Elder statesman and former Minister
of Information, Prince Tony Momoh, has blamed the current economic crisis in
the nation on past administration’s failure to save for the future.
He said, “I have seen a lot of
money taken away by the past administration and because of this, the present
administration is trying to revive the economy.
“There is no money to establish
industries to absorb them. Our youths are now roaming the streets. And when
they do, we are not safe. We must engage the youth and for we to overcome all
these challenges, our institution of learnings must incorporate entrepreneurial
and technical courses in their curriculum”, he said.
“The youth in Nigeria today, they
lack understanding, for instance, when the last administration was there, we
have to save money for the rainy day but we failed to do so. We ate the future
in the present. Now you know, the present is today but yesterday, was the
present. So yesterday, looking at today, we are looking at the future. All of
you here, all your entitlements, you sat down and ate it.
“All of you who were growing up,
what we should have done to empower you, we did not do. Today, you are
deprived. Obasanjo left money, Yar’Adua left money and Jonathan inherited the
money but unfortunately by the time he left, we have eaten the money and not
Jonathan that ate the money but people ate the money,” he said.
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