Anambra bizman advocates rich individuals’ interest-free loans to boost economy

A transportation mogul and Chairman of GUO Group of Companies, Chief Godwin Ubaka Okeke, has tasked politicians, contractors and other wealthy individuals, who have so much money in their bank accounts to return at least 20 per cent of what they have and offer them as free interest loans to the Federal Government to invest into the economy.

Okeke thinks that this initiative would go a long way in reviving the country’s economy and put it back on the right path because the amount of money politicians have in foreign banks is by far above the nation’s foreign debts, which the country is struggling to repay.

He said this while speaking to journalists in Onitsha, the commercial city of Anambra State, on Monday, at the end of a week-long activities marking his 75th birthday celebrations.

Okeke, who is also the Chairman of Anambra Motor Manufacturing Company Limited, commended President Bola Tinubu’s messages and efforts at ensuring peace and love across the country.

Okeke, who has the chieftaincy title of Onwa of Anaocha Local Government Area and Onwa of Adazi-Ani community in Anaocha Local Government Area of the state, said the President has spoken well in his advice that Nigerians should imbibe the spirit of love and sacrifice.

He added that preaching love and sacrifice should start with him, including spreading across the National Assembly, Nigerian politicians, and all Nigerians who have accounts in foreign banks.

He said, “In the case of imbibing the spirit of love, I advise that politicians, contractors, civil servants and middlemen should stop looting our treasury in billions and stashing the loot away in foreign countries.

“Also, in the case of sacrifice, I applaud some members of the National Assembly for slashing their monthly salaries into two and dedicating 50 per cent of it for national development and economic recovery, but they should also dedicate 50 per cent of their allowances towards national economic recovery because their allowances are by far above their monthly salaries.

“For all our politicians and contractors who have so much money in foreign bank accounts, if they could return at least 20 per cent of what they have in their foreign accounts and offer as interest-free loans to the Federal Government to invest into the economy, then the nation’s economy would bounce back to the right path because the amount of money Nigerians are having outside the country is by far above the nation’s foreign debts which we are unable to repay.

“If Nigerians could imbibe the spirit of love and sacrifice as demanded by President Tinubu, our politicians, contractors, civil servants and middlemen would not continue to loot, steal and stash away billions of naira into their foreign accounts heartlessly as if the masses are fools, without considering the plight of those poor masses who voted for them during elections and the consequences their actions would have on our economy.

“For now, I wouldn’t like to delve into the issue of fuel subsidy and the revelations between Dangote Refinery and the cabals managing our natural resources. This matter is for another day as we watch the scenario unfold itself.”