In every community, there is a class of people profoundly more dangerous to the rest. I don’t mean the criminals. For them we have punitive sanctions. I mean the leaders. Invariably, the most dangerous people seek power— Saul Bellow.


P&ID,
Obasanjo, Yaradua, Jonathan and Buhari
THREE Nigerian presidents, named above, their ministers of justice, as well as ministers of finance, have finally landed 190 million fellow citizens in boiling water financially from which only God can deliver us. This predicament readily brings to mind that observation by Honore De Balzac, 1799-1850 in Lost Illusions: “I am beginning to wonder how many fools it takes to make the term “My Fellow Citizens”.


Since January 2010, our three leaders had kept hidden from us an unpleasant truth which would deepen our poverty and make any strong economic recovery totally impossible for years to come. Typical African leaders, they collectively forgot that statement about truth carved on stone by Emile Zola, 1840-1902: “If you shut up truth and bury it underground, it will but grow and gather to itself such explosive power that the day it bursts through, it will blow up everything in its way.”

The truth that the Federal Government of Nigeria entered into an agreement in the last days of Yar’Adua, which was hidden from “fellow citizens” since 2010, has finally burst through and is now threatening to blow up everything (mostly the Nigerian economy) in its way.

Falana asks court to compel FG recover $40bn, N481bn(Opens in a new browser tab)

To begin with, the $9.6 billion judgment against Nigeria represents about...

Source: Lailas Blog