HomePoliticsObasanjo: Most Nigerian Politicians Seek Office to Enrich Themselves

Obasanjo: Most Nigerian Politicians Seek Office to Enrich Themselves

Published on


Key Points

  • Obasanjo accused Nigerian politicians of using public office for personal gain.
  • He criticized the Lagos-Calabar Coastal Highway project as wasteful and corrupt.
  • He called for an alternative governance model that better suits African realities.

Former President Olusegun Obasanjo has criticized Nigeria’s political leadership, stating that most politicians seek public office not to serve, but to enrich themselves and their associates.

He made this assertion in his newly released book, Nigeria: Past and Future, which was unveiled during his 88th birthday celebration last week.

Politicians prioritizing personal wealth

Obasanjo accused political officeholders of exploiting their positions to accumulate wealth at the country’s expense.

He described many leaders, including governors, ministers, and local government chairpersons, as ill-prepared, self-serving, and corrupt.

“How do you explain a situation where a businessman owing billions in bank loans becomes a governor, and within two years, clears all debts without his company doing any business?” Obasanjo asked.

“It’s easy to guess where the money comes from.”

He further alleged that these politicians seize public resources, distribute small amounts to close associates to silence opposition and leave office with the country worse than they found it.

Criticism of Lagos-Calabar highway project

The former president also condemned the N15.6 trillion Lagos-Calabar Coastal Highway project, calling it wasteful and corrupt.

He criticized the government for awarding the contract to Hitech Construction Company without competitive bidding, linking the deal to President Bola Tinubu’s long-time associate, Gilbert Chagoury.

“The president has ignored widespread protests against this project, which serves as another example of misplaced priorities and corruption,” Obasanjo remarked.

He also denounced the government’s decision to spend N21 billion on a new official residence for Vice President Kashim Shettima, labeling it an extravagant expense amid economic hardship.

Call for a new governance model

Obasanjo argued that Nigeria should rethink its governance system.

He questioned the effectiveness of Western liberal democracy in the country and proposed an African-centered alternative, which he called Afrodemocracy.

“If even the West is complaining about democracy not working well for them, why are we not reassessing its effectiveness in our own context?” he asked.

He advocated for a system rooted in African traditions, history, and values, tailored to address the continent’s unique challenges.

SourceVanguard

Latest articles

Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.

Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...

Fidson hails BoI and EIB roles in expanding pharmaceutical manufacturing

Fidson Healthcare has commended the Bank of Industry and EIB for concessionary financing that has driven its growth in pharmaceutical manufacturing, jobs and green production.

NIWA moves to clean up waterways and boost blue economy investment

NIWA has launched a comprehensive clean-up of Nigeria's inland waterways to tackle pollution, improve navigation safety and attract investment into the country's blue economy.

More like this

Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.

Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...

Fidson hails BoI and EIB roles in expanding pharmaceutical manufacturing

Fidson Healthcare has commended the Bank of Industry and EIB for concessionary financing that has driven its growth in pharmaceutical manufacturing, jobs and green production.