B-O-M-B-S-H-E-L-L: World Bank Consultant, Ajakaiye Drop Full Details Of How Jonathan’s Fake Economy Destroyed Nigeria Today {Must Read}

Hours After Ex President Jonathan Says, Nigerians Still Believe In PDP - See The Mind Blowing Thing That Happened This Morning

Hours After Ex President Jonathan Says, Nigerians Still Believe In PDP - See The Mind Blowing Thing That Happened This Morning

A World Bank consultant, Olu Ajakaiye has described economic growth under ex-president Jonathan as fake.

He said President Muhammadu Buhari-led government should develop the nation.

Ajakaiye also noted that the government should not leave development for markets to handle A consultant to World Bank and president of Nigeria Economic Society, Olu Ajakaiye has stated that the economic growth recorded from 2010 to 2014, under the leadership of Goodluck Jonathan, was fictitious in nature.

Ajakaiye further stated that the Muhammadu Buhari-led government and subsequent Nigerian governments must develop the country, even if it means stealing from other countries.

Ajakaiye, who was the keynote speaker at the 2017 edition of the Bullion lecture organised by the Centre for Financial Journalism, said many first world nations have stolen their way to development.

Ajakaiye said the government must not leave development for the markets to handle, but combine all instruments, positions, variables and policies to drive growth and 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.” Ajakaiye dissected Buhari’s economic recovery and growth plan (ERGP), and applauded it as a good plan, if properly implemented and funded according to targets.

The development economics specialist said the ERGP has set out 21 clear programmes, with 60 strategies and 365 key activities, which has been assigned to lead agencies across the public and private sectors. He said N75.03 trillion will be needed to implement the plan, which runs from 2017 to 2020.

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