Nigeria is heading to bankruptcy – Otitoju

Nigeria is heading to bankruptcy, economy being run like children - BKO Nigeria is heading to bankruptcy, economy being run like children - BKO

Veteran Journalist and star-guest analyst on Journalists’ Hangout, Babajide Kolade-Otitoju, has reacted to the former Emir Sanusiโ€™s statement on the state of Nigeria’s economy.

The former governor of Central Bank had last week said that โ€œwe were in a deep hole in 2015 and between 2015 and now, we have been digging ourselves into a deeper hole”.

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But in his reaction, Otitoju said he agrees to the statement of the former governor of CBN, adding that โ€œthe Nigeria economy is on a cliffโ€ and โ€œyou donโ€™t have to be a masters degree holder to know Nigeria is heading to bankruptcyโ€.

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The former Emir of Kano had said last week that while we agreed that we were in deep hole in 2015, the situation has become worrisome that Nigeria is now in a deeper hole.

 

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