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FG confused in governance policies, claims to be listening- Prof Moghalu

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Sorry for your fall on parade ground- Obi, Atiku to Tinubu

Former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Moghalu, has said recent actions from the federal government concerning some of its policies showed confusion.

 

Professor Moghalu, a former presidential candidate of African Democratic Congress, said the President Bola Tinubu-led federal government cannot pretend to be listening to the citizens and criticism from experts as reasons for canceling some of the policies from the administration.

 

The Professor of Political Economics said recent withdrawal of policies the federal government implemented after several criticisms showed the Tinubu-led administration lacked “deep thinking, planning and coordination”.

 

The President of Institute for Governance and Economic Transformation, Africa, added that a “fundamental level of incompetence” was responsible for the “flip-flop” actions of the federal government in its policy actions.

 

READ ALSO: Economist, Financial experts advise FG against too much taxes

 

Moghalu said, “Confusion cannot masquerade as governance. Constant flip-flops in policy announcements point not just to lack of deep thinking, planning and coordination, but to a fundamental level of incompetence in governance that cannot be excused by “listening”. Our problems are deep.”

 

The former CBN’s deputy chief’s criticism came after announcement by the Minister of Information and National Orientation, Mohammed Idris, on Tuesday, May 14, after the Federal Executive Council (FEC).

 

Mohammed Idris said President Tinubu ordered the suspension following deliberations by members of the Federal Executive Council (FEC).

 

Idris said the suspension would allow the Cybersecurity levy will under go review. “The position of the Federal Government, from the Federal Executive Council (FEC) meeting of yesterday (Monday, May 13 and today (Tuesday, May 14), is that the cybersecurity levy has been suspended. It will undergo a review,” Idris disclosed.