Sunday, 16 October 2016

Buhari Didn't Meet an Empty Treasury, He Inherited $30 billion From Jonathan - Obasanjo


Former President Olusegun Obasanjo has disclosed how much President Muhammadu Buhari inherited from the Goodluck Jonathan administration after much silence.

In an Interview with Frisky Larr, Obasanjo said, “When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing.

“I know the price is down now and with time, it will jump up again. What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again,” he maintained.

Several media reports had previously quoted President Buhari saying he inherited an empty treasury.

No comments:

Two Men Sentenced To Life Imprisonment For Raping 14-year-old Girl In Ekiti

  An Ekiti State High Court sitting in Ado Ekiti Division,  has sentenced two men to life imprisonment for raping a 14-year-old girl.