Abeokuta - Former President Olusegun Obasanjo on Saturday said he warned about Nigeria’s current recession two years ago, reports The Nation.
Obasanjo, who spoke in an Independence Day message at a lecture organised by the Youth Fellowship of Owu Baptist Church, Abeokuta noted that his warnings were, however, ignored by the Goodluck Jonathan administration.
Obasanjo said he was concerned about recession when he saw how recklessly the Goodluck Jonathan administration spent the country’s resources.
Obasanjo according to Premium Times said one of the major issues threatening the peace of Nigeria now is the high level of unemployment.
“Unemployment is a major problem in the country today and if we don’t take care, it will consume all of us. In fact, the rising unemployment is a time bomb,” he said.
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He asked that the situation be tackled with all the seriousness it deserves before it gets out of hand.
Obasanjo, who said he will not stop lamenting about the state of things in Nigeria, however, added that Nigerians have reasons to be grateful to God.
- News 24