Posted by According to former President Olusegun Obasanjo, more than 80% of Nigeria’s crude oil was pilfered.
At the book presentation of “Court and Politics,” authored by Dr. Umar Ardo, a former associate of former Vice President Atiku Abubakar, in Abuja, Obasanjo made this statement.
The former president claims that one of the reasons Nigeria’s economy is in shambles is that, unlike other oil-producing nations, Nigeria is unable to account for its oil production because of theft.
Babangida Aliyu, a former governor of Niger State, represented Obasanjo, who stated that one of the reasons the Nigerian economy would be in ruins is crude oil theft.
According to the former president, at than 1.7 million of the daily quota of crude oil are taken.
Obasanjo stated that there is nothing wrong with the presidential system and that Nigerians do not follow the rules when asked if the country should return to a parliamentary system.
This comes after Prof. Ango Abdullahi, a former vice chancellor of Ahmadu Bello University (ABU) and chairman of the Northern Elders Forum (NEF), delivered a verdict on Nigeria’s government, declaring that it has failed the people.
Abdullahi went on to say that the nation needed to be saved from its lack of leadership.
He emphasized that no system is perfect and urged the development of a proper political culture.
“Enough of our failures,” Abdullahi remarked. Our failures have to make place for something else. This nation has been let down by us. This has to end.
“It’s time for us to start over and rebuild this country,” he declared.
Obasanjo: “No option for next generations on Africa’s debts”
With a population of over 200 million, the former head of the NEF bemoaned the fact that Nigeria could not produce even 4,000 megawatts of electricity.
“Enough is enough of our failure; we must acknowledge that we have failed sufficiently,” he declared.
Dantata was furious with me when I visited, accusing the people of the North of failing both Nigeria and the North. There won’t be any progress until the North acknowledges that they have failed the North and gets together to talk about how to move forward.
When we want a return to civilian rule, we convened in 1978. We were astonished to hear that the parliamentary system of government would not be explored and that the federal system of government should be used instead of the reason why the system of 1961 failed.
“And they presented us with the American and French options. After 24 years of practice, the presidential system has failed, and I will give it an F9.
Abdullahi declared, “The time has come for us to start over in order to save this country.”