Former Unbiased Nationwide Electoral Fee (INEC) Chairman, Attahiru Jega, has cautioned the Nigerian authorities towards blindly following the recommendation of ‘Bretton Woods establishments,’ significantly the World Financial institution and Worldwide Financial Fund (IMF).
Jega gave this recommendation on Wednesday whereas talking on the Chartered Institute of Administrators of Nigeria’s (CIoD) 2024 Annual Administrators’ Convention.
He argued that blindly following these establishments’ recommendation, as seen with earlier Structural Adjustment Programmes (SAP), can lead to financial and social issues.
As a substitute, Jega advocated for good democratic governance based on constitutionalism and the rule of legislation.
“That’s the reason it’s higher to give attention to good democratic governance slightly than simply good governance as conceptualised and promoted (imposed?) by the Bretton Woods establishments to rationalise the failure of SAP and its profound adverse penalties on socioeconomic improvement within the nations compelled to introduce and implement it,” Jega stated.
“Therefore, to re-echo my typically re-stated and repeated argument, what Nigeria wants and requires isn’t merely ‘good governance’ as conceptualised by the World Financial institution and the IMF, however good democratic governance, anchored on constitutionalism, the rule of legislation, lawful conduct by elected public officers, representatives of the individuals and their appointees, circumscribed by skilled, ethical and moral conduct, in addition to selflessness.”
Jega, nonetheless, known as for reforms in Nigeria’s management recruitment course of to deal with the difficulty of the shortage of preparedness amongst many leaders as a crucial problem dealing with the nation.
