“Buhari Must Develop Nigeria, Even If He Has To Steal From Other Countries” – World Bank Consultant Tells President



President of Nigeria Economic Society and a World Bank consultant, Olu Ajakaiye, has said the Muhammadu Buhari-led government and subsequent Nigerian governments must develop the country, by force, 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;


“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,”

“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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