Jonathan Not Totally Responsible For Economic Crisis – Oba Of Lagos


The Oba of Lagos, Riliwanu Akiolu says Nigeria’s economic woes is not totally the fault of former president Goodluck Jonathan, as opined by many within and outside the shores of Nigeria.

The monarch disclosed this on Monday, August 15, during the unveiling of SunTrust Bank Limited, the first commercial bank to be licensed by the Central Bank of Nigeria in 15 years.

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Oba Rilwan Akiolu, also advised President Muhammadu Buhari against approaching governance as a military man.

His words:

“All of us just have to support the President and I advise him to know that he is no more a military man. I am not afraid to say that. The measures they are taking on the rot of the past, honestly whether they like it or not, it was not totally the fault of former President Goodluck Jonathan. I don’t hide the fact that he (Jonathan) is my personal friend.  All that happened was not totally his fault.”


Oba Riliwanu Akiolu also sought support for President Buhari, expressing confidence in the Federal Government’s Economic Management Team led by Vice-President Yemi Osinbajo to salvage the economy.

“But it is not too late to make amend. With Prof. Yemi Osinbajo as head of economic team, with people like Mrs. Nike Akande as the President of the Lagos Chamber of Commerce and Industry and others, they (the federal government) should listen to advice from people in commercial sector of the economy.”

Other dignitaries present at the unveiling of SunTrust Bank included the President, Dangote Group, Aliko Dangote; Chairman, Forte Oil, Femi Otedola; and Chairman, Senate Committee on Appropriation, Danjuma Goje.

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Dangote, who was a special guest of honour at the event, described the decision by the Board of Directors and management of SunTrust Bank to open a new bank at a time the global banking industry and major economies were facing serious challenges as a bold step.

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