Nigerians’ extravagant lifestyle responsible for recession – Minister
The Minister of State for Education and erstwhile Vice-Chancellor of Imo State University Owerri, Prof. Anthony Anwukah, has blamed Nigerians for their “inability to swiftly adjust to the present economic recession” in the country due to their “over-bloated lifestyle.”
He expressed regrets that most of the products that are consumed in the country are imported.
Anwukah, who spoke during the Special Senate Session organised by IMSU in honour of four senators of the university was, however, optimistic that the nation would come out of the economic hardship stronger.
He noted that the lifestyle and inability of Nigerians to readjust to the present economic situation is responsible for why the recession is severely felt.
He said, “Though there is hunger, starvation, penury and pain in the land following the economic crash, I know that after this timeout, it will be better for all Nigerians”.
Earlier in her remarks, the IMSU Acting Vice Chancellor, Prof. Adaobi Obasi, said the essence of the grand reception was to honour the alumni of the university who have been elevated and given higher and sensitive portfolios.
Obasi said, “We appreciate you to have come from IMSU. You are really good ambassadors of the university.
Honoured were: Anwukah, who was appointed by President Muhammadu Buhari as the Education Minister for State; Prof. Chinedu Nwajuba, the Vice Chancellor Federal University, Ebonyi State; Prof. Chima Iwuchukwu, the Vice Chancellor, Tansian University, Umunya, Anambra State; and Prof. Charles Okoroafor, the Vice Chancellor, Gregory University Uturu, Abia State.