Nigerian activists on Saturday urged President Muhammadu Buhari in an open letter to slash the high cost of governance instead of cutting public services to tackle an escalating economic crisis.
“The paltry resources Nigeria invests in essential public goods and services that would benefit ordinary Nigerians can be partly explained by the high spending of public funds to finance a life of luxury for members of the National Assembly, state governors, and other powerful politicians,” Socio-Economic Rights and Accountability Project (SERAP) said in their letter to the President.
The actvisits said “decades of mismanagement and corruption, and deep-seated deficiencies in public financial management have directly contributed to higher levels of borrowing and public debts, and consequently, the economic recession. Successive governments have squandered the promise afforded by the country’s natural wealth and resources.”
The activists urged the President to use the opportunity presented by the economic crisis “to prioritise access of poor and vulnerable Nigerians to basic socio-economic rights.”
He should also “genuinely recommit to the fight against corruption. The country cannot afford getting back to business as usual.”
Nigeria is currently battling several crises at the same time – the economic fallout from the coronavirus pandemic and the fall in demand and prices of oil.