Chief Afe Babalola (SAN), the Founder of Afe Babalola University, Ado Ekiti, has called on the government led by President Bola Tinubu to undertake a comprehensive restructuring of the system through constitutional amendments. Babalola emphasized the need to address current political and social imbalances.
Babalola expressed concern over the excessive allowances granted to former presidents, vice presidents, governors, deputy governors, federal and state lawmakers, and other political appointees.
He further recommended that public officeholders be prohibited from having foreign bank accounts.
These statements were made by the Senior Advocate of Nigeria during the 63rd annual general meeting of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), themed “Promoting Public-Private Partnership for National Development,” held at ABUAD.
He stated, “Beginning from the 10th National Assembly, federal and state lawmakers should receive only sitting allowances and not salaries.
“What is being paid to the political office holders as severance packages while leaving office is outrageous and deplorable. It has to stop. All such perks should stop if the country is to make progress.”
An appeal was made to the Federal Government to prioritize the protection of lives and property to attract global investors to invest in the country.
Governor Biodun Oyebanji of Ekiti State advised governments at all levels to actively engage in Public-Private Partnership initiatives, recognizing it as a powerful catalyst for economic development and prosperity.