RECESSION: OBJ accused his successor Goodluck Jonathan for reckless spending

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Recession

Former President Obasanjo yesterday said the immediate past president, Goodluck Jonathan, ignored all his warning of an impending recession and the effects of reckless spending which he saw in the past government. Obasanjo made the accusation while speaking at a lecture organised by the Youth Fellowship of Owu Baptist Church, Abeokuta to mark Nigeria’s Independence Day anniversary.

“Unemployment is a major problem in the country today and if we don’t take care, it will consume all of us. In fact, the rising unemployment is a time bomb. Whoever that has lived to witness the celebration of today should thank God. Things are not what they should be, but we should pray that next year will be better than this year. We thank God for those who are alive, we prayed for the souls of those who have labored for this country and who have passed on to rest in perfect peace”he said

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