{"id":136515,"date":"2024-01-04T13:21:40","date_gmt":"2024-01-04T13:21:40","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/01\/04\/nigerias-current-debts-will-have-to-be-paid-by-coming-generations-obasanjo-laments-leadership-failures\/"},"modified":"2024-01-04T13:21:40","modified_gmt":"2024-01-04T13:21:40","slug":"nigerias-current-debts-will-have-to-be-paid-by-coming-generations-obasanjo-laments-leadership-failures","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/01\/04\/nigerias-current-debts-will-have-to-be-paid-by-coming-generations-obasanjo-laments-leadership-failures\/","title":{"rendered":"Nigeria\u2019s Current Debts Will Have To Be Paid By Coming Generations \u2013 Obasanjo Laments Leadership Failures"},"content":{"rendered":"<p><\/p>\n<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-900355\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/11\/1701003768_Obasanjo.jpg\" alt=\"\" width=\"650\" height=\"350\"  \/><\/p>\n<p>Former President Olusegun Obasanjo says the brunt of the debt burden that have crippled Nigeria\u2019s economy, would be bore by the coming generations who would have no option but to pay.<\/p>\n<p>He stated this via a Wednesday statement by his Media Aide, Kehinde Akinyemi, while speaking on the incompetent mismanagement of the country\u2019s resources that has made the nation ensnared in a destructive debt trap.<\/p>\n<p>According to the statement, the elder statesman spoke during an engagement with 2023 awardees of the Future Africa Leaders Foundation, an initiative of Pastor Chris Oyakhilome of the Christ Embassy Church.<\/p>\n<p>Obasanjo during his administration as the President in 2003, secured a debt relief for Nigeria likewise his counterpart from Algeria at the same period.<\/p>\n<p>He, however, asserted that with the recklessness and mismanagement of the previous debts written off for the country, it would be almost impossible for any administration to get similar gesture in the continent.<\/p>\n<p><strong>READ ALSO: \u201cTinubu Is Walking The Talk\u201d \u2014 APC Tackles PDP Over Comments On Tinubu\u2019s 2024 Message<\/strong><\/p>\n<p>Debts, he said, were a trap that no individual or nation should fall into as it constitutes an albatross on any economy.<\/p>\n<p>The former President disclosed that leadership was the number one problem facing the continent.<\/p>\n<p>He said \u201cthe coming generations will have no choice but pay the current debt being incurred by different countries in the continent.\u201d<\/p>\n<p>Highlighting the qualities a leader during the questions and anwers session, Obasanjo said, \u201ca leader should be able to set good examples, being bold and courageous when making decisions, accepting mistakes and learning from them as well as having a realistic dream<\/p>\n<p>He hailed Pastor Oyakhilome for the efforts being put into building leaders, adding that the nation needed more people like him to address the leadership deficit facing the continent.<\/p>\n<div class=\"code-block code-block-7\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div data-advadstrackid=\"890536\" data-advadstrackbid=\"1\" class=\"infor-target\" id=\"infor-1618026177\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/12\/300x250b.gif\" alt=\"\" width=\"300\" height=\"250\"\/><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former President Olusegun Obasanjo says the brunt of the debt burden that have crippled Nigeria\u2019s economy, would be bore by the coming generations who would have no option but to pay. He stated this via a Wednesday statement by his Media Aide, Kehinde Akinyemi, while speaking on the incompetent mismanagement of the country\u2019s resources that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":123860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-136515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria\u2019s Current Debts Will Have To Be Paid By Coming Generations \u2013 Obasanjo Laments Leadership Failures - 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\/2024\/01\/04\/nigerias-current-debts-will-have-to-be-paid-by-coming-generations-obasanjo-laments-leadership-failures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s Current Debts Will Have To Be Paid By Coming Generations \u2013 Obasanjo Laments Leadership Failures - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Former President Olusegun Obasanjo says the brunt of the debt burden that have crippled Nigeria\u2019s economy, would be bore by the coming generations who would have no option but to pay. 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