Obasanjo Regrets Indigenisation Policy

Former President Olusegun Obasanjo, on Thursday regretted the failure of the indigenisation policy he pursued during his tenure as military head of state, adding that he thought then that that was the best way to run the Nigerian economy.
Obasanjo, during his regime from 1975 to 1979, had pursued the policy, which sought to transfer the running of some sectors of the economy to Nigeria.

However, the former president, during a courtesy visit to Edo State Governor, Comrade Adams Oshiomhole, in Benin City, said the policy did not achieve its main objectives.
He was in the state to deliver a lecture in honour of the late Independent National Electoral Commission (INEC) Chairman, Dr. Abel Guobadia.

At the lecture, the former president called on government at all levels to redress the marginalisation of women so they could play more active role in the socio-economic development of Nigeria.



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