Chief Afe Babalola, founder of Afe Babalola University in Ado Ekiti, has stated that politicians’ purchase of presidential nomination forms for political parties with large sums demonstrates that there is sufficient money in circulation for them to assist Nigeria.
Babalola, who stated that the country’s economic condition with trillions of dollars in debt should be a concern for politicians and presidential candidates, called for the formation of a fundraising committee to solicit donations to reduce the nation’s debt profile.
The founder of ABUAD, who spoke in Ado Ekiti on Friday shortly after receiving the Distinguished Medical Vanguard Award from the Ekiti State branch of the Nigerian Medical Association in recognition of his contributions to the health sector, stated that politicians had demonstrated their ability to make substantial contributions to the country’s economic health.
He said, “You noticed how many people paid over N100m in order to be elected or selected by their parties. Nigeria is owing trillions of dollars as debt, the new man who is coming to lead should take advantage of the fact that we now know that we have so much money circulating in this country, where people can donate N100m at a time.
“The other time we had COVID-19 and states asked people to donate, I know what I donated in my state. Now that we know we have people who can donate N100m with ease, let us ask these people, let us pay our debts first, and we can now pay without waiting for anybody.
“My appeal, to the elected candidates and as well the aspirants, is to quickly and urgently launch a fund for everybody to contribute. Launch a fund raising committee to ask people, especially those who have the money that we now know to donate between N100m and N1bn each.