Disaster Looms In Nigeria – Obasanjo Warns

Published 4 months ago by: Olusanya Akinrinola
at 09:09 PM, 11/06/2019 (4 months ago)

(3608 | Gistmaniac) (m)


Former President Olusegun Obasanjo has stated that the President Muhammadu Buhari-led government is driving Nigeria towards “disaster and instability”.

Obasanjo, in an interview with Premium Times, noted that although the country had made considerable progress since the new dispensation began in 1999, the current pace was poor.

He said: “I think we have no choice but to be on the path for sustainable development. The progress we are making may be questionable. Is it fast enough? Is it steady enough? Is it stable enough? Are we taking two steps forward and one step back or one step side-way?

“You can question that, but we have no choice but to be on (the) path for sustainable development. Any other thing will be a disaster. In fact, the pace at which we are going now is tending more and more toward disaster and instability and unsustainability.

“The problem is that we are just not doing what we should be doing. Nobody has that confidence, and we cannot develop Nigeria without that confidence in our economy. Both for domestic investors and foreign investors.”

Obasanjo argued that the present government that claims to be fighting corruption has “corrupted” the anti-graft agencies his government put in place.

“I set up two (anti-corruption) institutions,” he said.

“I came with two laws that were not there before, to fight corruption. And those who claim they are fighting corruption today have not brought in anything different. If anything, they have corrupted those two institutions.

“And the institutions were open and independent. I never, never, as president had to say to either the head of ICPC or EFCC: ‘Oh, chase this person’.

“Nigeria was a pariah state. Within the first four years (1999-2003)… we actually hosted the commonwealth. And Nigeria which was kicked out of the Commonwealth became the host of a Commonwealth Head of Governments Meeting (CHOGOM). We became the darling of almost all nations. The economy started doing well.

“I remember on one occasion one day or one week, Chukwuma Soludo (then governor of the Central Bank of Nigeria) phoned me and said: “Sir, in one day, we had an inflow of $80 million”. From foreign direct flow; not money from our oil export or cocoa export. Just direct! And he (Soludo) said to me: “Sir, this is almost unbelievable.

“I said we were not where I want us to be yet. I want us to be $100 million per day. That means in five working days, that will be half a billion dollars. If we are making half a billion dollars a week of five working days; in 52 weeks, it will be $26 billion. It is possible. I got debt relief.

“I think there is a presumption in our constitution that our system will bring out competent leaders devoid of extremism, religious or tribal bigotry. Leaders who understand what it takes to hold the country together and put it in high gear for development, unity and an inclusive and shared society.”

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kennynaija at 10:20 PM, 11/06/2019 (4 months ago)
(2912 | Gistmaniac) (m)

Ok

Reply
ikpotokin at 12:52 AM, 12/06/2019 (4 months ago)
(542 | Upcoming) (m)

BUHARI IS A TOTAL FOOL
Reply
Baye77 at 05:54 AM, 12/06/2019 (4 months ago)
(4681 | Gistmaniac) (m)

1) No disaster will happen in Nigeria
2) If any disaster did happen, you will be mostly responsible for it because we are where we are today mostly because of u; you took the nation's farm and made it your own, you sold Ajaokuta and Itakpe steel company to Indians and rendered it almost useless, you stole $16B in the name of power
3) In a sane country, you will be in prison by now and all your assets confiscated but if the govt should do that now some shallow minded entities will call it "witch hunt"
4) You are just angry because you dont decide how our country is being ran anymore..for the first time since 1999 you r not in power and you r not controlling the govt in power, so u r greatly aggrieved.
So just keep quiet and b in your (our) farm if u dont have any meaningful contribution to make to this nation.
Reply
busa04 at 07:25 AM, 12/06/2019 (4 months ago)
(196 | Upcoming) (m)

Quote from: Baye77 on 05:54 AM, 12/06/2019
1) No disaster will happen in Nigeria
2) If any disaster did happen, you will be mostly responsible for it because we are where we are today mostly because of u; you took the nation's farm and made it your own, you sold Ajaokuta and Itakpe steel company to Indians and rendered it almost useless, you stole $16B in the name of power
3) In a sane country, you will be in prison by now and all your assets confiscated but if the govt should do that now some shallow minded entities will call it "witch hunt"
4) You are just angry because you dont decide how our country is being ran anymore..for the first time since 1999 you r not in power and you r not controlling the govt in power, so u r greatly aggrieved.
So just keep quiet and b in your (our) farm if u dont have any meaningful contribution to make to this nation.
You lack understanding and sensibility! People like you should be sambisa where Nigeria air force will be looking for to bomb.
Reply
smart61 at 08:23 AM, 12/06/2019 (4 months ago)
(1295 | Gistmaniac) (m)

You Obasanjo have always been prophet of Doom. You can never say anything good about the present government because you no longer belong to the ruling party. Because you no longer use government money to funds your Farm, private institutions and to pay your workers. You talk evils and angry always because you have been sidelined.
Reply
Simms at 01:26 PM, 12/06/2019 (4 months ago)
(320 | Upcoming) (m)

Quote from: Baye77 on 05:54 AM, 12/06/2019
1) No disaster will happen in Nigeria
2) If any disaster did happen, you will be mostly responsible for it because we are where we are today mostly because of u; you took the nation's farm and made it your own, you sold Ajaokuta and Itakpe steel company to Indians and rendered it almost useless, you stole $16B in the name of power
3) In a sane country, you will be in prison by now and all your assets confiscated but if the govt should do that now some shallow minded entities will call it "witch hunt"
4) You are just angry because you dont decide how our country is being ran anymore..for the first time since 1999 you r not in power and you r not controlling the govt in power, so u r greatly aggrieved.
So just keep quiet and b in your (our) farm if u dont have any meaningful contribution to make to this nation.
Why is it that any critics of Buhari's administration is labelled enemy, evil or fool. Love OBJ or loath him he is making valid points. Just name what Buhari has done since he took office few years ago? Stop being a bigot and challenge OBJ responsibly. He has made his points - what are your points?
Reply
Henrybobo at 01:50 PM, 12/06/2019 (4 months ago)
(1419 | Gistmaniac) (m)

Quote from: busa04 on 07:25 AM, 12/06/2019
You lack understanding and sensibility! People like you should be sambisa where Nigeria air force will be looking for to bomb.
lolzz
Reply
olowoinlionsden at 06:07 PM, 12/06/2019 (4 months ago)
(1243 | Gistmaniac) (m)

Hmmm, Baba L'Egba 'fun rae'. Perhaps Nigeria would have landed Man on the Moon, if he did not abandon his Third Term Project abruptly. As for his concerns over the perpetuation of the Northern Oligarchy by Buhari, I wonder what Ebora Owu was planning to achieve if he had successfully rail loaded his estranged  Deputy into Power in 2019.
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