Arise Television anchor, Rufai Oseni, broke down in tears on Friday while speaking on the state of Nigeria’s economy during the station’s Morning Show.
Oseni recalled a time when Nigeria was financially buoyant enough to lend money to the World Bank and the International Monetary Fund (IMF), a sharp contrast to the country’s current economic struggles.
He questioned how Nigeria’s debt profile has continued to soar despite once being a creditor nation.
According to him, “I cried for Nigeria this morning. Let me read something to you and show why I sometimes raise my voice about this country.
“On December 24, 1974, Nigeria signed a long-term borrowing agreement with the World Bank. Under that agreement, Nigeria provided $240 million in net resources to the World Bank Reserve.
“We were lending money to the World Bank to support development in other countries. We also lent $120 million to the International Monetary Fund, IMF. What happened to this country?”
Meanwhile, Oseni has also criticised Oyo State Governor, Seyi Makinde, over his call for a United Nations investigation into the abduction of pupils and teachers in Orire Local Government Area of the state.
Makinde had made the call on Monday after receiving the rescued victims from the military, further suggesting that the abduction could be linked to his political ambition, noting that it occurred shortly after he declared interest in the 2027 presidential race.
The governor’s comments drew backlash from Federal Government officials and members of the ruling All Progressives Congress (APC), who insisted that Nigeria remains capable of handling its internal security matters without external intervention.
Speaking on the matter, Oseni described the back-and-forth between Makinde and the Federal Government as an unnecessary blame game, stressing that attention should now shift to finding lasting solutions rather than political point-scoring, especially since the victims have already returned home.
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