Edo State Transition Committee and Stakeholders Meeting

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What Governor Obaseki said;

…Nigeria slipping into debt quicksand

…INEC on the right track to halt electoral fraud

…service delivery should be politicians watchword.

“There is a social contract between the governed and the people in power. As leaders, you should provide sustenance for the people to live right. This contract creates the room for the people to live well but it looks like the leaders have broken that contract.”

“We need to change the narrative and ensure we keep the contract with the people,”

Edo State Governor, Godwin Obaseki also raised an alarm over the country’s rising debt profile and lack of income from sources other than crude oil.

He noted that the major oil giants like Chevron and Shell no longer invest so much on oil as was obtainable in the past.

The governor, explained that Chevron is now one of the world’s highest investors in alternative fuel, adding that with the activities of Shell in the recent past, its more likely than not, that it intends to pull out of Nigeria.

“In another year or so, where will we find this money that we go to Abuja to share every month? Last month, we got FAAC for March.

“We say remove subsidy, they say no. This April, next week again, we will go to Abuja and share. By the end of this year, the total borrowing is going to be in excess of ₦15 to ₦16 trillion.

“My worry is that we will wake up one day like Argentina, the naira will be ₦1,000, ₦2,000 and will be moving because we don’t have money coming in. You are just borrowing, borrowing and borrowing without any means or idea of how to pay back.”

Obaseki also spoke about the 2023 general elections, noting that politicians whose aim is to buy or manipulate votes during the polls will find it tough doing so.

He backed the Independent National Electoral Commission (INEC) on the deployment of technology to track and monitor elections in the country.

“INEC itself had also begun its own process of change. They have been worried, scandalised by what happened in Kogi and Bayelsa and were trying to redeem themselves.

“So using technology, they made sure that as soon as you finish voting in the polling unit, that result was transmitted and uploaded straight into a portal so they can see the pattern which makes it difficult to change results at the collation centers.

“That was what helped us. So any candidate or political party that does not see this and expects that we will do business as we used to do before, is taking a huge risk.”

He concluded by saying service delivery is the only way to keep electorates happy so you can continue to get their votes.

Chris Osa Nehikhare
SPS PDP EDO STATE