Dele Farotimi, a legal expert and commentator, has brought to light a significant revelation about Nigeria’s financial management during General Yakubu Gowon’s tenure as military Head of State…….CONTINUE READING>>>>>>
In an exclusive interview with POSTREPORTERS TV, Farotimi alleges that Gowon, who became Nigeria’s youngest president, once recognized the nation’s primary challenge as its ineffective use of financial resources.
Farotimi contends that during Gowon’s leadership, Nigeria faced numerous challenges, such as the lack of a national power grid, while simultaneously preparing for Festac 77, a prominent cultural event.
His statements imply that despite Nigeria’s financial capacity, there was uncertainty regarding the optimal allocation and use of funds.
Furthermore, Farotimi mentions that while Gowon was not in power during the Festac festival, his tenure saw the commencement of its planning phase.
He said, “The youngest man to ever be Nigeria’s president, Gowon, once said the only problem Nigeria has is Nigeria doesn’t know what to do with money. This was at a time when we didn’t have a national grid.
“Up until now, we still don’t have one, but even at that time, the purpose was unknown; we were busy hosting Festac 77. He was not there by the time, but remember, it had been initiated long before he left.”.….CONTINUE READING>>>>>>
