Nigeria’s government has been inconsistent in policies and its implementation.
The President of the Trade Union Congress of Nigeria, TUC, Peter Esele, on Tuesday blamed the country’s slow economic growth on inconsistency in governments’ policies.
Mr. Esele said in Lagos that unemployment and lack of infrastructure were some of the effects of such policies somersault in the country.
“What we are now seeing is the result of those policy inconsistencies, policy somersault that you always have from government. The civilian administration from 1999 to 2007 said they spent about 10 billion dollars on power. And, I know that is a million dollar for you to generate one megawatt.
“If you actually deploy 10 billion dollars to power, it is equivalent to 10,000 megawatts. And right now, we are still in 3,000 -3, 500.
“What that means is that those billions of dollars from 1999 and 2007 that was expended didn’t go to the source. Because, if that had happened, 10,000 megawatts would have given us a near 24 hours power supply all over the country and it would have been a catalyst for employment,” the workers boss said.
He said that the “poor handling of such huge fund showed that unemployment in the country is result of a failed policy”.
Mr. Esele also said that lack infrastructure like roads had affected the growth and development of the nation’s economy.
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