Thursday 28 July 2016

Gowon: Awolowo taught us to survive without borrowing

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Yakubu Gowon, retired general and former military head of state, said Obafemi Awolowo taught his government to survive without taking loans.
He also said budget padding did not take place during his time in government.
Gowon was head of state between 1967 and 1973, while Awolowo was minister of finance from 1967 to 1971.
Speaking with journalists on Wednesday, Gowon also called for the prosecution of those responsible for the padding of the 2016 budget in order to deter others from toeing the same path.
“If that is true. If anybody is doing that (budget padding), the person should be checked and stopped to ensure that such does not occur in the future.
“We didn’t it do it during my time. We had Chief Obafemi Awolowo in charge of our finance during my time and he taught us to survive without borrowing. Such (budget padding) should stop, there is no point doing that.”
Abdulmumin Jibrin, former appropriations committee chairman, last week alleged padding of the 2016 budget.

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