{"id":431910,"date":"2011-05-28T23:09:06","date_gmt":"2011-05-28T23:09:06","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/"},"modified":"2011-05-28T23:09:06","modified_gmt":"2011-05-28T23:09:06","slug":"soludo-nigeria-must-plan-to-survive-without-oil","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/","title":{"rendered":"Soludo: Nigeria must plan to survive without oil"},"content":{"rendered":"
\n

BY WOLE MOSADOMI,<\/strong> MINNA<\/p>\n

Former governor of Central Bank, Professor Chukuemeka Charles Soludo, says the only way out of\u00a0 the economic quagmire in Nigeria is for government to stop depending solely on oil and focus on other economic ventures especially agriculture.<\/p>\n

He noted that the oil and other mineral resources the country is endowed with, rather than be a blessing have turned the people to a bunch of lazy people who mostly depend\u00a0 on the oil revenue for development rather than exploiting\u00a0 other avenues.<\/p>\n

Soludo, who was the guest lecturer at the Niger State inauguration lecture with the theme, \u201cTowards the economic transformation and fiscal viability of Nigerian states\u201d to usher in the second term of Governor Mua\u2019zu Babangida Aliyu, said: \u201coil money, rather\u00a0 than being a blessing, has been a product for laziness where governors and the people of their respective\u00a0 states expect free money to execute their programmes.\u201d<\/p>\n

\u201cWe have depended on oil for fifty years,\u00a0 i.e since independence, and this has not\u00a0 taken us anywhere and it is not likely to take us anywhere\u00a0 as long as we rely solely on this and this is why we have to plan for the next fifty years outside oil if we want to survive as a nation\u201d, the former CBN governor declared.
He called on all state governors to exploit the resources in their states by tapping them and utilizing them for\u00a0 rapid\u00a0 transformation rather than wait patiently\u00a0 for the federal allocation to carry\u00a0 out their projects.<\/p>\n

Rev. Matthew Hassan Kuka, who was one of the discussants, noted that the country is in its precarious situation because most of our leaders cannot correct the wrong doings in the society because they are also involved in them.<\/p>\n

Hamman Tukur, in his own contribution, noted that the ultimate of any government is on now to get money to impact on the lives of the electorate, pointing\u00a0 out that out of insufficiency, it may be difficult for such leader to save for the future as advised by Soludo.
The last discussant, Alhaji Suleyman Ndanusa, emphasised on values in the society which, he said, the present leaders should use in governing the country.<\/p>\n<\/div>\n

Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n

See the article here:
\nSoludo: Nigeria must plan to survive without oil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BY WOLE MOSADOMI, MINNA Former governor of Central Bank, Professor Chukuemeka Charles Soludo, says the only way out of\u00a0 the economic quagmire in Nigeria is for government to stop depending solely on oil and focus on other economic ventures especially agriculture. He noted that the oil and other mineral resources the country is endowed with, rather than be a blessing have turned the people to a bunch of lazy people who mostly depend\u00a0 on the oil revenue for development rather than exploiting\u00a0 other avenues. Soludo, who was the guest lecturer at the Niger State inauguration lecture with the theme, \u201cTowards the economic transformation and fiscal viability of Nigerian states\u201d to usher in the second term of Governor Mua\u2019zu Babangida Aliyu, said: \u201coil money, rather\u00a0 than being a blessing, has been a product for laziness where governors and the people of their respective\u00a0 states expect free money to execute their programmes.\u201d \u201cWe have depended on oil for fifty years,\u00a0 i.e since independence, and this has not\u00a0 taken us anywhere and it is not likely to take us anywhere\u00a0 as long as we rely solely on this and this is why we have to plan for the next fifty years outside oil if we want to survive as a nation\u201d, the former CBN governor declared<\/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-431910","post","type-post","status-publish","format-standard"],"yoast_head":"\nSoludo: Nigeria must plan to survive without oil - 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\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Soludo: Nigeria must plan to survive without oil - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"BY WOLE MOSADOMI, MINNA Former governor of Central Bank, Professor Chukuemeka Charles Soludo, says the only way out of\u00a0 the economic quagmire in Nigeria is for government to stop depending solely on oil and focus on other economic ventures especially agriculture. He noted that the oil and other mineral resources the country is endowed with, rather than be a blessing have turned the people to a bunch of lazy people who mostly depend\u00a0 on the oil revenue for development rather than exploiting\u00a0 other avenues. Soludo, who was the guest lecturer at the Niger State inauguration lecture with the theme, \u201cTowards the economic transformation and fiscal viability of Nigerian states\u201d to usher in the second term of Governor Mua\u2019zu Babangida Aliyu, said: \u201coil money, rather\u00a0 than being a blessing, has been a product for laziness where governors and the people of their respective\u00a0 states expect free money to execute their programmes.\u201d \u201cWe have depended on oil for fifty years,\u00a0 i.e since independence, and this has not\u00a0 taken us anywhere and it is not likely to take us anywhere\u00a0 as long as we rely solely on this and this is why we have to plan for the next fifty years outside oil if we want to survive as a nation\u201d, the former CBN governor declared\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Soludo: Nigeria must plan to survive without oil\",\"datePublished\":\"2011-05-28T23:09:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\"},\"wordCount\":391,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\",\"name\":\"Soludo: Nigeria must plan to survive without oil - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-05-28T23:09:06+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Soludo: Nigeria must plan to survive without oil - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/","twitter_card":"summary_large_image","twitter_title":"Soludo: Nigeria must plan to survive without oil - Ghanamma.com","twitter_description":"BY WOLE MOSADOMI, MINNA Former governor of Central Bank, Professor Chukuemeka Charles Soludo, says the only way out of\u00a0 the economic quagmire in Nigeria is for government to stop depending solely on oil and focus on other economic ventures especially agriculture. He noted that the oil and other mineral resources the country is endowed with, rather than be a blessing have turned the people to a bunch of lazy people who mostly depend\u00a0 on the oil revenue for development rather than exploiting\u00a0 other avenues. Soludo, who was the guest lecturer at the Niger State inauguration lecture with the theme, \u201cTowards the economic transformation and fiscal viability of Nigerian states\u201d to usher in the second term of Governor Mua\u2019zu Babangida Aliyu, said: \u201coil money, rather\u00a0 than being a blessing, has been a product for laziness where governors and the people of their respective\u00a0 states expect free money to execute their programmes.\u201d \u201cWe have depended on oil for fifty years,\u00a0 i.e since independence, and this has not\u00a0 taken us anywhere and it is not likely to take us anywhere\u00a0 as long as we rely solely on this and this is why we have to plan for the next fifty years outside oil if we want to survive as a nation\u201d, the former CBN governor declared","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/"},"author":{"name":"","@id":""},"headline":"Soludo: Nigeria must plan to survive without oil","datePublished":"2011-05-28T23:09:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/"},"wordCount":391,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/","url":"https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/","name":"Soludo: Nigeria must plan to survive without oil - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-05-28T23:09:06+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/05\/28\/soludo-nigeria-must-plan-to-survive-without-oil\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/431910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=431910"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/431910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=431910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=431910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=431910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}