I agree to this.
Why borrow from unclaimed dividends when the Federal Government can choose to cut down expenses accrued from their extravagant expenses, allowances and upkeeps?
But no! They are not ready to sacrifice anything from their own pockets, but they are ever ready to take from others.
I’m sure its no news that the Federal Government plans on claiming unclaimed dividends from Nigerians. And although, they promised to return it, I wonder why Nigerians choose not to believe that they will.
Well, it turns out that they have every right to take these unclaimed dividends as a Financial Act signed into law last December by the President gives the Federal Government the right to do such.
Well, this new directive has met with a lot of disapproval from Nigerians, but it doesn’t seem like the Government is backing down from their new plan and now the Socio-Economic Rights and Accountability Project (SERAP) has step in through an open letter addressed to President Buhari.
In the open letter, the President was urged to desist from this new plan and honor the people’s right to property. But even with this, I think that it is very possible the Federal Government will go through with their plan.
And when they eventually do, to who are they accountable to?