Nigeria Is Owned By Less Than 60 People — Pat Utomi

Renowned professor of Economics, Pat Utomi [above] has taken a swipe at Nigeria’s politicians, saying that a mere less than 60 people have been steering the country’s fortune since independence.

Utomi made the claim at a public lecture organised by the Evangelical Christian Union Alumni Fellowship.

He further stated that “there has never really been an election in Nigeria”, saying that a few people hold the aces to power in the country.

 He also lamented the dearth of vision among Nigeria’s politicians, stressing that while past leaders surrounded themselves with intellectuals, their present counterparts are “accompanied by pimps”.

“This ‘class of capture’ has inflicted an anti-intellectual culture on the country,” he noted, adding:

“The club of capture can be grouped into three categories. The first is the moderniser wannabes. 

“The value system of this category sabotaged their desire. 

“The second are the narcissistic influencers, who are so consumed by their self-love,” he said.

“These people are contented with whoever is in power so far they can appoint the oil minister and others. 

“The last are the entitlement-minded ones. Nigeria has become the entitlement of the last category.

“When those in the club of capture lose legitimacy, they look for ways to circumnavigate. 

“They look for weak persons to push into positions of authorities so they don’t lose their grip on power. 

“Nigeria has suffered from power capture for 51 years. Less than 60 persons have been deciding our fortunes for the past 51 years,” he asserted.

Recently, a Biafran separatist group, Biafran Zionist Federation [BZF] had declared secession, and announces Pat Utomi, Chukwuma Soludo, and selected others As top government officials.