Former President Olusegun Obasanjo and the Director General of World Trade Organisation, Ngozi Okonjo-Iweala, on Saturday, decried the leadership failure in Nigeria.
The duo spoke at the 113th Anniversary of Kings College in Lagos.
The ex-President said the country was in monumental crises because of its choice of leaders.
He added that only committed leadership can salvage the country.
Obasanjo said: “We are politically divided and economically disunited. We are nowhere, we are down the drain. Diplomatically, Nigeria is not at the table. Before, we had sent troops to Sudan, Sierra Leone but today, we can’t send troops to the Republic of Benin. There are three races in the world, white, yellow, and black.
“For now, America is leading the whites, the Chinese are leading the yellow race, and Nigeria with 225 million people is created by God to lead the black race. When we stop disappointing ourselves we can take care of the continent and the black race. Nigeria has no business with poverty, insecurity, or political division.
“It is the advertently or inadvertently choice of our leaders. It is not God’s choice for us. If God hasn’t chosen that for us we can do better. For Nigeria, we have done a few things right but we have not continued to do it right. We need a government that understands Nigeria and Africa which will be fair and sincere with Nigerians, together with the right government, this nation can become the right leading country to develop Africa.”
On her own part, Okonjo-Iweala said Nigeria has all it takes to become an enviable country.
She decried the country’s overdependence on oil and challenged the government to diversify the economy.
“Nigeria can fight poverty, and improve people’s lives if it is properly managed. Our revenue sources are not diversified because we depend only on one revenue. Nigeria lacks a sacrosanct social compact in the country, there should be a guideline that dictates certain things that should be sacrosanct.
“We should have guiding principles to decide how we manage, save, spend and take vigorous actions on our revenues. As a country, we need to have certain indicators of how our economy should be governed. If we do this, we have so much to gain.
“We have had episodes showing we can sustain strong growth, all we need is to work on all key indicators and move in the right direction.
‘‘If we build strong governance, we need to choose our leaders wisely. We need to ensure we build a strong foundation, we need to get our leaders to accept a social compact that will take us into the future.”
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
Students suffer as contractors abandon Kano school projects after receiving over N70m
In 2019, to improve the condition of public schools in Kano State, the Federal Government disbursed millions of naira to...
SPECIAL REPORT: World Bank road projects go bad in Enugu, as state govt fails to fulfill promise
Counterpart funded road projects between the world Bank and Enugu State government have started to fail, as the state government...
INVESTIGATION: How N70m road construction created more hardship for Sokoto residents
“To address recurrent accidents on Gagi to Gidan Dilo road and Fakon Idi roads, in Sokoto State, the Federal Government,...
INVESTIGATION: Inside Kwara school where students are used as labour on teachers’ private farms
In this report, SHEREEFDEEN AHMAD uncovered how young students in Kwara State, Nigeria, are being used for labour work on...
INVESTIGATION: How Kano SUBEB awarded contracts to inactive contractors, non-existent schools
In an effort to address issues hindering quality education, the Kano State Government in 2020 awarded N88,406,667.10 for the construction...