Former President of Nigeria, Chief Olusegun Obasanjo, has stated that the country, like many other African nations, is hindered in its development due to its over-reliance on foreign assistance.
Obasanjo, who blamed the leaders of the country for the over-reliance, said there is no way African nations can develop if they are unable to think inwardly and develop their own resources.
Speaking on Friday at the 32nd Annual Meeting of Afreximbank in Abuja, Obasanjo said nations like Nigeria, Egypt, Ethiopia, the Democratic Republic of Congo, and South Africa, ought to be leading the continent’s development charge given their demographic, resource, or economic strengths but all of them have fallen below expectation.
