BEARS & BULLS
BULLS: Naija N1.5bn COVID-19 Scam
Nigeria is really an amazing country.
With only a dozen cases of coronavirus infections recorded in Nigeria, reports that the government has spent over N1.5 billion on activities relating to the virus is alarming. Nigeria hasn’t built any specific hospital to attend to those infected. The nation has only attended to twelve incidents which one individual accounting for N125million if the figures brandished on the media last week, are true.
At a time when the nation’s economy is in shambles as a result of the sharp decline of oil prices, it would be grossly unfair if coronavirus is used to embezzle the country’s already scarce resources.