“If anyone thinks that governance is about going to Abuja to collect money, use part of it to pay workers and use the rest to award contracts, then that person is mistaken.” – Former Governor, Central Bank of Nigeria, Prof. Charles Soludo
Background To Soludo’s Statement
Many state governments in Nigeria presently just get allocations from the Federal Government which they use to pay salaries and award (sometimes-wasteful) contracts. These states often had former administrations that borrowed away the states credit rating.
Now that oil has crashed, these states just live from hand to mouth. But Soludo, who is running for governor of Anambra State, is promising much more. Can he deliver? Many think he can. Only time can tell.