A member of the House of Representatives, Sadiq Ibrahim has said that Nigeria is in a recession because it is fantastically corrupt.
Ibrahim, who represents the Furore/Song Federal Constituency of Adamawa State, also blamed the recession on the insecurity in the country.
“If a country is bedeviled by insecurity – Boko Haram in the North East; militants in the South South; kidnapping in other parts of the country; definitely it will experience economic recession,” he said on the floor of the House on Thursday, September 22.
“If a country is fantastically corrupt, why will it not fall into recession? We need to know what caused the recession so that we don’t give it a wrong diagnosis,” he added.
The term “fantastically corrupt” was coined by former British Prime Minister, David Cameron while speaking to Queen Elizabeth about Nigeria.
“We had a very successful cabinet meeting this morning. We talked about our anti-corruption summit. We’ve got…leaders of some fantastically corrupt countries coming to Britain,” Cameron said in May at an event held in Buckingham Palace to mark the queen’s 90th birthday.
“Nigeria and Afghanistan are possibly two of the most corrupt countries in the world,” he added.
However, President Muhammadu Buhari refused to demand an apology for the comment but instead asked Cameron and other world leaders to return Nigeria’s looted funds which had been stashed in their country.