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First with the News

Nigeria Now Depends On IMF, World Bank To Pay Salaries Of Workers– Prof Tomori

February 3, 2022
in Economy, Top Stories
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By Esther Adesulu

Oyewale Tomori, a Professor of Virology, has said Nigeria is now depending on the World bank and international agencies such as International Monetary Fund (IMF) to pay salaries of workers.

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Tomori spoke on Thursday while delivering a lecture on the topic “Science, Scientist and Society” at the 79th Interdisciplinary Research Discourse of the Postgraduate College, University of Ibadan.

Professor Tomori who is a member of WHO (World Health Organisation) Technical Advisory Group on COVID-19 vaccine composition, also revealed that Nigeria has become a beggar for COVID-19 vaccines.

“The fact that the country has failed to consistently invest in education, science and technology despite the vast number of natural resources has made him to be full of regrets,” he said.

He said while other countries are enjoying a return on investments, Nigeria is reaping a return on iniquity and immorality.

This, he said, is the main reason behind the country being dependent on loans from international donor agencies such as IMF and World Bank to pay salaries of workers.

The University Don lamented that the democratic system currently in the country is full of corruption and immorality.

“While other countries are getting sumptuous results on their investments, we are wallowing in our own return on iniquity and on return on immorality.

“That is why we have 10.5 million of our children out of school, 4.5 million under-vaccinated, we become the poverty capital of the world.

“We are investing hugely in corruption and disdain for science and technology.

“And we now depend on IMF loans and world bank to pay our workers’ salaries, to import food which we should be producing,” he said.

Tags: breakingHeritageheritage timesheritagetimesmediaIMFInternational Monetary FundlatestnewsNigeriaOyewale Tomorithe heritage timesthtthtafricatop storiesWorld Bank
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