Adedapo Adesanya
By Adedapo Adesanya
Top Nigerian philanthropist, Mr Tony Elumelu, has lamented the worsening state of the business environment in Nigeria, stating that things could get out of hand.
In a long Twitter rant on Thursday, the banker revealed that his industry colleagues bemoaned the very pressing issues that they face every day in the country.
He noted that businesses in the country are suffering, explaining that “things have been getting worse and worse – no electricity for 5 days, hikes in the price of diesel, frightening food inflation, etc.”
“Businesses are suffering. How can we be losing over 95% of oil production to thieves? Look at the Bonny Terminal that should be receiving over 200k barrels of crude oil daily, instead, it receives less than 3,000 barrels, leading the operator @Shell to declare force majeure.
“How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty? I have often said that access to electricity is critical for our development, alleviation of poverty and hardship. And speaking of security, our people are afraid!
“Meanwhile, oil-producing countries are smiling as their foreign reserves rise. What is Nigeria’s problem? We need to hold our leaders more accountable!
“Elections are coming – security and resources need to be everyone’s agenda – let’s be vocal for our nation’s priority,” the Chairman of UBA Group said.
He then challenged Nigerians ahead of the 2023 general elections, charging them not to remain silent.
“Evil prevails when good people are silent. We need to be vocal about 2023. Let’s focus on Nigeria. Demand and advocate for leaders that deliver.
“In 2023, Nigeria must be on a strong trajectory for progress and development,” he added.
