{"id":283571,"date":"2011-02-26T23:26:00","date_gmt":"2011-02-26T23:26:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/02\/26\/sanusi-warns-of-likely-north-african-revolution-if\/"},"modified":"2011-02-26T23:26:00","modified_gmt":"2011-02-26T23:26:00","slug":"sanusi-warns-of-likely-north-african-revolution-if","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/02\/26\/sanusi-warns-of-likely-north-african-revolution-if\/","title":{"rendered":"Sanusi warns of likely North African revolution if…"},"content":{"rendered":"
\n

Governor of the Central Bank of Nigeria (CBN), Alhaji Lamido Sanusi, yesterday warned that the ongoing revolution in some North African countries may occur in Nigeria if the country fails to utilise its abundant natural resources properly.<\/span><\/p>\n

\u2018\u2019If we do not put our vast resources to use, if we don\u2019t take advantage of these potential, what is happening in North African countries will happen here,\u201d he declared.\u00a0<\/span><\/p>\n

Sanusi sounded the alarm at Nsukka shortly after receiving the degree of Doctor of Business Administration of the University of Nigeria, Nsukka during its 40th convocation ceremony.<\/span><\/p>\n

He regretted that Nigeria has continued to swim in the ocean of underdevelopment despite its huge natural resources.<\/span><\/p>\n

He lamented that despite the existence of huge oil and gas, cassava and cotton, among others, Nigeria continues to import power and starch.<\/span><\/p>\n

Sanusi advised Nigerians to initiate development of the country, noting that foreigners are not in the best position to address the nation\u2019s developmental needs.<\/span><\/p>\n

The Central Bank boss said there was need to use the nation\u2019s abundant huge natural resources to make Nigeria the China of Africa and avoid the revolution that took place in Egypt, Tunisia, among others.<\/span><\/p>\n

He thanked the institution for considering him worthy of the award and promised to do everything within his reach to reciprocate the gesture.<\/span><\/p>\n

President Goodluck Jonathan, who is also the visitor to the institution, reiterated the commitment of his administration to credible elections in the country.<\/span><\/p>\n

He stated that he wants to be remembered for \u201cgiving Nigerians credible election.\u201d<\/span><\/p>\n

Jonathan, who was represented by Minister of Education, Professor Ruquyyatu Rufai advised students not to allow themselves to be used as thugs during the forthcoming polls.<\/span><\/p>\n

He said: \u201cAs we continue to make great sacrifice for youth development, our hope is that the youths will be key drivers in the development of this nation. I hope to rise as the occasion demands in the quest to attain our full potentials as a great nation.\u201d<\/span><\/p>\n

Present at the event, were Sanusi\u2019s predecessor, Professor Chukwuma Soludo, Minister of Petroleum, Mrs \u00a0Deziana \u00a0Allison-Madueke , among others.<\/span><\/p>\n<\/div>\n

See the rest here:
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Governor of the Central Bank of Nigeria (CBN), Alhaji Lamido Sanusi, yesterday warned that the ongoing revolution in some North African countries may occur in Nigeria if the country fails to utilise its abundant natural resources properly. \u2018\u2019If we do not put our vast resources to use, if we don\u2019t take advantage of these potential, what is happening in North African countries will happen here,\u201d he declared.\u00a0 Sanusi sounded the alarm at Nsukka shortly after receiving the degree of Doctor of Business Administration of the University of Nigeria, Nsukka during its 40th convocation ceremony. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-283571","post","type-post","status-publish","format-standard"],"yoast_head":"\nSanusi warns of likely North African revolution if... - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/02\/26\/sanusi-warns-of-likely-north-african-revolution-if\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Sanusi warns of likely North African revolution if... - 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