Akiolu spoke at the public presentation of Battlelines: Adventures in Journalism and Politics, a book by a chieftain of the All Progressives Congress, Chief Olusegun Osoba.
Akiolu had referenced a section of the memoir where Osoba claimed that Obasanjo deceived the then governors of the Alliance for Democracy and Afenifere.
The traditional ruler said he had always believed that the former president was deceptive.
He added that the knowledge sustained ex-Lagos Governor, Bola Tinubu.
“The problem we are having in this country is this and I will continue to say it that the number one problem of Nigeria is Obasanjo,” he said.
Two months ago, Oba Akiolu of Lagos described Obasanjo as the most troublesome person in Nigeria who always arrogates power to himself.
The monarch, who was reflecting on the outcome of the 2019 general election, berated Obasanjo for fighting vehemently against the re-election of President Buhari whom he described as God’s choice for Nigeria.