Former President Olusegun Obasanjo yesterday carpeted the immediate past administration of President Goodluck Jonathan, saying his advice on the prevailing economic crisis, was ignored two years ago.

The former president also accused Jonathan of lifting the ban on importation of products like toothpick, which he said could have been taken over by local industries without encumbrances.



Obasanjo, who spoke at the official opening of the National Council on Finance and Economic Development (NACOFED) in Abeokuta, Ogun State yesterday, said the only way Nigeria could urgently step out of the current economic recession is for it to seek foreign loan.

The former president, who was the Father of the Day at the opening session, said he had warned former President Jonathan on the impending recession in November 26, 2014 when he joined others to celebrate the birthday of pioneer Chairman of the Independent Corrupt Practices and other related offences Commission, ICPC, retired Justice Mustapha Akanbi.



“I reminded the government that we were spending more than we were earning; that very soon, the country would not be able to fund the budget… Unfortunately, the government then refused to listen to my advice”, he told the gathering.

Obasanjo went further to state that when he discovered the ban on the importation of toothpick was reversed by the Jonathan administration, he visited the then president in Abuja to ask why he lifted the ban on toothpick and Jonathan said he did not read before he approved.

Speaking further on the way out for Nigeria, Obasanjo said there were three options, explaining, “The three options are we have to spend less, we must endeavor to earn and then the last one is to borrow, and this if we must, we do it fast and now”.

He, however, cautioned against doing the bidding of the World Bank and International Monetary Fund (IMF).



http://www.informationng.com/2016/09/jonathan-blame-recession-obasanjo.html

Any clue on who Amaechi was referring to in that audio?

Because of Jonathan misruled.. economic and corruption were not solved .the nation was assaulted and dragged in the mud.it became obvious that the national leadership was nearing its collapse when Buhari came in.

bkool7:
Any clue on who Amaechi was referring to in that audio?

Absolutely correct

bkool7:
Any clue on who Amaechi was referring to in that audio?

Base on this report, we can logically assume it is Jonathan.

“I reminded the government that we were spending more than we were earning; that very soon, the country would not be able to fund the budget… Unfortunately, the government then refused to listen to my advice”, he told the gathering.



This quote should be written in bright colours and laminated or preferably written in neon lights and pasted on front of PDP and it's supporters, whenever they say or write that Buhari caused the recession Nigeria went through.

bkool7:
Any clue on who Amaechi was referring to in that audio?

the full audio is out and it's been confirmed that he was referring to Buhari so that makes your thread very stupid

Mumu followers!

They said they were bringing change, but they took the nation from frying pan to fire.

Jonathan and the past administration were the ones who brought recession to our land.

bkool7:



he visited the then president in Abuja to ask why he lifted the ban on toothpick and Jonathan said he did not read before he approved it.

http://www.informationng.com/2016/09/jonathan-blame-recession-obasanjo.html

The man has been clueless from the start.

Oh God, we pray to you, never let these kind of people to lead us

Oh God guide us to the next level

How would he read when he was daily on Otuoke Ogogoro

SalamRushdie:


the full audio is out and it's been confirmed that he was referring to Buhari so that makes your thread very stupid

It still doesn't change the fact that Gej doesn't read, does it?