Former Group Managing Director of New Nigeria Development Corporation [NNDC] Alhaji Mohammed Hayatudeen decided to re-register his membership of PDP because it has a national outlook, has accumulated substantial governance experience during its 16 years in power and it has had time to reflect on its achievements and failures in its 6 years in opposition.
According to a statement signed by his Media Consultant Usman Abubakar, Hayatudeen said PDP has pulled its act together based on the disciplined and seamless manner it conducted elections for various party offices and organs. He also cited the heavy emphasis it placed on merit and the manner in which it has conducted its affairs since Dr Iorchia Ayu became its National Chairman.
Hayatudeen, who is also a former Chief Executive Officer of FSB bank, re-registered as a member of PDP’s Borno State chapter at an elaborate ceremony in Maiduguri last Sunday, January 23. He said at the occasion that Nigeria is headed in the wrong direction and that “signs of decay have been looming on the horizon for quite some time. Over the last 13 years, the economy and our society have been in free fall.”
He also said, “Not by the wildest stretch of the imagination did I ever conceive of the nation being bathed by such vast oceans of blood of innocent men, women and children,” and he called for a speedy return of IDPs to their ancestral homes in order to rebuild their shattered lives.
The renowned economist and life-long banker said Nigeria’s socio-economy “has been eviscerated by chronically inefficient allocation of resources and mismanagement…The government (which should be small and an enabler of business) is ballooning while businesses (large, medium and small) are shrinking. No wonder that vast sections of this country have been torched up by bandits and terrorists.”
In addition to once heading NNDC and FSB, Hayatudeen was founding member and one-tine Chairman of Nigeria Economic Summit Group [NESG]. He was a member of Vision 2020, of President Jonathan’s Presidential Advisory Committee as well as of President-elect Buhari’s Presidential Transition Committee.
He was the founder and chairman of Renaissance Development Forum [RDF] and of Borno Development Foundation [BDF]. While RDF devoted considerable resources towards taking 14 million out-of-school “Almajiri” children off the streets, BDF has arranged quick delivery of palliatives to IDPs. Its long-term objective is sustainable development in Borno State by fast tracking the state’s reconstruction, rehabilitation and transformation in the post insurgency phase.
