From: Laide Raheem, Abeokuta
The Muhammadu Buhari-led Federal Government has been called upon to reinvest fund recovered from treasury looters back into the country’s ailing economy by way of infrastructural development.
This call was contained in a communique issued by the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSACGOC), at the end of the meeting of its National Executive Council (NEC) of the association, held on Monday in Abeokuta, Ogun state capital.
The communique, jointly signed by the President General of SSACGOC, Muhammad Yunusa and the Acting Secretary, M.O Abogonye, noted the call became imperative in the face of the economic hardship being faced by Nigerians particularly workers.
According to the communique, the high level of poverty in the country has increased criminal activities such kidnapping and trafficking of human beings charging the FG to take immediate and concrete steps to revamp the economy.
The Association, therefore, tasked the federal government to pursue vigorously and genuinely, the exploration and exploitation of agro-allied and solid minerals, as well invest heavily on agriculture to boost food security.
The communique further expressed dismay over the poor electricity supply in the country, which had forced many companies to fold up or relocate elsewhere urging government to explore alternative sources of power generation such as solar and thermal energy to lift Nigeria from the quagmire.
Meanwhile, the association has appealed to the federal government to speed up the passage of Postal Sector Reform Bill and Amendment of the Stamp Duty Act, to enhance revenue potentials of NIPOST and government at large.