The Director-General, Voice of Nigeria (VON) and chieftain of the All Progressives Congress (APC), Mr. Osita Okechukwu, has blamed former President Ibrahim Babangida for the rising insecurity in the country.
Okechukwu said Babangida’s government planted the seed that generated the “Extreme-Poverty” class in 1986 through his Structural Adjustment Programme (SAP).
In a statement on Sunday, he said that SAP gave birth to insecurity, stressing that it calls for introspection and deep reflection on how the country became the world poverty capital and how best to exit fast.
He said: “Yes we of the APC pledged to fix security in our dear country in every particular matter. That’s our pledge, and to be honest, we are deploying billions of naira and every material and human resources to contain it.
“However, we are confronted with extreme poverty planted in 1986 by the IMF Structural Adjustment Programme (SAP).
“The day SAP was born was the day the gross economic inequality and insecurity in Nigeria was born. It has badly mutated since 1986.
“To be exact, no matter how much trillions of naira we spend on military hardware, or how many times we change security chiefs, with extreme poverty security will remain a mirage”.
Okechukwu said the primary solution is to return to mixed economy model clearly stated in section 16(2)(c) of the constitution which supports economic system operated in the hands of few individuals or of a group, thus creating “an artificial economic model where there is an ocean of poor people and island of rich people”.