Obasanjo: Nigeria takes economic instructions from experts...
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Daily Trust
Reported by Peter Moses
Fri, 30 Oct 2026, 20:04
Photo courtesy of Daily Trust · Verified via News Stand NG
Source Attribution: Daily Trust
News Stand NG operates under ethical news aggregation guidelines. Source: Daily Trust. To read the unabridged investigative reporting and full gallery, visit the original publication.
Obasanjo spoke in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum themed: “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” The former President expressed worry that Nigeria relies on young and unmarried boys and girls who have never managed a household for an economic advice. He recalled how Nigeria was discouraged from subsidising agriculture despite what he described as the agricultural support available to farmers in developed countries.
Context & Background
✦He further criticised Nigeria’s dependence on foreign institutions, particularly the World Bank and International Monetary Fund (IMF), arguing that their policies were not necessarily designed to address the country’s peculiar circumstances.
Key Figures & Named Entities
Friday:Former President Olusegun Obasanjo on Friday warned against what he called blind adoption of economic instructions from foreign-trained experts without considering Nigeria’s realities.2023:He called for a guarded embrace of AI, urging Nigeria to move beyond the Nigeria Data Protection Act 2023 to true data sovereignty, build local computing infrastructure, own African datasets, direct AI to grassroots governance, and work through the African Union’s Data Policy Framework to ensure Africa becomes an owner, not just a quarry, in the intelligence age.₦2.5 million:UPDATE NEWS: Nigerians can now invest ₦2.5 million on premium domains and profit about ₦17-₦25 million.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦Obasanjo spoke in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum themed: “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” The former President expressed worry that Nigeria relies on young and unmarried boys and girls who have never managed a household for an economic advice.
✦He recalled how Nigeria was discouraged from subsidising agriculture despite what he described as the agricultural support available to farmers in developed countries.
✦He further criticised Nigeria’s dependence on foreign institutions, particularly the World Bank and International Monetary Fund (IMF), arguing that their policies were not necessarily designed to address the country’s peculiar circumstances.
Key Facts:Friday: Former President Olusegun Obasanjo on Friday warned against what he called blind adoption of economic instructions from foreign-trained experts without considering Nigeria’s realities.2023: He called for a guarded embrace of AI, urging Nigeria to move beyond the Nigeria Data Protection Act 2023 to true data sovereignty, build local computing infrastructure, own African datasets, direct AI to grassroots governance, and work through the African Union’s Data Policy Framework to ensure Africa becomes an owner, not just a quarry, in the intelligence age.₦2.5 million: UPDATE NEWS: Nigerians can now invest ₦2.5 million on premium domains and profit about ₦17-₦25 million.Dollars.: All earnings paid in US Dollars.
Editorial Excerpt
Former President Olusegun Obasanjo on Friday warned against what he called blind adoption of economic instructions from foreign-trained experts without...
Frequently Asked Questions About This Story
What is the latest development regarding Abeokuta?
Obasanjo spoke in Abeokuta, Ogun State, at the Ajibosin Platform, a public forum themed: “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.” The former President expressed worry that Nigeria relies on young and unmarried boys and girls who have never managed a household for an economic advice.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Abeokuta, Ogun State.
What timeline or key figures were confirmed?
Former President Olusegun Obasanjo on Friday warned against what he called blind adoption of economic instructions from foreign-trained experts without considering Nigeria’s realities.