YMonitor Issue 086: Financial Sinkhole

The Badmouthers Association have gone gaga over the news that Nigeria’s Federal Government would part with a “tiny” sum of ₦1.5 Billion Dollars, approved for the Port Harcourt Refinery.

The claims are that there are too many holes needed to be filled in this country and refineries have forever been a sinkhole. And, the truth is they are right. They are financial sinkholes that this Ph.d-holdin-pot-bellied public officials have used to siphon monies since time immemorial with no end in sight.

Unfortunately for the average Nigerians, these self-satisfying politicians continue to waste huge funds of money with practically no common sense in their approach, makes you wonder if the government genuinely has our best interest at heart.

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