THE Founder of Afe Babalola University, Ado Ekiti (ABUAD) and Senior Advocate of Nigeria, SAN, Chief Afe Babalola, has stated that members of the National Assembly should only be entitled to a sitting allowance rather than a salary.
This was expressed by Babalola in ABUAD during the 63rd annual general meeting of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, headlined ‘Promoting Public-Private Partnership for National Development.’
The SAN urged President Bola Tinubu’s administration to carry out a comprehensive reorganization through a constitutional reform to address some obvious political and social inequalities in the system.
Babalola said there was a need to stop the humongous allowances given to former presidents, their vice, governors and their deputies, federal and state lawmakers as well other political appointees.
He also advised that officeholders should be forbidden from having foreign accounts.
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.”
He urged the Federal Government to ensure the safety of people and property in order to attract foreign investors to invest in the country.
The Governor of Ekiti State, Biodun Oyebanji, also urged the government at all levels to participate in Public-Private Partnership initiatives, calling them as the most powerful driver for economic development and prosperity.