FOLLOWING ARE EXCERPTS FROM ABIOLA’S SPEECH ON THE DAY HE DECLARED HIS PRESIDENCY AT EPETEDO, LAGOS ISLAND, ON SATURDAY, JUNE 11, 1994:
“We are sickened to see people who have shown little or no personal achievement, either in building up private businesses, or making success of any tangible thing, being placed in charge of the management of our nation’s economy, by rulers who are not accountable to anyone. Enough of square pegs in round holes. We are tired of the military repetitive tendency to experiment with our economy: Today, they say “No Controls.” Tomorrow, they say “Full Controls.” The day after, they say “Fine Tuning.” The next day, they say “Devaluation.” A few days later, they say “Revalue the same Naira upwards again, abi?” All we can see are the consequences of this permanent game of military “about turns”: high inflation, a huge budget deficit and an enormous foreign debt repayment burden, dying industries, high unemployment and a demoralised populace. Our youths, in particular, can see no hope on the horizon, and many can only dream of escaping from our shores to join the brain drain. Is this the Nigeria we want?”

“We are sickened to see people who have shown little or no personal achievement, either in building up private businesses, or making success of any tangible thing, being placed in charge of the management of our nation’s economy

He was referring to President Stupido here.