Obasanjo spent $60billion
Yar Adua spent – $58billion
Jonathan spent – $145billion
Buhari spent – $125billion
It didn’t stop the Naira from crashing from N22 in 1999 to N800 black official market rate in 2023
Foreign reserve was paltry $32billion…
Debt was over $145billion….
Every wailer today supported one or two of this past leaders….
If they are now wailing that they don’t know what their leaders used borrowed funds for…
I will help these your leaders explain….
They used the borrowed money to defend Naira..
They used it to subsidize petrol till Nigeria borrowed more than it can pay…..
Tinubu borrowing is tied to a project….
$2 billion for National digital telecommunications infrastructures…
Health Infrastructures revolution…
Rural electrification and public institutions solar power…
Siemens transmission and distribution of electricity…
Over 80 federal roads rehabilitation simultaneously with 3 Virgin Roads spanning over 3000km…
Airports Upgrades ..
Seaports upgrades among many others…
If Tinubu has been borrowing for fuel Subsidy and defending the Naira like others … Nigeria debt could have surpassed $200billion…
Because Nigeria under Tinubu is twice the population of Nigeria under Obasanjo…
As usual
It is better to born a thief than to born a mumu – Urhobo Proverb…
Onovughe Igwe

