The Dominican University, Ibadan yesterday held her annual lecture in commemoration of the celebration of St. Thomas Aquinas.

The annual St. Thomas Aquinas Lecture Series began at Marquette University in the spring of 1937. It has received international acceptance by scholars, universities and libraries.

The guest lecturer, Professor Emeritus of Economics, and Professional Economics Consultant, Professor Ibi Ajayi while delivering his lecture titled “Our Nation, Our Wealth, The Dreams, Misconception and The Reality" called on the Nigeria Government to cut down the cost of governance, improve on the level of current insecurity challenges, and fix a credible electoral system for Nigeria, so as to boost the nation';;;s economic growth.

Prof Ajayi stated that the poor growth of economics in Nigeria can be linked to high cost of governance, insecurity and poor electoral system.

Professor Ibi Ajayi

The Don, described those three key factors as worms that have eaten deep into Nigeria system and has resulted in bad governance and leadership thereby resulted in the increased of the poor masses in Nigeria. 

Prof. Ajayi said it';s so sad that these days we no longer have a credible leader that can give us some basic amenities that can easily enhance our growth and our economic development.

"Things have changed, this shows that things have really changed. And if our security apparatus are very functional and can guarantee a very functional security services for the citizenry, then investors will starts to come in and invest their will be jobs opportunities for our teaming youths.

Prof. Ajayi maintained that if there is no credible electoral system there might not likely to be a successful economic system.

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