Former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadaih Mailafia, has described Nigeria as a failing state already heading for the precipice if nothing urgent is done to rescue the ugly trend.
According to him, for a new Nigeria to emerge, the country must be anchored on social justice and fair representation for all nationalities within the federation.
The former CBN deputy governor, who spoke at the weekend in Akure, the Ondo State capital, during a symposium with the theme, “The Role of the Church in Nation-Building,” organised by Forum for Good Governance of the Towards Revival for All Nations (TRANS 21), said Nigeria could no longer be described as a nation due to the fact that concentration of power is not with the government alone but now also in the hands of some other power blocs.
“Nigeria has been designated as a failed state. We may not say it is a failed state but it is certainly exhibiting the features of a failing state in terms of the kind of violence we are seeing, wide-spread insecurity, terrorism, abuse of humanity, criminality, rape, killings, maiming and destruction.
Mailafia, who disclosed that there is an ongoing agenda of “Islamisation” and “Fulanisation” of the country, said that Boko Haram now controls over half of Niger State, adding that if they successfully take over Niger, Abuja would be a walkover.