By Daniel Idonor
ABUJA – FORMER Nigeriaâ€™s Head of Interim Government, Chief Earnest Shonekan, Monday lamented that due toÂ lack of consistency and proper planning by successive governments in Nigeria in the past, the country has lost its productive capacity and its competitiveness.
Speaking in his capacity as the Chairman of the occasion at a Presidential Retreat on the 1st Implementation Plan for Nigeriaâ€™s Vision 20:2020,the former Nigeria leader stated the resultant effect of the maladministration in the past has been significant decline in the living standard of the citizenry.
According to him, â€œthere is clear evidence that two related factors have contributed significantly to this unhappy situation. One is the almost total abandonment of systematic and consistent planning in the management of our economyâ€.
As a result of this, Chief Shonekan disclosed that â€œit is therefore not surprising that over the past 30years our economy has continuously lost its productive capacity and its competitiveness and the living standard of our citizens has declinedâ€.
â€œOne of the paradoxes in our countryâ€™s development history, Mr. President is that despite the indisputable and widely acknowledged potential for strong and sustained growth capacity of our economy and the incontestable resourcefulness of our people, the vast majority of our citizens have continued to remain in abject and unacceptable povertyâ€.