Independent Media and Policy Initiative (IMPI) has disagreed with a recent statement by former Vice President, Atiku Abubakar, on the Federal Government’s plan to tap into pension funds assets to bridge Nigeria’s huge infrastructure deficit.
The group noted, in a statement signed by its Chairman, Chief Niyi Akinsiju, that by appending his signature to a statement, the former Vice President had shown that he was just out to be perceived as a government critic and opposition leader.
IMPI said: “The extent to which former Vice President Atiku Abubakar will go to confuse and create unnecessary alarm in the public place is disconcerting. This particular statement, like the others he had issued, was another concoction of innuendoes, manipulation of facts and the rendition of law with mischief in mind.”
“It is so perplexing because, with the years the former Vice President had spent in public service and his claim to being business-minded, he simply exhibited a crass ignorance of the Pension Reform Act, 2014 and its associated Regulation on Investment of Pension Fund Assets.
“For us, it is either the Vice President is innocently ignorant of the ethos of the Act or he preferred to resort to falsehood in canvassing a halt to the proposition by the Federal Government to unleash new possibilities in infrastructural development in the country with long term funding from pension funds assets.”
