Road Contract Or Share Allocation? Haba Prof! Public Procurement Is Not A Family Share-Out – By Pastor Prof. Chukwuemeka Ifegwu Eke
SERIOUSLY, PROFESSOR? ๐ณ๐๐๐ A government constructs a major road, and your new measurement of success is: โHow many Abians are on the board of Julius Berger?โ Haba! Was the contract for road reconstruction or for the compulsory allocation of Julius Berger shares and board seats? ๐๐๐ By this strange economic theory, before Toyota supplies government vehicles, Abians must sit on Toyotaโs board. Before Microsoft provides software, Abians must become Microsoft shareholders. Before an airline carries Abians, somebody from Obingwa must be appointed to its board! ๐๐๐ Let us conduct a small lecture. Public procurement is not ethnic wealth distribution. It…
