Three major factors hinder nigerias development obasanjo
A question that takes us back to the days of President Olusegun Obasanjo's administration!
In his book "My Watch", President Obasanjo identified three major factors that hindered Nigeria's development during his time in office (1999-2007). These factors are:
- Corruption: Obasanjo believed that corruption was a major obstacle to Nigeria's development. He argued that corruption had become a way of life in Nigeria, with many public officials embezzling funds meant for development projects. He claimed that corruption had led to a lack of trust in government and had hindered the country's ability to attract foreign investment.
- Inadequate Infrastructure: Obasanjo noted that Nigeria's infrastructure was in a state of disrepair, with many roads, bridges, and other public facilities in need of renovation or replacement. He argued that this had hindered the country's ability to attract businesses and investments, and had made it difficult for people to move goods and services around the country.
- Lack of Human Capital Development: Obasanjo believed that Nigeria's lack of human capital development was a major hindrance to the country's development. He argued that the country's education system was not producing enough skilled and educated workers to drive economic growth and development. He also noted that the country's healthcare system was inadequate, which had led to a high mortality rate and a lack of healthy workers.
These factors, according to Obasanjo, had hindered Nigeria's ability to achieve its full potential and had contributed to the country's slow economic growth and development during his time in office.