This Morning On channels television, Dr. Katch Ononuju, said that the president is killing the corruption fight he is starting by aiding corrupt governors with bail out. He criticized the action stressing that it would lead to an unprecedented inflation in the economy.
Some excerpts from the interview Dr. Ononuju: “The so called bailout is likened to a rainfall; the questions to be asked are would there be adverse weather?, YES! Would the Government take some prompt decision that would affect the poor and vulnerable?
“The best thing is for the Government to pay off what is owned in salary arrears to the workers across the country so that it could act as a tool for stimulus and once that is done, the Government can remove fuel subsidy. “So when you remove it, the poor do have money to conquer any adverse effects from the removal of subsidy.
“That’s the only way we can use one stone to kill two birds, he should release the money in piece meal and let it be like the Udoji salary commission payout in 1972.”
hmmm, is he really talking sense?
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