Founder of the Afe Babalola University, Ado-Ekiti (ABUAD), Chief Afe Babalola, yesterday, said that none of those aspiring currently to lead could save the country from total collapse. Babalola wondered how the country accumulated the external debt, saying that only insane investors would come and put their money in the country. The legal icon, who […]
Founder of the Afe Babalola University, Ado-Ekiti , Chief Afe Babalola, yesterday, said that none of those aspiring currently to lead could save the country from total collapse. Babalola wondered how the country accumulated the external debt, saying that only insane investors would come and put their money in the country.
The legal icon, who spoke while addressing newsmen at the ABUAD campus, said that the humongous debt, increasing cases of kidnapping, killings and other social malaise plaguing the country, were fallouts of “the inappropriate 1999 Constitution,” which was put in place by the military. “What the National Assembly needs to do is to propose an Act to amend the current Constitution by substituting the 1960/1963 for the 1999 Constitutions and establish interim government pending the making of the new constitution.
The ABUAD founder, who said he was ashamed that Nigeria was labelled the poverty capital of the world, urged President Muhammadu Buhari to borrow a leaf from former President Olusegun Obasanjo by approaching the creditors to seek either total debt forgiveness or substantial reduction of the debt.
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