Obasanjo said Nigeria will make a headway when such a person assumes power.
He said this while speaking at this year’s edition of Foursquare Gospel Church annual public lecture at the church’s national headquarters in Yaba, Lagos on Tuesday.
The former President stated that this was what a former German Chancellor, the late Helmut Schmidt, who was one of his international friends, told him during a discussion about African countries.
Obasanjo said there was no way that a President with a poor knowledge of the economy could meet the needs of the citizens.
He insisted that for Nigeria to get it right, the country must strike a balance among economy, faith and politics.
Obasanjo said, “There is no doubt at all that if we have to get it right the three (economy, faith and politics) must go together.
“One of my international friends, the late Helmut Schmidt,who was a former Chancellor of Germany – he died at the age of 96 about three years ago, I was at the burial – and he said if we in Africa have to make it, all our political leaders must have good grounding in economy.”