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Nigeria has never been this bad before  — Sanusi

August 5, 2022

Sanusi Lamido Sanusi, the 14th Emir of Kano and a former governor of the Central Bank of Nigeria (CBN), expressed his deep concern for the state of the nation on Thursday in Lagos, claiming that neither Nigeria nor its citizens had ever endured a worse period in history.

He claimed that nothing in the nation appeared to be working anymore and supported his claim with a number of societal problems.

According to him, the level of hunger and poverty in the country is rising daily, along with the levels of insecurity, corruption, inflation rate, youth unemployment, gender inequality, subpar electricity, subpar foreign exchange rates, corruption, and so on.

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He said the worst thing is that the level where Nigeria was in 2015 when people were crying foul about the state of the country’s socio-political economy, insecurity, inflation and so forth was far better than what the situation were at the moment.

Sanusi gave this remark at the 7th colloquium of Akinjide Adeosun Foundation (AFF) to mark the 54th birthday of the founder of the foundation and CEO of St. Rachael’s Pharmaceuticals Nigeria, Mr Akinjide Adeosun.

He was the guest of honour at the event, which also has Mr Jimi Agbaje, a pharmacist cum politician; the Secretary to the Oyo State Government and wife of the celebrator, Mrs Olubamiwo Adeosun; as well as a keynote speaker, Prof Ayodele Olurotimi and the Managing Director of Megamound Investment Ltd, Mr Olumide Osunsina, among other dignitaries, in attendance.

Speaking further and on the theme of the programme, “Are leaders scarce in Nigeria,” Sanusi blamed Nigeria’s situation mostly on leaders in political governance, saying many of them lack a clear vision that can effectively move the country forward appreciably.

He said that was why rather than for things to get better after successive administration comes to the stage of governance things get worse.

According to him, we thought we were in a deep hole in 2015 but between 2015 and now; we have been digging ourselves into a deeper hole.

He said it was unheard of that Nigeria could not take the advantage of the Russian-Ukraine War to better its economy just as all other oil-producing countries globally do at the moment.

According to him, Nigeria is the only oil-producing country that is grieving at this time as every other oil-producing country is celebrating and smiling to the banks due to the price of oil that has gone up appreciably because of the Russian-Ukraine War.

He said it was more disturbing that the country’s revenue is not enough to service the debts let alone meet peoples’ needs.

He said it was not that good leaders who could cause a positive change for the country and its people are scarce in Nigeria but that the process and platform to get such people into corridors of power are grossly unfriendly.

He said: “The reality is that there are so many Nigerians that if given the opportunity would do well, but they simply cannot contest in that space because they can’t compete otherwise they will be dead.

According to him, you don’t have the money, you can’t pay thugs or send anyone to kill anyone or burn somebody’s house to win an election or shed the blood of innocent people because you want to be in office, and certainly cannot make compromises with certain characters, who are responsible for destroying this country in order to get into office. You can’t sell your conscience for that.

“Even at that, he stressed, we can’t give up hope. We need the courage to stand up and speak because, at the end of the day, this is our country.”