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Abacha, a better economist than Obasanjo, says Asiodu

By Bamidele Osha

Reporter, Lagos

 

�Even Sani Abacha ran a better economy�. That isthe simple, yet professional � and hopefully unbiased � verdict ofan economist who is also a seasoned technocratic whose experience spans fromthe regime of Yakubu Gowon  in the1970�s to the present administration.

The over three decades Phillip Asiodu spent in the corridorsof power formulating and implementing economic policies perhaps places him in avantage position to criticise President Olusegun Obasanjo. Perhaps not.  But he is clear in his argument.

Despite Abacha�s brazen kleptomania unprecedented inthe country�s history, Asiodu has credited with having initiated a bettereconomic policy than the present occupier of Aso Rock.

Asiodu was until 2001 Presidential Economic Adviser.  Way back before then, he had served asa �super� Permanent Secretary in the Ministry of Mines and Powerduring the Gowon era. And his expertise has been called upon, one way oranother, by virtually all the administrations since then, military or civilian.

He carpeted his old boss in an interview in Lagos forimplementing �deficient� and �unworkable� economicpolicies, saying even Abacha ran a better economy.

Asiodu wondered why the laudable objectives ofAbacha�s Vision 2010 was discarded and questioned the efficacy ofObasanjo�s National Economic Empowerment and Development Strategy(NEEDS).

Said he: �Why did Obasanjo throw away Abacha�sVision 2010 document? It contains the necessary ingredients for growth anddevelopment. But, instead, we supplanted it with NEEDS, which at best is grandtheorising and is unworkable�.

To him, the economy is plagued by lack of policy continuityand relationship.

�How does NEEDS compare with the things in the Vision2010 document? How does it compare with volumes one and two of the 1975-1980Economic Development Plan? It does not even mark out the specifications for growthand targets.

�If we insist on digging new foundations every threeor four years, instead of building on existing structure, we will never reachthe roof. And this has been the problem with Nigeria�.

Obasanjo fired Asiodu in 2001.  So, is the man knocking his former boss to get even? No, heinsists.

His own explanation for leaving the government seems farfrom that sort of insinuation: �You give an advice and turn away. Butsome fellow who does not know anything about service, but is good at obsequiousdeference to leadership, comes and tells a story and assigns a motif that doesnot exist. In this manner, I have seen many good programmes killed.

�I found myself not achieving what was achievable. AndI do not believe in pretending to influence what I do notinfluence�.   

 

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