- A World Bank consultant, Olu Ajakaiye, says world nations have stolen their way to development
- Ajakaiye applauds Buhari’s economic recovery and growth plan as a good one
- The economist says the growth recorded from 2010 to 2014, under the leadership of Goodluck Jonathan, was fictitious in nature
A World Bank consultant, Olu Ajakaiye, has said President Muhammadu Buhari-led government and subsequent Nigerian governments must develop the country, even if it means stealing from other countries.
Ajakaiye, who is the president of Nigeria economic society made the statement on Tuesday, April 11, during his keynote address at the 2017 edition of “The Bullion Lecture" organised by the centre for financial journalism, The Cable reports.
NAIJ.com learnt that the economist noted that many first world nations have stolen their way to development.
“Let us therefore not be under any illusion and say the market will do it. They have to make sure they provide the market, whatever it takes, including stealing from other countries,” he said.
“The developed systems that we have now were as a result of resources taken from here, and they are ahead. Their government didn’t say we would be nice guys, we would not go and steal.
“They carried our people, young people, valuable people, and they now established the first world,” the renowned consultant noted.
Ajakaiye applauded Buhari’s economic recovery and growth plan as a good one, if properly implemented and funded according to targets.
He noted that the growth recorded from 2010 to 2014, under the leadership of Goodluck Jonathan, was fictitious in nature.
Meanwhile, the federal government says it will provide at least 15 million jobs for Nigerians by the year 2020 as captured in the recently launched Economic Recovery and Growth Plan (ERGP), the federal government says it will provide at least 15 million jobs for Nigerians by the year 2020.
NAN reports that the minister of Budget and National Planning, Sen Udoma Udo Udoma, announced this at a news conference on ERGP in Abuja.
In the video below, NAIJ.com conducts a price survey at the Barga market, Lagos. Watch: