The Aare Onakakanfo of Yorubaland, Iba Gani Adams, on Thursday queried the reason behind Nigeria’s constant burrowing despite its oil wealth
Adams spoke in his independence anniversary message.
He demanded that each region should be given freedom in order to develop on its own.
Adams decried how past and present leaders drifted from human development policies to self-serving programmes while millions suffer.
He said many countries are doing well because their federation was built on equity, justice, and truth.
Adams advised the government to stop taking excessive loans which are capable of jeopardizing the nation’s future.
He said, “The spate of insecurity has created a lot of fear across the country. This has resulted in the loss of hope, especially, with the federal government’s unending borrowings.
“Many describe Nigeria as the Giant of Africa, but the irony of our present situation is that the federation was built on falsehood. This has affected the entire system.
“All regions are blessed. Development of natural resources, solid minerals, and agriculture can do the magic and help us make more money.”