Akwa Ibom state government has still implemented the recommendations of the post coronavirus economic reconstruction committee report submitted for several months to Governor Udom Emmanuel.
Audits revealed general apathy in the state government component as it grappled with unfinished projects and other governance issues.
The post-COVID-19 committee headed by Professor Akpan EKpo, professor of economics and former voter at Uyo University, recommended, among other things, the status quo of a reserve fund through the state government.
He also advised that the state government focus on agriculture, industry and as the main pillar of the economy in the post-COVID-19 era rather than relying on oil as the main source.income.
Similarly, the committee placed a lot of emphasis on industrialization, job creation, recapitalization of Akwa’s liquidity-troubled savings, and Loan Limited.
Others come with the creation of independent data generation establishments for the development of plans, the inauguration of an Economic Advisory Council to assist in the conceptualization, formulas and implementation of government policies and their implementation.
Speaking recently in a discussion with the media, Governor Udom Education said that since the government is a continuum, many projects, which add road infrastructure, can be left for the next administration in 2023.
Additional audits revealed that the absence of a state-known establishment did not help respond to the report of the National Bureau of Statistics, which ranked the moment in terms of unemployment, as it was unable to provide reliable knowledge of the number of other people hired.since 2015.
When the report was received, Akwa Ibom’s state government had established another committee, still headed by Professor Ekpo, to give its opinion on the committee’s recommendations.
But in an interview, the Executive Director of Policy Alert, a non-governmental organization (NGO) Tijah Bolton-Akpan, expressed dismay that the committee had not provided members with full copies of the recommendations, the main recommendations for implementation have been made for a long time.been in place.
Bolton-Akpan said the creation of a reserve budget in Akwa Ibom state is very much because the state is one of the richest in terms of petroleum derivatives, adding that this would save the state from volatility related to the value of oil abroad.Level.
He said the committee never added major points on how the budget would be controlled to say that, in any case, stakeholders should be informed of the failures in the federal government’s crude surplus account.
He said: “We have a lot of oil gains entering the state of Akwa Ibom, the government can be under that of the federal government and get a safe percentage as its savings for the future.It is vital that the state government has a flexible oil benchmark
“How would the fund be managed? The committee made no such arrangements.
“We haven’t looked at this vital report, it will be on the state government’s online page so citizens can interact with it, criticize it, and price up in terms of contributions.
“The creation of the reserve fund is good, but the main points of its control have been provided.”
Regarding the industrialization of the state of Akwa Ibom, he said that the state government should first claim its stake in existing industries in the state and tell other people in the state.functionality of industries.
Bolton-Akpan also said that the creation of independent knowledge-generating institutions, as recommended, is because it would save the state from long-term shame and assistance with planning.
He noted that if the government of the state of Akwa Ibom had had its own independent knowledge institution, it would hopefully have challenged the report of the National Bureau of Statistics, where the state was ranked at the time as unemployed with facts and figures.
Bolton-Akpan, who revealed that the state has much to gain from donor agencies if it has its knowledge institution, recalled that a bill for the Akwa Ibom State Bureau of Statistics had passed the first term of Governor Udom Emmanuel, but was never approved and therefore requested by the executive to forward the invoice to the State Assembly House.
“When you have no knowledge to paint on, governance is handled blindly.The state government will have to create a statistics firm and a law will have to be enacted to create that signature,” he said.
Regarding the recapitalization of the state monetary institution, savings and Akwa loans, Bolton-Akpan warned that corporate governance should be strengthened and not re-politicized, as this was the alleged cause of the bank’s liquidation in the first place.
Speaking about the status quo of a permanent economic advisory committee, he said it would be more participatory for the state government to convene a public assembly where citizens can have a direct say on the problems they face before budgeting and not just teachers who have ideas..
In addition, with regard to investment in agriculture, he said that the maximum government investment in agriculture was in the planting of coconuts, which he said had no effect.
He said that while focusing on money crops, the government analyses food production and provides farmers with credit facilities.
foreground
IF the Malian political class, especially the of the ousted president, Ibrahim Boubacar Keita, had agreedArray..
Claiming the mantle of the “law and order” candidate, President Donald Trump gives himself as Array leader.
Smartphone brands are releasing their weapons in the last quarter of 2020, in addition to the annual flagsArray.
ROLLS-Royce Motor Cars Lagos, the exclusive representative of the iconic luxury brand, has developed a special Array package.
By Nigeria-born Rasheed Sobowale, Kaycee Madu, who has been appointed Canada’s new Minister of Justice in his opinion …
VICE President of the Presidential Working Group on Access Roads to the Port of Apapa, Mr. Kayode Opeifa, that the truckers Array ..
American singer Akon laid the foundation for a new green and futuristic city in Senegal, which will be his so-called Array..
By Owei Lakemfa THE PRESIDENT Muhammadu Buhari reviewed last Tuesday the last 3 years of his management and relaArray..
A guest from another planet, versed in economics, who arrives in Nigeria and reads our newspapers will have to wonder if Array …
My colleague and a wonderful journalist reminded us of Lazar’s words because he was doing precisely the opposite.Published Array..
This holiday season, I intended to embark on a critical investigation into theological strength.
By Douglas Anele Consequence of an unjustified widespread hatred, especially in northern Nigeria, Ndigbo theArray..
We’re all going to die. The purpose is to live forever, the purpose is to create anything that does – Chuck Palahniuk.In the last yesArray ..