Former Nigerian President Olusegun Obasanjo discussed various issues, including recent military coups in Africa. He highlighted a new trend where coup leaders have the support of youth and intend to remain in power for generations, challenging the concept of liberal democracy in Africa. Obasanjo emphasized the need for a rethink of democratic practices on the continent.
Regarding the power sector,Olusegun Obasanjo recounted his efforts to improve it during his tenure, citing challenges with the completion of power turbines ordered during his presidency. He also shared insights on the failed privatization of Nigeria’s refineries.
In a frank discussion about his support for President Umaru Yar’Adua as his successor, Obasanjo clarified that it was based on recommendations from a committee that assessed candidates and concluded that Yar’Adua had integrity and would not engage in corruption.
Obasanjo expressed concern about Nigeria’s economic situation, critiquing the management of finances and foreign debt. He remarked on President Buhari’s economic policies and the need for responsible economic management.

- African Military Coups: Obasanjo highlighted the resurgence of military coups in Africa, emphasizing the need for a reevaluation of democratic systems. He noted that younger generations of leaders are emerging with strong support, challenging the traditional Western-style liberal democracy’s applicability in African contexts.
- Nigeria’s Power Sector: Obasanjo expressed his frustration with the lack of significant progress in Nigeria’s power sector despite his reform efforts during his presidency. He emphasized the need to address fundamental issues within the sector to achieve meaningful improvements.
- Refineries and Privatization: The former president shared insights into his attempts to involve Shell in managing Nigeria’s refineries. He explained that Shell declined the offer, citing their focus on upstream operations and concerns about corruption within the refineries. He also mentioned a failed attempt to sell two refineries to private investors.
- State Ownership: Obasanjo reflected on his evolving stance regarding state ownership, citing examples of mismanagement and the downfall of state-owned enterprises such as the Nigerian National Shipping Line and Nigerian Airways.
- Nigeria’s Economy: Obasanjo criticized the current state of Nigeria’s economy, particularly the heavy burden of debt servicing. He expressed concern about the lack of economic expertise and reckless spending practices.
- Support for Umaru Yar’Adua: Obasanjo clarified his support for Umaru Yar’Adua’s presidential candidacy, stating that it was based on recommendations from a committee that emphasized Yar’Adua’s integrity and health. He refuted claims of prior knowledge of Yar’Adua’s eventual demise.
In summary, the interview with Olusegun Obasanjo provided valuable insights into his perspectives on governance, policy decisions, and the pressing challenges facing Nigeria. His commentary spanned his presidential tenure and contemporary issues, shedding light on his evolving views and concerns for the nation’s future. Source
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