BREAKING NEWS, Business
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President Muhammadu Buhari is unhappy that he inherited almost an empty treasury from former President Goodluck Jonathan with backlog of unpaid salaries
PRESIDENT Muhammdu Buhari is not to be envied in his current position. On his resumption in office at Aso Rock, Abuja, on Monday, June 22, Buhari disclosed to the nation he inherited a country with virtually empty treasury from former President Goodluck Jonathan. Consequently, he said his administration was being weighed down by debts running into millions of dollars.
Although he did not say how much debt he met, he promised to put in his best to salvage the country from the brink of collapse. The president was sad that civil servants across the country, both in the federal and states employment were being owed salaries. He described the development as disgraceful. He, however, appealed to the State House correspondents that he would need their help to avoid a situation where Nigerians might march on him.
Apparently irked by the enormity of the task ahead, the president said that the culture of assessing government’s performance in the first 100 days in office was putting pressure on him considering the mismanaged economy he inherited. “This bad management that we find ourselves in, we really need your help to protect us from people before they march on us,” he said.
The president relocated to the Presidential Villa on Sunday, June 22, after three weeks after he was inaugurated, on May 29. He had been operating from his private residence and the Defence House, the official residence of the president-elect in Abuja.
— Jun 23, 2015 @ 15:10 GMT
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