UNIZIK Business School: 66,000 Projects abandoned in Nigeria…….Prof Moghalu ----15,000 of it in South-East


www.odogwublog.com reports that the former Deputy Governor of the Central Bank of Nigeria (CBN) , and Presidential Aspirant, Prof Kingsley Moghalu has described the Five Hundred  Million (N500B) Intervention fund by the Federal Government as a joke hence the first thing he would do if elected President is to suspend the disbursement as it is a waste pipe.
Delivering a lecture as a Guest Speaker during the Dr Emmanuel Egbogah Budget Roundtable organized by the UNIZIK Business School (UBS) at the Nnamdi Azikiwe University Auditorium, Awka , Prof Moghalu lamented that Nigeria has so many visionless leaders taking critical decisions for the generality of the masses.
On the projects abandoned by the Federal government in Nigeria, Prof Moghalu announced that Sixty Six thousand (66,000) projects are abandoned across Nigeria while Fifteen Thousand of these projects are abandoned in the South East.
He lamented that only 20 percent to 30 percent of the Budget is spent yearly even as he advocated for Nigeria’s restructuring based on regions. While announcing that Nigeria is a broken country, Moghalu said the concept of zoning which is not even constitutionally has derailed the fortunes of Nigeria hence Nigeria he said is not a nation but a country and urged all to join forces with him to build Nigeria to become a nation.
 He regretted the perennial failure of budgeting process in the country saying that Nigeria needed three things to bounce back which is to make it a nation, fight poverty which has stolen the country’s democracy and restore the dignity in the world as greatest African nation.
Prof Moghalu even called for a revolution in voting pattern in 2019 for life to be meaningful for its citizens , warning on the dangers of remaining with the old order. He said he would announce his political platform in three weeks time.
He announced that he supported enhancement of Education and investment on people instead of spending unnecessarily.

UNIZIK Business School: 66,000 Projects abandoned in Nigeria…….Prof Moghalu ----15,000 of it in South-East UNIZIK Business School: 66,000 Projects abandoned in Nigeria…….Prof Moghalu  ----15,000 of it in South-East Reviewed by Odogwu Emeka Odogwu on Monday, May 07, 2018 Rating: 5

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