4.3 C
New York
Saturday, May 4, 2024
HomeNewsEconomyBuhari didn't meet an empty treasury, he inherited $30 billion from Jonathan...

Buhari didn’t meet an empty treasury, he inherited $30 billion from Jonathan – Obasanjo

Former president of Nigeria, Chief Olusegun Obasanjo has faulted incumbent President Buhari for claiming he received nothing from the previous administrations.

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.

Advertisements

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

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari