Obasanjo – I Left Nigeria Better Than I Found It
Former President, Olusegun Obasanjo, has said that his administration was one of the best the country has had so far.
Obasanjo spoke in Abeokuta, yesterday, June 18, at the Safe Online Youth Fellowship Bootcamp organised by NerdzFactory Company, supported by Meta at the Youth Development Centre, Olusegun Obasanjo Presidential Library (OOPL).
He recalled landmark achievements his administration recorded while in office between 1999 and 2007.
He said he was responsible for setting Nigeria free from the bondage of immense debt, adding that he takes pride in the celebration of the 25 years an uninterrupted democracy, which started during his reign as democratic ruler in 1999.
He said: “When I came in as elected President, I wanted to get debt relief because we were spending $3.5 billion every year servicing debt and the quantum of the debt was not going down. Today, I can say that I made Nigeria better than I found it from an economic perspective.
“I found $3.7 billion in the reserves and we were spending $3.5 billion to service our debt. By the time I left, we had a debt of about $36 billion with the debt relief, and I left with a debt of $3.6 billion. Also, I left a reserve of over $50 billion. I also achieved excess crude for the country worth over $25 billion.”
You may be interested

Military Kills 1,770 Terrorists, Arrests Over 3,000 In North-West – CDS
gisthub - Apr 25, 2025The Chief of Defence Staff, General Christopher Musa, has disclosed that the Nigerian Armed Forces neutralised at least 1,770 terrorists and arrested…

Bloom PFM earns ISO certification
gisthub - Apr 25, 2025Bloom PFM, a Nigerian facility management firm, has earned the ISO 9001:2015 certification, marking a significant step in its pursuit of quality and…

Kenyan Woman Shot Dead By Her Babydaddy After Domestic Squabble In The US
gisthub - Apr 25, 2025A tragic incident occurred in the United States on Tuesday, April 22, 2025, when Hulda Bochere Mosiori, a 42-year-old mother of four from…
Most from this category

Killings: Alia Guarantees Corps Members’ Security In Benue
gisthub - Apr 25, 2025
Akpabio Heads Nigerian Delegation To Pope Francis’ Funeral
gisthub - Apr 25, 2025
Russia Detains Romanian Suspected of Espionage for Ukraine
gisthub - Apr 25, 2025
Leave a Comment