Before I Die Lagos Must Become Third Largest Economy In Africa – Obasanjo
Former President Olusegun Obasanjo, yesterday, highlighted some of the
reasons why all Nigerian leaders after his administration were unable to
increase power generation from where he left it 10 years ago.
He also said Lagos would become Africa’s third largest economy before in
his lifetime, noting that the state government was already making it an
Speaking in Lagos at the launch of a book, “Making Africa Work,” which
he co-authored with Director of Brenthurst Foundation, Dr. Greg Mills;
President of NEWSEUM, Dr. Jeffrey Herbst and Major General Dickie Davis
(retd), Obasanjo said lack of good leadership, continuity in governance
and financial constraints were responsible for the diminishing status of
power generation in the country.
Obasanjo explained that his administration came up with an agenda called
‘NEEDS,’ which is National Economic Empowerment Strategy, to deal with
power and other problems confronting the nation.
He said: “The idea is that we would have something that will lead us in
every aspect of governance and we make federal, states and local
governments buy into it.
“When we were planning it, we went round the country, sample people’s
opinion and consult traditional leaders. The incoming administration
after us was not left out in it and during my administration, we
implemented the first phase of NEEDS and it was supposed to be
“But to my surprise, the administration that succeeded our tenure, which campaigned on the basis of continuity, failed us.
Obasanjo also said Lagos would be Africa’s third largest economy before
he dies, adding that the necessary structures were already being put in
place to achieve that.
“Even though people said I look like someone who is in the departure
lounge, Lagos will become the third largest economy before I take my
boarding pass,” he said.
The Kogi state house of Assembly has elected a new speaker
The Kogi state house of Assembly has elected a new speaker to replace
Umar Ahmed Imam who resigned yesterday. His name is Hon Mathew Kolawole,
a member representing Kaba/Bunu state constituency.
Police Kill Suspected Robbers In Imo
Two suspected armed robbers have been shot dead in Akokwa, in the Ideato
North Local Government Area of Imo State, during a gun duel with
operatives of the Special Anti-Robbery Squad of the state police
A police source, who confided in Punch
Metro when the two corpses were brought to the police command in
Owerri, said the exchange of gunfire between policemen and the suspects
took place at about 9.30pm on Monday at a drinking joint in Akokwa.
He explained that on arrival, the robbers shot indiscriminately into the
air before ordering all customers, the joint owner and his children to
“On receiving information that the gang was operating, SARS operatives
mobilised to the scene. On sighting our men, they opened fire on them,
but we were able to gun down two, while four escaped with bullet
injuries,” he added.
The shop owner, Elochukwu Irechukwu, said the gunmen robbed him and his
customers of money, phones, generator and other valuables.
The state Commissioner of Police, Chris Ezike, said his men were determined to flush out criminals from the state.
I Am APC Member “Body And Spirit’’ – Saraki
The President of the Senate, Bukola Saraki, said contrary to
insinuations, he was a full member of All Progressives Congress, APC,
and remained there “body and spirit’’.
Mr. Saraki said at the News Agency of Nigeria Forum in Abuja that the
speculations were part of the mischievous activities against him and
urged the public the discountenance them.
He said that those spreading such information were doing so as propaganda for the Peoples Democratic Party, PDP.
He, therefore, charged the National Executive Committee, NEC, of the
party to wake up to its responsibility as it had remained without
activities for too long.
The president of the senate said that the docility in the party was
giving room for unfounded allegations against some of its members.
According to him, if the party had organised regular NEC meetings and
other caucus meetings, there would have been enough activities to
determine who the true members are.
“I think there is no APC member that will tell you he is happy with the
state of affairs of the party; there is a lot of work that we need to
“The party that hasn’t met for a long time, it’s beyond comprehension
and I think that we should all quickly put that in order and start to
get NEC, caucus and others going.
“We need to start early to get the drive in the party back.