Sunday, 17 November 2024 07:04

Tinubu’s Determination, Policies Returning Nigeria to Growth Path - Shettima

Obasanjo: Chaos, insecurity, disunity, others have confirmed Nigeria’s failing status

 

 

Vice President Kashim Shettima has declared that Nigeria’s economy is on the path of growth on account of President Bola Tinubu’s policies and determination to transform it for all Nigerians.


This is just as former President Olusegun Obasanjo stated that Nigeria’s failing status has been confirmed through the consequences of the level of the country’s pervasive corruption, mediocrity, immorality, misconduct, mismanagement, perversion, injustice, incompetence, and all other forms of iniquity.


Shettima gave the assurance yesterday in Abuja during a one-day retreat for presidential aides and heads of units in his office.
He listed some of the improvements recorded so far including crude oil production hitting 1.8 million barrels per day, the launch of social welfare initiatives, including an innovative Student Loan Programme to enhance access to higher education, and a Consumer Credit Scheme to boost purchasing power and stimulate economic activity.


Other improvement programmes, according to the Vice President, include the unification of the foreign exchange market as a bold step toward creating a more transparent and efficient monetary system, adding that the administration had also embarked on ambitious infrastructure projects, including the Lagos-Calabar and Sokoto-Badagry superhighways.
Addressing participants at the retreat, the vice president said: “President Bola Tinubu is determined to change the fortunes of the nation. We all want to bequeath to the younger generation a united and progressive country.

 


“Yes, the economy has and is experiencing challenges but we have turned the corner. As of now, we are producing 1.8 million barrels of oil per day. The economy is on an upward trajectory and I believe in the new year, the economy will grow in leaps and bounds,” he said.


Shettima urged all aides in the presidency to synergise more and work harder in helping the president to deliver on his mandate.
He said: “The country is greater than all of us. I urge you; to let’s work as a team and as a family.”


Earlier in his welcome address, Deputy Chief of Staff to the President (Office of the Vice President), Senator Hassan Hadejia, said the retreat was planned to enable aides to synergise ideas to ensure seamless execution of tasks assigned to the office of the vice president.


Also speaking, Special Adviser to the President on Political Matters, Dr. Hakeem Baba-Ahmed, commended the efforts of aides in the office, especially on tasks bordering on strategic communication, stressing the need for improved collaboration across the presidency.
On his part, the Special Adviser to the President on General Duties, Dr Aliyu Moddibo Umar, implored the aides to avail the system of their “knowledge and expertise, be humble and focused on the tasks at hand,” adding that “we need to deliver on the difficult task ahead. The primary thing is just the work.”


Obasanjo: Chaos, Insecurity, Disunity, Others Have Confirmed Nigeria’s Failing Status
Meanwhile, Obasanjo has stated that Nigeria’s failing status has been confirmed through the consequences of the level of the country’s pervasive corruption, mediocrity, immorality, misconduct, mismanagement, perversion, injustice, incompetence, and all other forms of iniquity.
Delivering his keynote address at the Chinua Achebe Leadership Forum, Yale University New Haven Connecticut, USA, at the weekend, the former president further stated that the immorality and corruption have fueled chaos, insecurity, conflict, discord, division, disunity, depression, youth restiveness, confusion, violence, and underdevelopment.

 


According to a statement issued yesterday by Obasanjo’s Media Aide, Kehinde Akinyemi, the former president said these ills manifested under “Baba-go-slow and Emilokan.”


“As the world can see and understand, Nigeria’s situation is bad,” Obasanjo said.


In his address titled, ‘Leadership Failure and State Capture in Nigeria,’ Obasanjo said “The more the immorality and corruption of a nation, the more the nation sinks into chaos, insecurity, conflict, discord, division, disunity, depression, youth restiveness, confusion, violence, and underdevelopment.”


“That’s the situation mostly in Nigeria in the reign of ‘Baba-go-slow’ and Emilokan. The failing state status of Nigeria is confirmed and glaringly indicated and manifested for every honest person to see through the consequences of the level of our pervasive corruption, mediocrity, immorality, misconduct, mismanagement, perversion, injustice, incompetence, and all other forms of iniquity. But yes, there is hope.”
Obasanjo, who was in the Democratic Republic of Congo (DRC), but had a 25-minute recorded video address for the forum, noted that in a country like Singapore, “the government has also been responsive to the changing needs of its people and has invested heavily in areas such as healthcare, education, and social welfare.”


The former president, while quoting from a short, classic treatise published in 1983, called ‘The Trouble with Nigeria’ by Chinua Achebe, admitted that, “the trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else. The Nigerian problem is the unwillingness or inability of its leaders to rise to the responsibility, to the challenge of personal example which are the hallmarks of true leadership.”

 


He added: “In hindsight, this forty-one-year-old prescriptive analysis on the root causes of Nigeria’s leadership crisis is quite moderate and appropriate. It is at least not as desolate as the diagnosis provided by Robert Rotberg and John Campbell, two prominent US intellectuals – the latter a former United States ambassador to Nigeria to boot: “Nigeria has long teetered on the precipice of failure. Unable to keep its citizens safe and secure, Nigeria has become a fully failed state of critical geopolitical concern. Its failure matters because the peace and prosperity of Africa and preventing the spread of disorder and militancy around the globe depend on a stronger Nigeria.”


Citing the World Bank and Transparency International’s definition, Obasanjo described a state capture, “as one of the most pervasive forms of corruption, a situation where powerful individuals, institutions, companies, or groups within or outside a country use corruption to shape a nation’s policies, legal environment, and economy, to benefit their own private interests.
“State capture is not always overt and obvious. It can also arise from the more subtle close alignment of interests between specific business and political elites through family ties, friendships, and the intertwined ownership of economic assets.


“What is happening in Nigeria – right before our eyes – is state capture: The purchase of national assets by political elites – and their family members – at bargain prices; the allocation of national resources – minerals, land, and even human resources – to local, regional, and international actors. It must be prohibited and prevented through local and international laws.
“Public institutions such as the legislature, the executive, the judiciary, and regulatory agencies both at the federal and local levels are subject to capture. As such, state capture can broadly be understood as the disproportionate and unregulated influence of interest groups or decision-making processes, where special interest groups manage to bend state laws, policies, and regulations.

 


“They do so through practices such as illicit contributions paid by private interests to political parties, and for election campaigns, vote-buying, buying of presidential decrees or court decisions, as well as through illegitimate lobbying and revolving door appointments.
“The main risk of state capture is that decisions no longer take into consideration the public interest, but instead favour a specific special interest group or individual. “Laws, policies, and regulations are designed to benefit a specific interest group, oftentimes to the detriment of smaller firms and groups and society in general. State capture can seriously affect economic development, regulatory quality, the provision of public services, quality of education and health services, infrastructure decisions, and even the environment and public health,” Obasanjo explained.
On Achebe’s personality, Obasanjo hinted that the great author and writer has been known through “his work, and his values for as long as our nation has been in existence. He was a great and distinguished Nigerian.”



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