Showing posts with label Dr. Cecilia Ibru. Show all posts
Showing posts with label Dr. Cecilia Ibru. Show all posts

Wednesday, May 24, 2023

Buhari’s Huge Parting Debt Profile

 By Eric Teniola

The outgoing President Muhammadu Buhari, GCFR, has made sure he is leaving a huge debt profile of N80 trillion when he leaves the villa on Monday, May 29. Well, well, well. While he will be celebrating in Daura or in Niger Republic, we shall be sorting out the mess he has created for us in last eight years. No problem. By popular demand, I want to republish an article I wrote that was published on 21 January 2021.

*Buhari 

“In June 2005, we were so ecstatic in celebrating the debt relief offered us, a relief of over $20 billion, which was beyond the total revenue of Nigeria for one year. So happy were we that President Olusegun Obasanjo, GCFR, had to make a broadcast to the nation on June 30, 2005. He followed the broadcast by appearing before the joint sitting of the National Assembly on July 26, 2005 to speak on the issue.