HomeNewsAtedo Hails Tinubu for Ban on Public-Funded Foreign Trips, Calls on Atiku,...

Atedo Hails Tinubu for Ban on Public-Funded Foreign Trips, Calls on Atiku, Obi for Support

Published on

Renowned Nigerian businessman, Atedo Peterside, has commended the decision by former Lagos State Governor Bola Tinubu to impose a ban on public-funded foreign trips. Peterside’s praise for Tinubu’s move comes amidst calls for other political leaders, including Atiku Abubakar and Peter Obi, to follow suit and endorse similar measures.

Tinubu’s directive marks a significant step towards fiscal responsibility and prudence in government spending. By curbing unnecessary foreign trips financed by public funds, Tinubu aims to prioritize domestic development initiatives and allocate resources more efficiently.

In light of this development, Atedo Peterside has urged other political figures, particularly Atiku Abubakar and Peter Obi, to show support for Tinubu’s initiative. Peterside emphasizes the importance of bipartisan cooperation in promoting transparency and accountability in governance.

The ban on public-funded foreign trips reflects a broader trend towards greater scrutiny of government expenditure across Africa. As citizens demand greater accountability from their leaders, initiatives like Tinubu’s ban serve as a testament to the growing momentum for fiscal responsibility in public administration.

Atiku Abubakar and Peter Obi, both prominent figures in Nigerian politics, have the opportunity to demonstrate their commitment to good governance by endorsing measures aimed at curbing wasteful spending and promoting fiscal discipline.

As Nigeria navigates the complexities of economic recovery and development, it is imperative that political leaders prioritize prudent management of public resources. By championing initiatives like the ban on public-funded foreign trips, leaders can inspire confidence in their ability to steer the country towards prosperity.

Source: Business Day

Latest articles

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

Financial Exclusion Hinders Nigeria’s Informal Sector Growth, Report Reveals

A new report reveals financial exclusion is stifling growth in Nigeria's informal sector, highlighting the need for improved access to funding and banking services.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

ASITU Urges Southeast Governors to Intensify Efforts for Nnamdi Kanu’s Release

The Association of Igbo Town Unions (ASITU) commended Southeast governors for their recent decision...

More like this

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

Financial Exclusion Hinders Nigeria’s Informal Sector Growth, Report Reveals

A new report reveals financial exclusion is stifling growth in Nigeria's informal sector, highlighting the need for improved access to funding and banking services.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.