Home News Femi Falana Reacts To Obasanjo’s Claims Of Making Over 25 Billionaires
News

Femi Falana Reacts To Obasanjo’s Claims Of Making Over 25 Billionaires

Share
Share

FEMI FALANA

Lawyer Femi Falana (SAN) has reacted angrily to ex-President Olusegun Obasanjo’s statement that he created 25 Nigerian billionaires during his administration

Femi-Falana-1-1-1-1-1-1-1

Obasanjo at the 2016 Tony Elumelu Foundation Entrepreneurship Forum while reacting to claim made by Africa’s richest woman, Mrs Folorunsho Alakija earlier at the forum that he cancelled an oil block deal she had with the federal government.

“For you to come here and say that, for no cause whatsoever, you were denied what was rightfully yours, is not fair. “I do not know you from Adam and there is no reason I would have denied you what rightfully belonged to you. “So, you have struggled, and you have struck oil. God bless your heart.

“My delight is to be able to create Nigerian billionaire and I always say it that my aim, when I was in government was to create 50 Nigerian billionaires. “Unfortunately I failed. I created only 25 and Madam, you are one of them,” Obasanjo had said.

Speaking yesterday at a symposium organised by the Department of Political Science, University of Lagos, Falana lambasted Obasanjo over his comment.

He said, “despite the quest to know the rationale behind the fact that Africa is the richest continent, but yet it is the poorest, Obasanjo shamelessly expressed that he created 25 billionaires while he was in power.

“That statement would have been enough to impeach him if he were in power because the wealth of this nation is concentrated in the hands of the few.”

Share
Related News
News

Nigeria’s Hajj Commission Reduces 2026 Pilgrimage Fare, Sets Final Payment Deadline

The National Hajj Commission of Nigeria (NAHCON) has announced a major reduction...

News

Fed Govt To List N1tr Real Estate Fund On NGX To Boost Affordable Housing

The Federal Government will tomorrow list its N1 trillion real estate investment...

News

Zamfara Governor Approves Construction Of New NUJ Secretariat In Gusau

Zamfara State Governor Dauda Lawal has approved the construction of a new...

News

Ned Nwoko Alleges Enemies Exploiting Regina Daniels’ Health To Damage His Reputation

Senator Ned Nwoko, who represents Delta North Senatorial District in Nigeria’s National...