The presidential candidate of the African Action Congress, Omoyele Sowore, has said if Nigeria is truly broke as claimed by the President Muhammadu Buhari’s administration, the ministers would be the first to resign.
Sowore stated this in an interview on the African Independent Television (AIT’s) programme, Face of The Nation, on Thursday evening.
The AAC presidential candidate contended that Nigeria is not broke as a nation.
“Nigeria is not broke, as broke as they want you to believe, They are just saying it because they could not see money to steal. Because if Nigeria is truly broke, the ministers would be the first to resign,” he said.
Sowore also assured that if he is elected as the Nigerian president in 2023, providing access to education will be his foremost priority.
He said, “It will be a justiciable right. You will be able to sue the governors, councillors, and every other person in the realm of affairs if your son is denied education.”
Recent data released by the Federal Ministry of Finance, Budget and National Planning, revealed that Nigeria’s debt service cost in the first four months of 2022 was more than the country’s revenue, having gulped the sum of N1.94trillion between January and April as against a retained revenue of N1.63 trillion.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, while explaining the data had recently said the terrible state of Nigeria’s economy was because “Our debt service to overall revenue is high because we have a very large expenditure base.”
Similarly, the Minister of Labour and Employment, Chris Ngige, in July 2021 had said Nigeria was so broke that it would not be able to fund 2023 capital projects. The Labour Minister who has been negotiating with the striking university lecturers, the Academic Staff Union of Universities (ASUU), said, “I can tell you that Nigeria is broke. There is no money to fund capital projects next year. As you can see, the dollar that has been hovering around N500 and N600 is now above N700. The truth is that there is no money anywhere.”