Politics, Seat of Power

Stop whining, turn Nigeria’s fortunes around, Obasanjo tells Buhari

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On Wednesday, November 23, 2016, former president,. Olusegun Obasanjo while delivering a keynote address at the First Akintola Williams Annual Lecture, advised President Buhari to stop dwelling too much on the past and turn the fortunes of the country instead.

“Now that we have had change because the actors and the situation needed to be changed, let us move forward to have progress through a comprehensive economic policy and programme that is intellectually, strategically and philosophically based.

“It is easier to win an election than to right the wrongs of a badly fouled situation. When you are outside, what you see and know are nothing compared with the reality.

“And yet once you are on seat, you have to clear the mess and put the nation on the path of rectitude, development and progress leaving no group or section out of your plan, programme and policy and efforts. The longer it takes, the more intractable the problem may become.

“I am sure that such a comprehensive policy and programme (that will move Nigeria forward) will not support borrowing US$30 billion in less than three years. It will give us the short-, medium- and long-term picture.

“Adhocry is not the answer but cold, hard headed planning that evinces confidence and trust is the answer. Economy neither obeys orders nor does it work according to wishes. It must be worked upon with all factors considered and most stakeholders involved.

“The investors, domestic and foreign, are no fools and they know what is going on with the management of the economy including the foreign exchange and they are not amused. The Central Bank must be restored to its independence and integrity. We must be careful and watchful of the danger of shortermism.

“Short-term may be the enemy of medium- and long-term. We must also make allowance for the lessons that most of us in democratic dispensation have learned and which the present administration seems to be just learning.”

“Correction must be made while there is still time. If that correction is timely made, Nigeria has the quantity and quality of resources particularly human resources to make it a great nation to be counted among the comity of nations within two generations as the undisputed leader of Africa and the black race in all ramifications.”

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