This man will definitely bankrupt Nigeria. Lord have mercy. For 6 years oil sold at above $100 while the budget benchmark was always less than $80. What happened to the difference for a total of 6 years, and the $67 billion saved and handed over to this administration by Obasanjo? Even this year an administration lacking foresight budgeted for (non existent) presidential zoo animals and more aircrafts against the warnings of many patriotic Nigerians to stop the wastage of public funds. An economy its voodoo managers and statisticians claimed was growing at the rate of 7% cannot meet its basic obligations in less than one month of oil price drop. Where else can this happen except in incompetence enclave called Nigeria.
Posted on: Tue, 25 Nov 2014 21:10:55 +0000