Kayode Fayemi, the immediate past governor of Ekiti state has outlined how important it is to close the gap between the rich and the poor in Nigeria.
Fayemi talked about the gap in social class during his interview on the floor of the senate as a ministerial nominee earlier today.
“Poverty is clearly deep in our country. If you look at our manifesto, we put it at a figure of about 110 million Nigerians who live below the two dollar per day margin in our country.
“It is not really poverty, it is inequality. You cannot have progress in any country, where one per cent of the population controls 80 per cent of the resources.
“The second issue to tackle, which I believe our government is taking head long is corruption.
“The amount of leakages in the system in our country is unacceptable and we need to do something fundamental about it.
“Leadership by example would have to be where to start. We need to reduce significantly the recurrent expenditure in our country.
“We also need to ensure that crime is linked to sanctions so that impunity will not continue to drive the country deeper and deeper into poverty” the ex-governor said.
Kayode Fayemi has discussed extensively on the topic of diversifying the economy and job creation.
He further added:
“I met obligations in excess of 30 billion naira to banks, to contractors, to a range of people that government owed; and I took it in my stride.
“Completed virtually all the projects started by the Oni administration; paid off the bulk of the outstanding obligations to contractors and then we moved on.
“As governor, I borrowed; but it is not in the range of what has been bandied.”
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