Former Nigerian President, Olusegun Obasanjo, has mentioned there was no possibility for the following generations of Africans apart from to assist in the reimbursement of the debt burden incurred by present leaders.
It could be recalled that Obasanjo because the nation’s President in 2003 secured a debt aid for Nigeria, likewise his counterpart from Algeria on the identical interval.
Obasanjo, nonetheless, famous that with the extent of mismanagement of the earlier money owed written off, it might be nearly inconceivable for any administration to get the same gesture within the continent.
Obasanjo mentioned this at an engagement programme with the 2023 awardees of Future Africa Leaders Basis, an initiative of Pastor Chris Oyakhilome.
Obasanjo famous that the money owed have been a entice that no particular person or nation ought to fall into because it constitutes an albatross on any economic system.
The previous president who asserted that management was the primary drawback going through the continent emphasised that,”the approaching generations may have no selection however pay the present debt being incurred by completely different nations within the continent.”
He counseled Pastor Oyakhilome for the efforts put into constructing leaders, including that the nation wanted extra folks like him to handle the management disaster going through the continent.
Highlighting the qualities of a frontrunner through the query and reply session, Obasanjo mentioned, “a frontrunner ought to be capable to set good examples, be daring and brave when making selections, settle for errors and study from them, in addition to have a sensible dream.”