An economic expert, Dr Tunji Ogunyemi has revealed that Nigeria,a west African country’s economy is currently under the siege of Kidnappers.
Ogunyemi said the numerous economic problems Nigerians are facing are caused by the elites entrusted with political powers.
Ogunyemi, while featuring on Frank Talk of Rave FM, Osogbo ,on Friday, said the elites captured the country’s economy by making life unbearable for the citizens.
Speaking on the planned removal of subsidy by the federal government, Ogunyemi said the Nigeria Custom Service was also not doing well in preventing oil theft to neighboring countries.
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According to Ogunyemi, “Most of the petro stations in the northern part particularly in Kastina State, they are set up very close to the border, is like petrol station in Badary close to Benin Republic.
“Have we not know that many of them engage in smuggling across through Badagry.”
Ogunyemi who frowned to the Nigeria Custom Service inability to stop elites smuggling oil to other countries said they only go after people seizing rice,beans in Mile 12 market.
He, however, revealed that most of the heads of Nigeria Custom Service are the country’s political elites.