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Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo - Politics (7) - Nairaland

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Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by 004gist: 4:48pm On Nov 01
Mrfeel:

Give you Link to online news of 1999-2007 ? I can't give you that

All we know is the Obasanjo administration spent about 16$ on power, they said they would generate 10 MW of power which they never did,I heard that many times on the news on radio station and during campaign

You know u are olodo.

Whats the budget from 1999 to 2007?
The total budget was 11.465 trillion and given the average exchange rate of 122.35 per dollar that leaves you with 93.7 billion USD.
Now i leave u with an assignment to check the entire budget of the ministry of power from 1999 to 2007 convert it to dollar using 122.35
Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by Mrfeel: 7:00pm On Nov 01
004gist:


You know u are olodo.

Whats the budget from 1999 to 2007?
The total budget was 11.465 trillion and given the average exchange rate of 122.35 per dollar that leaves you with 93.7 billion USD.
Now i leave u with an assignment to check the entire budget of the ministry of power from 1999 to 2007 convert it to dollar using 122.35



93.7 billion dollars? What did Obasanjo's administration do with 93.7 billion dollars?
Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by 004gist: 8:39pm On Nov 01
Mrfeel:


93.7 billion dollars? What did Obasanjo's administration do with 93.7 billion dollars?

Do u know that Buhari budget was 4 of that?
Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by Mrfeel: 12:19am On Nov 02
004gist:


Do u know that Buhari budget was 4 of that?
What did Obasanjo's administration do with the 93$ billion dollars, please
Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by 004gist: 7:02am On Nov 02
Mrfeel:

What did Obasanjo's administration do with the 93$ billion dollars, please

He ensured that over 36 billion debt was erased from Nigeria history and saved over 70 billion dollars. Stabilize the naira... Naira sold for 85 to 125 throughout his period, the economy grew, security was top notch . New agencies were created efcc, ICPC etc to tackle peculiar problems.

Obasanjo remains the best leader.... Two times of him being the president the US president had to visit Nigeria to see his wonders.
Re: Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo by Mrfeel: 9:15am On Nov 02
004gist:


He ensured that over 36 billion debt was erased from Nigeria history and saved over 70 billion dollars. Stabilize the naira... Naira sold for 85 to 125 throughout his period, the economy grew, security was top notch . New agencies were created efcc, ICPC etc to tackle peculiar problems.

Obasanjo remains the best leader.... Two times of him being the president the US president had to visit Nigeria to see his wonders.
He paid debt that's the only thing you mentioned, how was the country making from crude oil during that time?

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