Tuesday 15 November 2016

FEEDS THROUGH THE ROT

The honeymoon between the looters and their subordinate has ended, many people has being feeding through the rotten system of economy, where contracts are subcontracted to relative at expense of real contractors. money disburse for other physical project not considering the social benefit and cost benefit, will be diverted into personal account to yield interest given a stipulated time for withdrawal.The beneficiaries of dubious amount gain from the unrighteous act are managing directors of government ministries, the deputies and their subordinates.Feeding through the rot does not end in siphoning of national wealth alone it has many branches, job scam and inflating price of good and services are also the integral part of it. This act has been in existent for so long, many families have benefited from it through unknown source if they ask a relative for assistant and he transfer a huge amount of money to their account without they knowing well where he get the money from so partially they are among the beneficiaries unknowingly.This process continues in sectors where government can't swing his nose like some filling stations, universities and hospitals.The banking sectors are the architect behind all this rot, they helped in keeping all the loot into their vault as to encourage more rot in the system. The new federal government policy as step on many toes by waging war against corrupt personnel in the society.Many are retired voluntary, while some are advice to retire for their own good.

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