Trust, key to Nigeria’s economic growth —Osinbajo

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Olalekan Adetayo, AbujaVice-President Yemi Osinbajo has described trust as critical to the nation’s economic growth.He said the nation’s entire credit system was based on trust.Accordin...

He said the nation’s entire credit system was based on trust.

He added that citizens will not pay taxes if they do not have the trust that government will not embezzle it. “When we say that there is a credit crunch, we are referring to a lack of trust. This has significant implications for the economy. Banks cannot lend to people when fraud is widespread, and enterprise and industry cannot flourish without credit.

“Citizens who do not trust that their taxes will not be embezzled due to official corruption are unlikely to see any value in paying their taxes. If people stop trusting the media, they are more likely to fall prey to merchants of fake news which can have a destabilizing effect on a nation.

 

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And he is absolutely right...but the half witted individuals commenting dont have the ability to actually understand. Trust goes both ways...for the citizens to trust the government, trust must be established. That's why VP advocates for appointment of officials based on merit.

Reading beyond the headline, this is deep for me: '“Citizens who do not trust that their taxes will not be embezzled due to official corruption are unlikely to see any value in paying their taxes. If people stop trusting the media, they are more likely to fall prey...'

Trust is key to rebuilding our national values system.

it's impossible to trust demons

You want trust? Haa!

And that what this government lacks.

Ok....so who do we trust?

Frivolous claims and chasing of wild goose,g govt of propaganda and deception,oh Nija who do una this kind thing,how did we even get here.

That means we should trust you even if your government is stinking with corruption.

Make Fg trust us first. You no fit call person you trust 'lazy' youth

Please trust God alone oooooo ...this guy na scam.

When the leaders are not transparent, how do you expect trust from the followers.

They are not on Twitter,their errand boy or girl is doing the dirty for them that's why they respond haphazardly.

I feel say na ment

Another tory... we don hear

Liars,what key and trust are you talking about oga vice president?

Na lecturing job this guy just dey do. Nothing to show after 5years. APCUKingdom OfficialPDPNig ProfOsinbajo BabajideOtitoju

See who is talking about trust, even when the Fulani don't have trust in you?

Trust from the citizens? No way ProfOsinbajo

IFB

APC does not deserve an ounce of trust Mr VP. You guys lied to Nigerians and used a plethora of lies as foundation to get to power. Your falsehood has eroded such trust so please don't talk about it. Where are the refineries you promised to build? Making 1USD=1Naira nkor.Rubbish

U forgot praying and fasting 😂😂

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