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Why Nigeria may die in recession – Abubakar

A former Minister of Finance, Alhaji Abubakar Alhaji has stated that Nigeria may die in recession if the proper steps are not taken to reduce expenses.

Alhaji, a political economist and long serving Permanent Secretary, said this in an interview with Sun, where he also noted that regionalism will save Nigeria from its current economic challenges.

The former Minister, currently holding the title of Saduana of Sokoto, said creating more states won’t solve the country’s ethnicity problem.

“If you cut your cloth according to your cloth, you will get out of recession.

“You cannot have thirty-six, thirty-six governors, thirty-six states commissioners and you say you want to get out of recession. You may even die inside recession if care is not taken

“These states were created out of selfish reasons by the past leaders.

“Let’s look at it like this. If you have thirty-six states, you will have thirty-six governors. You have thirty-six state assemblies. May be thirty-six commissioners in each state.

“Then, all the money will go on overhead payment. Now, all our money will be used to settle political offices.

“These people created these states to further divide us. For instance, my own daughter is married to a Nupe man and they have three children. So, you can see that we are all one.”

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