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Don asks FG to tap other sousrces of revenue

By Sam Eyoboka
THE Head of Department of Industrial Relations and Personnel Management at the University of Lagos, Prof. Sola Fajana, yesterday, enjoined the Federal Government to evolve other sources of economy because any nation that is dependent on inheritance can be described as wealthy nation.

Delivering a lecture at the 10th Samuel Odunaike Memorial Lecture at the Sheraton Hotel, Lagos, Prof. Fajana who stood in for embattled former CEO of Intercontinental Bank Plc, Dr. Erastus Akingbola also averred that the nation was due for a revolution unless the Church made haste to rescue it.

Speaking on topic entitled: Today’s wealth, a solution to tomorrow’s poverty, the lecturer and public commentator said even the American Secretary of State, Mrs. Hillary Clinton, had publicly acknowledged that the American economy is driven by the expertise of very intelligent Nigerians residing in that country.

He, therefore, contended that the nation’s problem was not the lack of brilliant ideas but an inept leadership that has failed to galvanise all the brilliant ideas of the founding fathers of the nation and the intelligence of its eggheads in the country to create wealth.

According to him, “wealth is created and not exploited,” stressing that the nation’s leaders have, since independence, concentrated on squandering the nation’s inherited resources from crude oil instead of striving to use the inheritance to create more wealth and ensure a secured future for tomorrow’s generation.”

Earlier in his welcome address, the convener of the lecture and General Overseer of Foursquare Gospel Church, Rev. Wilson Badejo, said the memorial lecture underlies the church’s commitment to promote excellence and help governments at various levels achieve their full potential, but also to continually invest in the future of the country.

Similarly, the chairman of the occasion, Most Rev. Joseph Ajayi, Methodist Archbishop of Lagos, took a cursory look at the nation’s socio-political spectrum said the topic was very timely and urged Nigerians to pray to avert to perennial darkness in the country.

He commended the organisers of the programme for their commitment to addressing socio-political issues in the nation.


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