CONTINUED FROM LAST WEEK
A Statement made at the meeting of the Federal Executive Council at the Action Group of Nigeria held at Ikeja VIP on 18th December. 1961.
THE first realism of the situation which we must face is that every one of our four Governments is in the grips of financial crisis. It is imperative that we should direct all our energies to finding answers to this problem. On the other hand, it will be a disservice to the nation for any leader to dissipate his efforts in devising a means of escape for his part in bringing about the present difficulties. I have no doubt that the Federal Minister of Finance is already devoting a good deal of time to the construction of his escape routes. He has blamed the financial ills in the East and the West on the former regimes in these two regions. Expressly, he has stated in the House of Representatives on the 20th of November, 196 I, and I quote his exact words, that:
‘The Hon. Leader of the Opposition (that is…