Nigeria, A Failed State At 57 — Peter ObiBy cheatmaster 05:45 Sun, 01 Oct 2017 Comments
Obi lamented the failure of successive governments in the country.
The former governor warned that the increasing spate of agitations by various ethnic-nationalities in the country in recent times might get out of control if governments at all levels did not put measures in place that would create employment for jobless youths.
He spoke in Abakaliki, the Ebonyi State capital, on Saturday while delivering an anniversary lecture organised by the state government as part of activities to mark the 57th anniversary of the country and Ebonyi State at 21.
The theme of the anniversary lecture was, ‘Ebonyi State: yesterday, today and tomorrow.’
He said, “Nigeria is a failed country. The country is going backward. Not thinking of the future; that is why there are agitations everywhere. The agitations are just starting. There are millions of jobless youths doing nothing in the country. Most young people have lost their future.
“Nigeria is in the wrong direction. The country is not doing well. The indices of good governance are very clear worldwide. The only way to stop the agitations is to engage the youths in meaningful ventures. The world is selling knowledge and not baggage economy. Nigeria needs to embrace knowledge-based economy. With such an economy in place, by the year 2020, the country would join the world to create 25 million job opportunities for the youth.”
The former governor emphasised that overdependence on oil as the mainstay of the nation’s economy was no longer fashionable and tenable.
“Oil is destined to finish in the next 30 years. The Federal Allocation Committee is one of the things that make us lazy. Nobody is willing to work except to go to Abuja on a monthly basis to share money. Our reserve is weak.
Obi disagreed with the claim of the Federal Government that the country had exited recession citing widespread poverty as the reason.
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