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Ex-CBN Governor, Soludo Explodes

Professor Charles Soludo, former Governor of Central Bank of Nigeria (CBN) has made a shocking revelation.

He said; “With an urbanisation rate of over five per cent, the conflagration that might ensue when hundreds of millions surge to the cities but can’t find jobs, housing, water, and food can only be imagined. Soon, I believe, the rich won’t be able to sleep because the poor, homeless and angry are awake.”

“Whatever the case, the challenge is how to deliberately optimise the potential of the huge youthful population to be highly productive at home and competitive or exportable abroad.”

“Nigeria earns almost as much from oil as it earns from remittances from the diaspora. But we cannot export illiterates in a world driven by the digital revolution.”

“The easiest way to waste the future is to continue to churn out millions of semi-illiterates, largely unemployable citizens, most of whom see criminality as the only way to escape poverty trap or drug as the opium for solace.”

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