By BAYO OBAJEMU

In an exclusive chat with Business Hallmark, the former managing director of Diamond Bank and a governorship candidate of All Progressives Grand Alliance in Abia State, said the cost of running a bloated government and bicameral legislature is high, saying a situation where much of budget goes into recurrent expenditure which is maintaining a bloated government, is not sustainable and may lead to a collapse of the economy.

He emphasised the need to cut cost , adding that what countries like Senegal and Mauritania did is a model Nigeria should follow. The two countries did away with bicameral legislature in preference of unicameral model to reduce the cost of governance

LEAVE A REPLY

Please enter your comment!
Please enter your name here