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Obasanjo Slams Tinubu Administration Over ‘Wasteful’ Projects

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How Otedola, Dangote Paid $761m to Buy 2 Refineries – Obasanjo
Olusegun Obasanjo
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  • Former President Olusegun Obasanjo has criticized the N15.6tn Lagos-Calabar Coastal highway project.

  • Obasanjo also slammed the President Bola Tinubu administration for spending N21bn on a new official residence for Vice President Kashim Shettima, calling it a “misplaced priority”.

  • The former President made these comments in his new book, ‘Nigeria: Past and Future.’

Former President Olusegun Obasanjo has launched a scathing attack on the President Bola Tinubu administration, describing the N15.6tn Lagos-Calabar Coastal highway project as “wasteful and corrupt”.

In his new book, ‘Nigeria: Past and Future’, Obasanjo also criticized the administration’s decision to spend N21bn on a new official residence for Vice President Kashim Shettima, calling it a “misplaced priority” and a “conduit designed to embezzle public funds”.

Obasanjo expressed concerns about corruption and poor governance in the country, stating that many of those who have held leadership positions are “ill-prepared, satanic, self-centred and are all out to corruptly enrich themselves while the nation continues to wallow in abject poverty and condemnable underdevelopment”.

He noted that some chief executives have been known to deceive, lie and try to cover up on the realities and truth of action and inaction on contract awards, agreements, treaties, borrowings and forward sales of national assets. “Such chief executives are unfit for the job they find themselves in.”

Obasanjo suggested that there is a need to interrogate the Western liberal democracy being practised and see how it could be reviewed to reflect African peculiarities. “Let us call it Afrodemocracy… It is from Afrodemocracy that we will draw up an African people’s constitution for any African that chooses to go the way of Afrodemocracy.”

READ ALSO: Photos From Ex-President Obasanjo’s Birthday

The Minister of Works, David Umahi, had revealed that the 700km Lagos-Calabar Coastal Highway will cost N4.93bn per kilometre.

Many prominent Nigerians, including the presidential candidate of the Peoples Democratic Party in the 2023 general elections, Atiku Abubakar, have questioned the Federal Government’s decision to award the contract to Gilbert Chagoury’s Hitech Construction Company without competitive bidding.

El-Rufai Hails Atiku’s Economic Policy Role Under Obasanjo

Former Kaduna State governor, Nasir El-Rufai, has praised former presidential candidate Atiku Abubakar for his role in implementing economic policies under ex-President Olusegun Obasanjo.

El-Rufai stated that Atiku deserves credit for overseeing the economic policies, but is often overlooked.

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