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Obasanjo Warns of Societal Instability Amidst Nigeria’s Economic Hardship.

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Former President Olusegun Obasanjo recently cautioned that Nigeria is currently facing a precarious situation, drawing a parallel to “sitting on a gunpowder keg.” His remarks, delivered at Dele Momodu’s leadership lecture, underscored the widespread hardship endured by Nigerian citizens.

President Obasanjo highlighted the disparity between Nigeria’s economic potential and its current reality, emphasizing the need for proactive leadership. He argued that poverty eradication requires a concerted effort focused on education and good governance, citing China’s success in lifting millions out of poverty as a benchmark.

He stressed the pivotal role of leadership characterized by “communality” and integrity in addressing societal challenges. Obasanjo further asserted that prioritizing education is paramount to banishing poverty and fostering a future where Nigeria earns the respect of the international community. His statements serve as a stark reminder of the urgency required to address the root causes of poverty and inequality within the nation.

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