Skip to content
Saturday 22 August 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
News
News

Why it’ll be almost impossible for Nigeria to secure another debt relief –Obasanjo

The FrontierThe FrontierJanuary 4, 2024 5102 Minutes read0

•Olusegun Obasanjo

Former President Olusegun Obasanjo has said financial impropriety by the previous governments had forced Nigeria into a debt burden the coming generations would have no option but to pay.

According to a statement by his Media Aide, Kehinde Akinyemi, the former president made the observation during a meeting with 2023 awardees of the Future Africa Leaders Foundation, an initiative of Pastor Chris Oyakhilome, reports Daily Sun.

In 2003, as president, Obasanjo secured a debt relief for Nigeria. He said with the level of mismanagement of the previous debts written off for the country, it would be almost impossible for any administration to get similar gesture in the continent.

Obasanjo declared that the debts were a trap that no individual or nation should fall into, as it constitutes an albatross on any economy.

He said leadership was the number one problem facing Africa and “the coming generations will have no choice but pay the current debt being incurred by different countries in the continent.”

He commended Pastor Oyakhilome for the efforts being put into building leaders, adding that the nation needed more people like him to address the leadership crisis facing the continent.

Highlighting the qualities of a leader during the questions and answers session, Obasanjo said: “A leader should be able to set good examples, being bold and courageous when making decisions, accepting mistakes and learning from them as well as having a realistic dream.”

Meanwhile, the former president has assured that the country’s socio-economic situation could be better in another four years or thereabout with prayers and thanksgiving.

He spoke at the Christian Association of Nigeria (CAN) Ogun State 5th thanksgiving service of his conferment as the Asiwaju Onigbagbo, Ogun State, held at the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta on Tuesday.

Obasanjo said that it was a clear indication that the socio-economic situations of the country were not in good stead, “but, mercy has been with us and if that is so, why should we not thank God.”

“Think about it. If you have breathed the free air of God, you should have cause to thank God. So, things are bad, they may be good in a space of what…four years? And who knows for Nigeria, things that are bad today, may be good tomorrow.

“That is our prayer and that is why we must never stop thanking God. In all situations, give thanks to God”, Obasanjo told the congregation. He thanked brothers and sisters in the vineyard of God for their continuous and persistent prayers for the country.

“It is such a difficult time. And when they are talking of being in fellow of mercy, mine is more than a Fellow of Mercy, mine is Fellow of Grace and Mercy of God, any one that is not enjoying this should put up his hand. If that is so, why should we not thank God?”

Tags
almostdebtimpossibleNigeriaObasanjoreliefsecure
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Atiku to take seventh shot at presidency in 2027 – Bwala
next post You’ve not met expectations – TUC tells Tinubu, lists demands
Related posts
  • Related posts
  • More from author
News

Traffic jam: Nigeria’s economy suffers as hundreds of loaded trailers stranded in Ekiti

August 22, 20260
News

IPOB condemns Britain’s ‘selective outrage’ over Israel, Nnamdi Kanu

August 22, 20260
News

REVEALED: Enugu Air runway incident linked to auto brake failure — Investigation Bureau

August 22, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Sports

EPL: Semi Ajayi scores as Hull City beats Manchester United

August 22, 20260
Environment

Ogoni youths demand 500 NNPC jobs as oil exploration resumption sparks divisions

August 22, 20260
Headlines

Meet head of Nigeria’s latest ‘fake’ govt agency, 20 state coordinators, diaspora reps •PHOTOS

August 22, 20260
Crime

Kidnapped Borno schoolchildren: Families cry out to Tinubu after 100 days in captivity

August 22, 20260
Politics

Peter Obi draws 2027 battleline, says Nigeria must work

August 22, 20260
Politics

Tinubu’s Campaign Council for 2027 elections •FULL LIST

August 22, 20260
Load more

inside the Hill top newspaper

February 9, 2025

EPL: Semi Ajayi scores as Hull City beats Manchester United

August 22, 2026

Ogoni youths demand 500 NNPC jobs as oil exploration resumption sparks divisions

August 22, 2026

Meet head of Nigeria’s latest ‘fake’ govt agency, 20 state coordinators, diaspora reps •PHOTOS

August 22, 2026

Kidnapped Borno schoolchildren: Families cry out to Tinubu after 100 days in captivity

August 22, 2026

Peter Obi draws 2027 battleline, says Nigeria must work

August 22, 2026

inside the Hill top newspaper

0 Comments

EPL: Semi Ajayi scores as Hull City beats Manchester United

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Ogun kingmakers invited for Police interrogation over bribery allegations in Awujale selection process

February 4, 2026
3

Nigeria Customs rescue baby gorilla, arrest suspected wildlife trafficker •PHOTOS

July 9, 2026
4

Tinubu receives Sierra Leone’s President Bio

November 8, 2025
5

Rivers political crisis embarrassing – Federal lawmaker

December 15, 2023
6

Trump heads to Pope’s funeral in first foreign trip of new term

April 25, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Middle Belt APC members shutdown national secretariat over chairman Ganduje

February 14, 2024
3

South East Council Of Traditional Rulers bans use of ‘Eze Ndigbo’ outside Igboland

February 4, 2025
4

Wike, Alake, Edun, Keyamo retain positions as Tinubu rejigs cabinet

October 23, 2024
5

BREAKING: Blackout as national grid collapses again, 9th time in 2024

November 5, 2024
6

Mental health patient, 40, commits suicide

September 20, 2024

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Tinubu arrives Lagos for Christmas

December 21, 2023

Brazil ex-President Bolsonaro denied passport for Trump’s inauguration

January 17, 2025

PDP kicks as Wike revokes Wadata Plaza, new secretariat plots

March 19, 2025

Terrorists chop off fishermen’s hands over cartons of fish

January 11, 2024
Top posts

Categories

  • News4928
  • Politics4592
  • Crime4411
  • International3043
  • Sports2460
  • Business & Economy2273
  • Headlines2223
  • Education1369
  • Matilda Showbiz983
  • Health878
  • Entertainment812
  • Africa578
  • Religion483
  • Environment365
  • Special277
  • Info Tech245
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today204
  • Interview186
  • Opinion153
  • EyeCare with Dr Priscilia Imade130
  • World Cup 202695
  • Advert34
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact