Special Reports
Re: Obasanjo: Why debt is an instrument of leverage for purposeful governance, By ‘Tope Fasua

The tragedy of our times is that there is so much ignorance in the age of information; so much illiteracy in a time when people are educated. The challenge for all is to speak up and keep repeating facts in the hope that somehow facts begin to sink in where they now seem bereft. The times present new challenges. Economies are not what they used to be. And we cannot solve the problems of today by using the same thinking that created them. These are my initial thoughts as I attempt a necessary riposte to the vehement political statements of former President Obasanjo. I call it political even though it is meant to be an economic subject – Nigeria’s debt. But the reasoning and delivery are so well-timed to do damage that the field of economics has to reject what was stated as fact and dump them in the trashcan of chicanery.

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