• Recession, I warned Jonathan about ‘reckless’ spending says Obasanjo









    Formal President Olusegun Obasanjo 

    Formal President Olusegun Obasanjo yesterday accused the
    immediate past president, Dr. Goodluck Jonathan of ignoring warnings about a impending recession and the consequences of the ‘reckless’ spending of his government.

    Read also: US congratulates Nigeria on her 56th year independent anniversary , says much still to be done


    He said in Abeokuta that two years ago when he saw signs
    that Nigeria was walking down the path of recession and the way the powers that were consuming  the nation’s
    resources, he drew Jonathan’s attention to the danger
    ahead, but was ignored.

    The former president spoke yesterday during a lecture
    organised by the Youth Fellowship of Owu Baptist Church,
    Abeokuta to mark Nigeria’s Independence Day anniversary.

    He said the economic situation in the country has turned
    development upside down as “things are not what they
    Should be.”

    He cited the high level of unemployment which he described as a time bomb.

    Read also: FCT Minister charges Nigerians to contribute to nation building 


    “Unemployment is a major problem in the country today and if we are not careful, it will consume all of us. In fact, the
    rising unemployment is a time bomb,” he said pointing out
    that the high rate of unemployment was responsible for youth restiveness in the country.

    He requested that the situation be tackled with all the
    seriousness it deserves before it gets out of hand.
    He added: “Whoever that has lived to witness the celebration of today should thank God. Things are not what they Should be, but we should pray that next year will be better than this year.”

    Read also: Nollywood actor, Elder Maya is dead


    “We thank God for those who are alive, we prayed for the
    souls of those who have laboured for this country and who
    have passed on to rest in perfect peace.”

    The formal president recalled how he got five job offers
    immediately he completed his secondary school education at Baptist Boys High School, Abeokuta.

    LIKE RexLightBlog Facebook Page


  • You might also like

    No comments:

    Post a Comment

Ads Top

d poѕт

5 Collaborations We Can’t Wait To See In 2018 – The Songs Will Shake Nigeria

Hello Everyone, 2017 was a big year for Nigerian Artistes but from all the Indications, one can easily tell that 2018 is going to be a...

Social Share

Contact Form

Name

Email *

Message *

Recent comments

Blog Archive

Powered by Blogger.