17 May 2016

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BUHARI SERVED UNDER ME IN THE MILITARY, HE’S NEVER GOOD IN ECONOMY — OBASANJO

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Ex President Olusegun Obasanjo has broken the silence over the current dwindling economy in Nigeria, by saying that Nigeria’s President Muhammadu Buhari, is not sound in economic matters and as such may not do well in Nigeria’s economy. L-R: Obasanjo & Buhari According to a report in Punch, Obasanjo a two times President of Nigeria also added that Buhari may not do well in foreign affairs, except in military matters. “Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo was quoted as saying. The ex-Nigerian President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.
While reacting to a question posed to him by a member of the audience: “Is there any hope for Nigeria under the administration of President Muhammadu Buhari?”, Obasanjo replied, “Is there any hope for Nigeria under this administration? I came back from Geneva, Switzerland a few days ago to attend a conference titled, ‘Are elections giving democracy a bad name?’

Read His Response Below: “We had an election, we elected a leader and the good thing about democracy is that the power you have to elect a leader is also the power you have to remove him. “I am saying this because I said earlier that if you don’t see any leader that has done well in the 56 years of Nigeria’s independence, then let us forget about Nigeria. “I will tell you what I know and I will tell you what I don’t know. I know Gen. Muhammadu Buhari. He served under me in the military. His characteristics that I know, his behaviour that I know, he has not deviated from them. He was never a perfect man, he is not a perfect man and no leader can ever be a perfect man because they are human beings. But if you read my book, what I said about him is correct. He is not a hot person when it comes to economy. He is not a very hot person when it comes to foreign affairs. But he will do well in matters of military and he will do well in fighting Boko Haram.”
“You may not like the way he (Buhari) is fighting corruption. I fought corruption. We recovered over $1.25bn from Abacha and his men. We didn’t make noise. Also, we recovered £100m and about N30m and those who were helping us, the lawyers and the rest said there was still at least $1bn to be recovered at that time. I put it in my handover notes. But rather than encourage scrupulous persons, we had another spate of corruption.”



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NIGER DELTA HAS NO OIL, IT BELONGS TO THE NORTH – ALHAJI BUGAJE

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One of the lead speakers at the Northern Leaders’ Conference, Usman Bugaje, had raised a controversial issue on the ownership of Nigeria’s crude oil domiciled majorly in the Niger Delta region. According to him, it is wrong for any state to claim that it is oil producing because 72% of the total land mass in the country belonged to the North and that by the United Nation’s law; it is only the North that actually has the right to claim ownership.

Alhaji Bugaje, in his presentation, insisted that “there are no oil producing states.” He argued that “the only oil producing state is the Nigerian state itself.” He explained, “Whatever mileage you get in the sea, according to the United Nations Law of the sea, is a measure of the land mass that you have; that is what gives you the mileage into the sea…and the land mass of this country, that gives that long 200 nautical miles or more into the ocean, is because of that 72% of the land mass of this country, which is the North.”To buttress his argument, Dr. Bugaje also said, “The investment came from the Nigerian state and the territory belongs to the Nigerian state.” He further maintained, “What they claim is the off shore oil is actually the oil of the North” contending that “we should stop using these terms that have no sense at all. There are no oil producing states.”




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