Former President Olusegun Obasanjo says Nigeria is slowly becoming a failed state and a basket case that urgently needs to be pulled from the brink of collapse. He said this in Abuja on Thursday while delivering a speech titled, ‘Moving Nigeria Away from Tipping Over’ at a consultative dialogue attended by various socio-cultural groups including Afenifere, Middle Belt Forum, Northern Elders Forum, Ohanaeze Ndi Igbo and Pan Niger Delta Forum.

The former President said, “I do appreciate that you all feel sad and embarrassed as most of us feel as Nigerians with the situation we find ourselves in. Today, Nigeria is fast drifting to a failed and badly divided state; economically our country is becoming a basket case and poverty capital of the world, and socially, we are firming up as an unwholesome and insecure country.