Double dilemma for the embattled Aviation Minister-Stella Oduah, as Sahara Reporter have reported that another agency- under her control have bought 4 Stretch limos in addition to Toyota Tundra her in June 2013. Although the report is unconfirmed officially, it may worsen her public perception and her Ministry as corrupt laden.
Although the cars is said to be meant for VIPs, the official position of the Aviation ministry is awaited to diffuse this present scandal.
Showing posts with label aviation minister. Show all posts
Showing posts with label aviation minister. Show all posts
Tuesday, October 22, 2013
Sunday, October 20, 2013
The 4 trillion naira cost of Aviation Minister’s cars
Princess Stella Oduah-Ogiemwonyi
Source: By Nnabros (Own work) [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons
There are many factors to be considered for every decisions to be taken especially when such action, inaction or mis-action has impact
on people in your immediate circle.
Most actions do, the outcome of our actions have impact on
more than one individual immediately or at a latter time. Certain categories of
people who have greater impact are people in the leadership position in it
various forms.
The miscalculation of any leader can have a devastating
outcome. Therefore action or inaction should be weighed very well. Political
decisions can be legal but unnecessary, it may be necessary but not expedient, normal
but expensive and legal but economically unjustifiable.
Princess Stella Oduah-Ogiemwonyi, the Aviation Minister last
week made a procurement of 2 expensive armored vehicles. The minister in one sweep
bought what many LGAs in Nigeria try to accommodate in their annual budget they
would only be left with kobos as change.
She has justified it that she has many apparent enemies which
the armoured vehicle would protect her from. Her tribe men and women have rose
to her support, it is a usual thing in Nigeria. Bode George had a rousing
welcome from prison after stealing common patrimony ,Al Mustapha was welcome
with large crowd in Kano even though many Yorubas have the feeling he has kill
one of their own.
Our dear 51years old Princess have presided over the purchase
of adult play toy which have been delivered. But one thing is that there is a
futuristic cost of her action and opportunity cost of such action. But the
255million naira can be used for many things even in the Aviation Sector. If
the same amount of money was to be invested in a viable government undertaking,
at a conservative return rate of 10% annually and roll over for the next
30 years.
In the next 10years, when the beautiful Princess should be
61years of age and PDP maybe out of power then and out of scheme at the centre
that money should have compounded into at least 600million naira, when she is
71years same must have turned into 1.8trillion naira and by the time she is
81years the money must have transformed with abundant “fresh air” to more than 4 trillion
naira that is close to the present Nigeria annually budget. Those armored
vehicles would have been in antique collector junkyard by then anyway.
So much for luxurious moving steels for the Princess.
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