- Pat Utomi stated that the power brokers who he referred to as the ‘class of capture’, have inflicted an anti-intellectual culture on Nigeria
- He grouped these individuals into three distinct categories, explaining how each group operates and holds the country back
- Utomi bashed the National Assembly as being one of the nation’s greatest problems as he called on Nigeria to emulate Singapore, which is led by the brightest minds
Professor Pat Utomi, a prominent political economist, has stated that for the past 51 years, Nigeria’s fortunes have been determined by less than 60 people, Punch reports.
NAIJ.com gathers that Utomi made his comments while speaking at a public lecture organised by the Evangelical Christian Union Alumni Fellowship in Lagos, on Thursday, August 10.
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According to Utomi, elections in Nigeria are just for ceremonial purposes, as the country is actually controlled by a few power brokers whom he referred to as the “club of capture”.
In his speech titled ‘Healing a bleeding nation,’ the economist attributed the nation’s problems to these individuals, as he addressed the causes of the nation’s lack of development and institutional failures.
He stated: “Today’s politicians are mentally ill-equipped. The late Chief Obafemi Awolowo was surrounded by intellectuals and professors. These days, the opposite is the case. Pimps accompany our politicians.
"This ‘class of capture’ has inflicted an anti-intellectual culture on the country.”
Utomi warned the nation’s leaders that if they do not diversify, the country would soon run aground, as oil would soon become obsolete.
He stated further: “The club of capture can be grouped into three categories.
“The first is the moderniser wannabes. The value system of this category sabotaged their desire.
“The second are the narcissistic influencers, who are so consumed by their self-love. These people are contented with whoever is in power so far they can appoint the oil minister and others.
“The last are the entitlement-minded ones. Nigeria has become the entitlement of the last category.
“When those in the club of capture lose legitimacy, they look for ways to circumnavigate.
“They look for weak persons to push into positions of authorities so they don’t lose their grip on power.
“Nigeria has suffered from power capture for 51 years. Less than 60 persons have been deciding our fortunes for the past 51 years.
“When President Muhammadu Buhari travelled abroad for medical vacation, they (club of capture) gathered people together to decide who would be president and vice-president.
“There has never really been an election in Nigeria. But there is hope for Nigeria.”
Utomi called for the nation to imitate Singapore which is led by only the brightest minds, and also stated that Nigeria’s National Assembly is one of the biggest problems for the nation’s democracy.
NAIJ.com previously reported that Professor Pat Utomi stated that the 'class of 1966 and their cronies' are in charge and running Nigeria with its president, Muhammadu Buhari.
Utomi, a founding member of the ruling All Progressives Congress (APC) and director of the Lagos Business School, reportedly said this in his reaction to the state of the Nigerian economy.
Watch this NAIJ.com TV video of various Nigerians lamenting over the state of the nation: