Kalu who spoke at an annual lecture organised by the Department of Economics, University of Nigeria, Nsukka on Tuesday, said “Obasanjo is the worst President Nigeria has ever produced since our independence. Instead of generating employment opportunities, he was busy closing down peoples businesses.

“He closed down Hallmark Bank and Slok Air that would have provided so many employment opportunities for our youth.”

The former Abia State governor said the closure of Hallmark Bank where he (Kalu) had significant stake and Slok Air, were efforts deployed by Obasanjo to deal with him.

He said that the former President’s action on Hallmark Bank and Slok Air slowed down the employment opportunities he (Kalu) would have created for Nigerians.

Kalu, however, enjoined the federal and state governments to initiate entrepreneurship programmes that would help achieve economic development.

The former governor said that to achieve meaningful development, governments at all levels must empower the youths.

He observed that economic development was a major criterion for national development, adding that “If there is no economic stability in the world, there will be no political stability,” Kalu said.

The Vice Chancellor of the university, Prof. Barth Okolo, said that the inaugural lecture was for soul-searching, as its theme touched on the well-being of every one present at the occasion.

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Also, the university’s chapter of the Academic Staff Union of Universities, ASUU declared that the suspect was never an active member of the union.

ASUU Chairman in the university, Dr. Sylvester Ukwuteno said contrary to report from the other suspects that Dr Yusuf was a strong member of the organization, the suspect has never been an active member of ASUU.

According to him, “the only link between him (Dr. Nazeef Yusuf) and the association was because ASUU’s due is deducted at source from lecturers’ salaries. And he, like everyone else has his dues deducted to make him an automatic member.

“But he’s not a strong member as it has been widely claimed. I cannot remember the last time he attended any of our meetings,” Dr. Ukwuteno said.

In a statement signed by the Vice Chancellor of the University, Prof. Hassan Isah, the school admitted that though the suspect, Dr. Mohammed Nazeef Yusuf is a lecturer in the institution, the governing council and the management of the school do not know anything about him beyond his duty as a lecturer

“The Governing council and the management therefore condemned and dissociated themselves from all criminality and terrorism in whatever shape or form, where ever and whenever it exist.”

The VC noted that it became imperative to respond to the situation as the alleged involvement of the lecturer has elicited a lot of enquiries from friends, well- wishers, students, stakeholders and sister institutions.

“In view of the negative interpretation and implication for our hard-earned reputation, and the damaging impression on unsuspected members of the public, the institution dissociates itself from all criminal and criminal activities including those of the dreaded Boko Haram sect.”

He assured that security has been beefed up in the school with enough surveillance to curtail any attack from gunmen.

“In the meantime, the governing council and management of the institution have strengthened security and increase surveillance on campus with the view to stamp out all criminals and criminalities, including Boko Haram activities.

“We wish to assure the general public, particularly all our students, their parents and guardians, that the campus is safe and there is no threat whatsoever to human lives and property.

“Members of the university community are advised to go about their normal life as the university has adequate security measures to deal with all criminals and criminal activities on campus whenever and where ever they are detected”, he said.

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