Nigeria not moving economically as it should – Obasanjo

Former President Olusegun Obasanjo says Nigeria is not where it is meant to be economically.

Obasanjo said this when he spoke at the ongoing Afreximbank Annual Meetings in Abuja on Thursday, June 26.

“We are not where we should be economically. For over three or four decades, Nigeria has taken two steps forward, one step aside, and maybe one or two steps backward.”he said

Obasanjo questioned the idea that Africa’s “lions,” a reference to its most powerful economies, are actually on the move while considering the continent’s potential for growth. He asserted that many of them—including Nigeria—are not progressing at the pace required to spark a continental renaissance.