In a recent turn of events, former President Olusegun Obasanjo has voiced his concerns over the current administration’s handling of key national issues. The focus of his critique was on President Bola Tinubu’s approach to the removal of fuel subsidy and the response to the military coup in Niger.
Obasanjo, in his statement, acknowledged the necessity of the policies but expressed dissatisfaction with their implementation. He stated, “Today, the government has taken three decisions, two of which are necessary but wrongly implemented and have led to the impoverisation of the economy and of Nigerians.”
The former president emphasized the need for production and productivity, driven by trust in leadership, to advance economically. He noted that the economy requires consistent effort, not just commands, and that proper leadership can inspire investor confidence.
Obasanjo also pointed out that Total Energy chose to invest in Angola over Nigeria, indicating a lack of investor confidence in the current economic management. He urged a shift from transactional to transformational leadership to attract investment and ensure security.
“The economy does not obey orders, not even military orders. I know that. If we get it right, in two years, we will begin to see the light beyond the tunnel. It requires a change of characteristics, attributes, and attitude by the leadership at all levels to gain the confidence and trust of investors who have alternatives,” Obasanjo added.
The former president stressed the importance of consistent economic policies and government integrity to foster investment. He called for transparency in government transactions and a commitment to productive policies.
In conclusion, Obasanjo’s critique of the current administration’s approach to these key issues serves as a call to action for the government. It emphasizes the need for effective leadership, consistent policies, and a commitment to economic growth. As the nation navigates these challenging times, the words of the former president serve as a reminder of the path that needs to be taken for the betterment of the economy and the people.
