Incoming Govt Must Block Revenue Leakages – Hafiz Kawu

Incoming Govt Must Block Revenue Leakages –  Hafiz Kawu
  • PublishedJanuary 22, 2023

Hafiz Kawu, member House of Representatives, has affirmed that Nigeria’s survival is dependent on the successful blockage of federal revenue leakages by the incoming government to ensure all revenues generated go straight to the Federation Account.

He made this assertion while answering questions from newsmen at the Correspondents Chapel Dialogue meeting in Kano on Sunday.

Kawu admitted that the administration of President Muhammadu Buhari has made every effort to ensure prudent utilization of loans obtained from both domestic and international lenders.

He opined, “Nigeria, today is having serious infrastructural development projects all over the regions and this clearly shows that the loans collected have not gone down the drains” .

Kawu further affirmed that the loans taken by the federal government were not used to pay salaries and overheads but rather channelled to infrastructure strictly on the principle of Build-Operate-Transfer, BOT, system.

“This means that the same projects would be used to have enough money for the country and also pay back the loans collected,” he stressed.

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