Nigeria is in a Bad Situation But Not Irredeemably Bad – Obasanjo

Former President, Chief Olusegun Obasanjo, who met with five governors of the people’s Democratic Party, PDP, yesterday in Abeokuta, has said the problems facing the country are redeemable.

Governors Godswill Akpabio of Akwa-Ibom,

Babangida Aliyu of Niger, Sule Lamido of Jigawa, Isa Yuguda of Bauchi and Liyel Imoke of Cross-River states, during the close door meeting, Obasanjo said the purpose was to deliberate on the serious problems affecting the country.

‘I have raised most of what we discussed in my own public pronouncements in recent times, not to castigate anybody, not to bad-mouth anybody, not to run anybody down, but, out of genuine concern for the situation of this country and that is the same thing that brought them and I want to thank them.

“When we looked at these issues closely, very objectively, we came to the conclusion that, we have a bad situation, but, not irredeemably bad. Something can still be done and what now is required is the will and the courage to do something when and how it needs to be done. We agreed on that.

And on the falling oil price, Obasanjo said:

“I am never scared by anything but I am concerned that firstly, when we had surplus, we did not remember the rainy day, now ,that the rainy day is staring us in the face, we must be honest and courageous enough to do what is right, to let the nation know and then to take the steps that will put it right as quickly as possible and you do not need to be an oracle or a world bank expert or an International Monetary Fund expert to know that our economy is not what it should be.

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