• Empty treasury: I almost absconded – Buhari

    Empty treasury: I almost absconded – Buhari

    President Muhammadu Buhari on Thursday disclosed that he almost absconded the office of the President of the Federal Republic of Nigeria when he met almost an empty treasure on resumption.

    He made the remark when NIPSS submitted a report to him at the Presidential Villa, Abuja.

    Noting that daily oil production of 2.1 million barrels was recorded between 1999 and 2015, he said that there was virtually no savings on ground despite the huge income during the period.

    Infrastructures, he said, were also […]

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

    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 […]

  • Empty Treasury: Buhari Administration Lied – Goodluck

    Empty Treasury: Buhari Administration Lied – Goodluck

    According to former President Goodluck Jonathan, the Buhari administration did not tell the nation the truth by claiming that the latter inherited an empty treasury when it assumed office in May last year.

    He said, “That is not true, there is no way he would have inherited an empty treasury and at the same time, gave a bailout to the states. Nigeria has a fairly robust economy but sometimes, we over-politicise certain issues and make things look so bad, but it […]

  • I did not leave empty treasury – Goodluck Jonathan

    I did not leave empty treasury – Goodluck Jonathan

    Former President Goodluck Jonathan Monday said he did not leave an empty treasury for President Muhammadu Buhari who took the reins of government from him on 29 May last year.

    “It is not true; there is no way that he (President Buhari) would have inherited an empty treasury and at the same time give bailout to the states. It’s not possible,” he told Bloomberg TV.

    The former president, who also said he was under investigation apparently by the federal government, pointedly refuted […]