What ex-Nigerian president explained is the reason many Nigerians are poor despite vast economy

• Former President Olusegun Obasanjo emphasized that Nigeria’s poorness is simply a effect of mismanagement, contempt the country’s immense earthy and quality resources
• Obasanjo commended Governor Alex Otti of Abia State for his transformative leadership, noting the affirmative interaction of his administration
• Obasanjo shared his past guidance to erstwhile Transport Minister Rotimi Amaechi regarding the nationalist railway plan

Umuahia, Abia state - Former Nigerian President Olusegun Obasanjo has expressed his concerns implicit the continued poorness successful the country, contempt Nigeria's immense earthy and quality resources.

Speaking astatine a meal organized successful his honour by the Abia authorities Government connected Friday astatine the Government House successful Umuahia, Obasanjo emphasized that Nigerians "have nary concern with poverty" fixed the nation's abundant blessings.

Olusegun Obasanjo, erstwhile Nigerian President, highlighted the persistent poorness successful Nigeria, contempt the nation's wealthiness of earthy and quality resources. Photo credit: @Oolusegun_obj
Source: Getty Images

Call for amended absorption of resources

Obasanjo pointed retired that Nigeria is richly endowed, yet the state continues to endure from wide poverty.

He attributed this contradiction to the mismanagement of resources.

"If we are mismanaging what God has fixed us, we bash not person God to blame, we person ourselves to blame," helium said.

He further stressed the request for amended enactment and governance to pat into the country's potential.

The erstwhile president highlighted that bully governance could alteration Nigeria's fortunes, urging leaders crossed the state to follow amended absorption practices for nationalist resources.

"Nigerians person nary concern with poorness due to the fact that God has fixed america each that we need," Obasanjo declared.

Praise for politician Otti’s leadership

Obasanjo besides took the accidental to commend Governor Alex Otti of Abia for his efforts successful transforming the state.

He praised the governor’s leadership, noting the affirmative nationalist effect to his administration’s performance.

"If we had 18 governors doing good similar Governor Otti, we volition physique the state up," Obasanjo said.

He encouraged Otti to proceed with his bully work, emphasizing that effectual governance is indispensable for the well-being of Nigerians.

"What is important to maine is that the radical of this state are getting what they merit and what they merit is bully governance," Obasanjo added.

Obasanjo’s advisory to Amaechi connected nationalist railway development

Obasanjo besides reflected connected his advisory relation during his tenure arsenic president, peculiarly recalling his guidance to erstwhile Minister of Transport, Rotimi Amaechi.

Olusegun Obasanjo discusses his proposal to Rotimi Amaechi connected nationalist railway development. Photo credit: @ChibuikeAmaechi
Source: Facebook

He shared however helium directed Amaechi to research the archives for a pre-existing nationalist railway improvement program that was important for the country’s development.

"I judge that adjacent if you don’t similar maine if I person pieces of proposal to springiness you, arsenic I did erstwhile you were Minister for Transport, I volition springiness the advice."You didn’t cognize that we had a nationalist program for railway for this country, to scope each authorities superior arsenic we person them present and I told you to spell into the archives, it is there," Obasanjo stated.

Despite the challenges, Obasanjo acknowledged that Amaechi made strides successful his role, though helium noted that determination were areas wherever much advancement was needed.

"As Minister of Transport, you got a spot of it right, you got a spot of it wrong," Obasanjo commented.

Obasanjo explains wherefore helium rejected English name

Previously, Legit.ng reported that erstwhile President Olusegun Obasanjo has revealed why helium nary longer identifies with "Matthew," 1 of the names fixed to him by his parents, stating helium does not fancy it.

Obasanjo, who turned 88 connected Wednesday, March 5, 2025, disclosed this during a nationalist lecture and publication presumption successful Abeokuta, Ogun state, wherever helium besides called for the decolonisation of African names.

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Source: Legit.ng