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Obaseki: Nigeria is Technically Bankrupt, Urges Urgent Restructuring
Governor Godwin Obaseki of Edo State has raised serious concerns about Nigeria’s economic condition, stating that the country is technically bankrupt.
He pointed out that the Federal Government is clinging to outdated systems and approaches, which he believes are slowing down progress.
Obaseki emphasized the urgent need for restructuring to enable Nigeria to move forward and tackle its growing challenges effectively.
He shared these views during an exclusive interview on Channels Television’s Politics Today, aired on Thursday evening.
During the interview, he called for modern reforms that can address the economic realities the country faces, stressing that staying stuck in the past will only deepen the nation’s financial woes.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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