The deposed Emir of Kano and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, said Nigeria is heading towards becoming like her West African counterparts, Mali and Burkina Faso.
The pair have grinding poverty with one of world’s highest population of illiterates and are under military rule with serious violence finding home in both countries.
Sanusi said there were ominous signs that Nigeria would end up like both countries if leadership failure and corruption continued to reign supreme.
He made this assertion in Kaduna on Saturday while addressing notable politicians at a Kaduna Investment programme titled, “Building a resilient economy”, saying, “In 2023, if we have an election, we cannot continue to have the trend. Because any continuation will lead to insecurity and might get us to Mali, Burkina Faso’s situation.”
The former CBN governor also said,“Nigeria has continued to be a rentier state. It does not exist for development but as a sight of rent, and extraction to make those who control the state rich turning them into billionaires overnight.”