Why World Bank cannot decide Nigeria’s destiny – Akpabio

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Senate President Godswill Akpabio says Nigeria’s destiny is not in the “hands” of the World Bank as the organisation does not understand the country’s challenges.

Akpabio spoke in Akwa Ibom on Thursday at a retreat on fiscal policy and tax reforms organised by the senate for lawmakers.

Nigeria has been a recipient of the bank’s programmes and loans.

“I believe that our destiny is not in the hands of or the fine print of the World Bank. The bank may mean well and can be of help to us, but they have not worn our shoes and they do not know where it pinches,” Akpabio said.

“It is our walk not their own, so while they talk, let us walk the walk. We wear the shoes and we know where it pinches.

“Every major national development was based on a road map designed by citizens of the respective countries.”

Akpabio said the senate would not welcome people who “whine” and do not believe that the country would progress.

“The senate has no place for people who whine or do not believe in the greatness of our country,” he said.

“The hallowed chambers of the senate are for those who believe that every setback in our country is a setup for a comeback.

“Today more than ever before we must come together in optimism to toe the road map of Mr President and where we consider that changes may be appropriate, work with the executive to perfect the document.”

Akpabio said the retreat would teach the lawmakers public expenditure management, fiscal policy, and tax reforms.

“Fortunately, the Renewed Hope plan is strong on the economic side. It proposes a 10 percent economic growth, which experts claim is achievable,” he said.