Mismanagement of resources has been the main problem confronting Nigeria – Obasanjo


Former President, Chief Olusegun Obasanjo, lamented yesterday that mismanagement of resources has been the main problem confronting Nigeria.

The former president, who spoke at the 2015 annual summit and his 78the birthday celebration held at Olusegun Obasanjo Presidential Library in Abeokuta also said that most of the West African countries were worried about the situation in Nigeria while the developed countries were afraid that should there be a civil war in the country, no country could accommodate some of the 180 million Nigerians.

Obasanjo, flanked by former governor of Lagos State, Asiwaju Bola Tinubu, and former governors of Osun and Ekiti states, Prince Olagunsoye Oyinlola and Segun Oni respectively said the problem of the country arose from mismanagement of resources.

The former President’s birthday had featured two lectures delivered by former Chief of Defence Staff during late President Umar Yar’Adua, General Martin Luther Agwai (rtd) and Director-General, National Office for Technology Acquisition and Promotion, Dr. Umar Bindir.

Speaking shortly after the two speakers , Obasanjo described himself as an ‘incurable optimist’ about the country, noting that an individual could make a difference.

According to him, “I am an incurable optimist about this country, and may be because I have seen a little bit in my short span of life, a little bit of what is possible and a little bit of what can go wrong and what can be made to go wrong. May be, that is why I am an incurable optimist and I believe that all will be well in this country, we have no choice anyway, all has to be well.

“We are about 180 million now, our brothers and sisters in West Africa are worried, and when they talk to me and I ask why were they worried, they said, if half a million Nigerians go to Republic of Benin, we will overwhelm them.

“Even Britain is worried, they said their problem is that if one million Nigerians come to Britain, in 10 years, there will be 10 million Nigerians in Britain and they will rather keep us here.

“My concern is that we have too many think tanks, we need more of do-tanks. The point is we can do and we have no reason why we can’t do and we have also seen that one individual can make a difference.

“There is no reason why any Nigerian child, at this point in time, should not have basic education, food and nutrition, and not only Nigeria child, any Nigerian should not go to bed without food. We have the resources to achieve all that. If we are not achieving it, does not mean we don’t have the resources, it is because we haven’t managed our resources well.”


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