Nigeria’s renowned economist and financial expert, Professor Pat Utomi, has attributed the present economic recession to the “bad behaviour” of previous governments, Daily Post reports.
The renowned political economist noted that Nigerian leaders are lazy and many are in the position of authority but are not leaders.

He stated that every government appears to be worse than the one before it and that there is the dearth of leadership values among political elites.Utomi said: “Nigeria inflicted recession on itself through the bad behaviour of previous governments. It was the result of an elite that is too lazy to restructure the economy. Our leaders are lazy and they always want the oil price to rise.”

He challenged the youth not to emulate the present crop of “mentally lazy elite that are not ready to build their country.”

“We are in dire need of leaders with a sense of service towards others and contribution to the Society. Nigeria is a paradox of progressive degeneration. Every government is worse that the one before it because we have not refused to learn,” he said.
Utomi, had earlier said that Lagos state is a crucial catalyst if Nigeria’s economy is to witness a turn around for the better.

The former presidential candidate said there were a lot of lessons to be learnt from the Lagos economy, which according to him, is largely driven by it’s huge investment in infrastructure, vibrant tax collection strategy and an enabling environment for businesses to thrive with less dependence on oil revenue.

Source: http://nigerianewsnow.com.ng/2016/10/22/recession-is-a-result-of-nigerias-bad-leaders-pat-utomi/

Ok

Utomi is also one of the bad leaders

And so what has the recent govt don about it...

its apparent the corruption and massive looting of funds orchestrated by pdp for the past 16yrs is what led us to this economic leaching ...alas,Nigerians hate being told the truth

unfortunately some prejudicative wailer will call pat utomi a zombie

From Obasanjo downward,yes!

Kingsley10000:
its apparent the corruption and massive looting of funds orchestrated by pdp for the past 16yrs is what led us to this economic leaching ...alas,Nigerians hate being told the truth

Your truth is not my truth,
I hate being told your truth, but I love being told my truth,
And here is my truth,
The Dullard grandpa is a confused mammal who is responsible for what we are going through
Even his wife will agree with my truth

Omoakinsuyi:
Utomi is also one of the bad leaders

the way people reason with their nose baffles me.

the man said what he feels is right

we know he is one of the past leaders and you now labelled him Bad Leader.

just get the message and move on instead of attacking the messenger.

Are you a Saint?.

Baawaa:
From Obasanjo downward,yes!

nigeria never had a good leader.

how I wish we can implement capital punishment for our office holders.....ghana once did it,now most asian super nations are doing it now

This stupid pat should park one side, he is not bright enough to work in this govt, he is not consistent in economics policies, [color=#990000][/color]

hungryboy:

Your truth is not my truth,
I hate being told your truth, but I love being told my truth,
And here is my truth,
The Dullard grandpa is a confused mammal who is responsible for what we are going through
Even his wife will agree with my truth

because the dullardiho is not stealing money, that's why we are in recession

wailers where thou are lol

you make sense. . .
we thought you would be one of the ministers to be appointed by president President Buhari!!

Donshegxy10:
you make sense. . .
we thought you would be one of the ministers to be appointed by president President Buhari!!

he is more competent than our finance minister

The greatest mistake of this government is that Pat Utomi is not appointed as the Minister of Finance.
Though I love Buhari and Kemi Adeosun because of their sincerity
but both do not have required experience to manage the economy of this country.
The economy is too big for kemi Adeosun experience.
GMB please it is not too late, Move Kemi Adeosun to another ministry
and appoint Prof Pat Utomi as the Minister of Finance if truly you love Nigeria.
The suffering is too much please and please
We are happy about your anti corruption and war against terrorists but you need Pat Utomi now.
God bless Nigeria