Pension fund not for budget deficits – Oshiomhole

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole on Wednesday declared that monies from staff pension deductions are not meant to be used for budget deficit by the Federal Government and State governments.

According to him, it is meant to address the critical issues of the masses who contributed the money.

He spoke during opening ceremony of the Presidential Policy Retreat at the Council Chamber of the State House, Abuja.

President Muhammadu Buhari had declared the retreat open.

Oshiomhole also called for rejig of security architecture in the country.

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He urged the retreat to brainstorm towards getting practical solutions to the problems facing Nigeria.

On corruption, he urged the government to effectively plug leakages with all the Ministries Departments and Agencies reviewing ‘how’s to achieve it.

Oshiomhole also recommended long term national economy plan to replace the current Economic Growth and Recovery Plan.

Those at the retreat included Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, Aliko Dangote, Jim Ovia and former Prime Minister of Ethiopia.

State governors included those of Kebbi, Plateau, Kano, Kaduna, Kogi, Imo, Bauchi, Ekiti, Edo, Borno and Lagos.