Falae describes Nigeria as world’s corruption, unemployment capital

A former Secretary to the Government of the Federation, Chief Olu Falae has described Nigeria as the corruption and economic capital of the world.

This came as he bemoaned the worsening insecurity and poor state of the nation’s economy when he spoke to newsmen in Akure, Ondo State capital on Sunday.

According to the former presidential candidate, except the activities of bandits who were already shooting down military jets are checked on time, the criminals would sooner than later develop the boldness to negotiate for control of territories in the country.

Noting that the country currently is at the edge of the cliff, Falae added, “We are already at the edge of the cliff. The question is, are they going to topple into the abyss below? Or are we going to find a way of pulling back from the precipice? That is the question.

“For us to pull back, there must be a political initiative that will signal that tomorrow will be better than today. If there is no such signal, I don’t know what is going to happen tomorrow, I don’t know.”