Mr. Obi said what they have failed to tell Nigerians is that they rejected the decision of then Federal government through the Minister of Finance, Ngozi Okonji Iweala, to invest in the Sovereign Wealth Fund (SWF), a programme that was meant to save fund for the nation to cater for a rainy day as presently experienced.
Speaking on a Channels Television breakfast show, Sunrise Daily, Mr. Obi recalled that Okonji-Iweala practically begged the state governors at the time on the need to save for the future through the SWF, but most of them refused and even went to court to get the federal government to allow them share the money among themselves, of which incidentally, he was one.
Worse still, and reports have shown that much as the governors then succeeded in sharing the money among their states, those states that even got the lion share cannot, today, show any substantial project they used the money to execute in their states.
Yet, most of them now in government of the day, are still among those going about spreading the propaganda that past admninstration, of which they were part of, ab initio, is responsible for their failure of the government they have since moved into, today.
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