[img]http://www..com.ng/wp-content/uploads/2015/05/Jonathan-handing-over-a-very-bad-economy-to-us-%E2%80%93-Osinbajo2-300x257.jpg[/img]

Jonathan handing over a very bad economy to us – Osinbajo

The Vice President-elect, Prof. Yomi Osinbajo, has said the Muhammadu Buhari-led government will inherit the worst economy ever in the history of Nigeria from Goodluck Jonathan.

Also, a former British Prime Minister, Tony Blair, has advised Buhari to take advantage of the country’s current level of public support for him to take hard decisions and reposition things fast.

Osinbajo and Blair spoke at the opening of a two-day Policy Dialogue on the Implementation of the Agenda for Change, which began in Abuja on Wednesday.

Osinbajo put the nation’s local and international debt profile under Jonathan at US$60bn with a 2015 debt-serving bill of N953.6bn, representing 21 per cent of the entire 2015 budget.

He noted that an estimated 110 million out of the nation’s over 170 million population, were living in extreme poverty while the largest chunk of the benefits of the nation’s wealth was going into the pockets of a small percentage of the population.

According to him, the nation’s dwindling oil revenues has made it difficult for 24 of Nigeria’s 36 states to pay salaries.

He said, “We are concerned that our economy is currently in perhaps its worst moment in history. Local and international debts stand at US$ 60bn.

“Our debt servicing bill for 2015 is N953.6bn, 21 per cent of our budget. On account of severely dwindled resources, over two-thirds of the states in Nigeria owe salaries.

“Federal institutions are not in much better shape. Today, the nation borrows to fund recurrent expenditure.”

Osinbajo said the manifesto of the APC "offers a vision of shared prosperity and socio-economic inclusion for all Nigerians that leaves no one behind in the pursuit of a prosperous and fulfilling life."

Read more>>> http://www.justyouchat.com/jonathan-handing-over-a-very-bad-economy-to-us-osinbajo/

Let's try and make it work

GEJ really dealt with our economy... May we never experience such a president again.

There is always a way out, if the mind is focused and the will is strong, success is sure..

Adenugay:
[img]http://www..com.ng/wp-content/uploads/2015/05/Jonathan-handing-over-a-very-bad-economy-to-us-%E2%80%93-Osinbajo2-300x257.jpg[/img]

Jonathan handing over a very bad economy to us – Osinbajo

The Vice President-elect, Prof. Yomi Osinbajo, has said the Muhammadu Buhari-led government will inherit the worst economy ever in the history of Nigeria from Goodluck Jonathan.

Also, a former British Prime Minister, Tony Blair, has advised Buhari to take advantage of the country’s current level of public support for him to take hard decisions and reposition things fast.

Osinbajo and Blair spoke at the opening of a two-day Policy Dialogue on the Implementation of the Agenda for Change, which began in Abuja on Wednesday.

Osinbajo put the nation’s local and international debt profile under Jonathan at US$60bn with a 2015 debt-serving bill of N953.6bn, representing 21 per cent of the entire 2015 budget.

He noted that an estimated 110 million out of the nation’s over 170 million population, were living in extreme poverty while the largest chunk of the benefits of the nation’s wealth was going into the pockets of a small percentage of the population.

According to him, the nation’s dwindling oil revenues has made it difficult for 24 of Nigeria’s 36 states to pay salaries.

He said, “We are concerned that our economy is currently in perhaps its worst moment in history. Local and international debts stand at US$ 60bn.

“Our debt servicing bill for 2015 is N953.6bn, 21 per cent of our budget. On account of severely dwindled resources, over two-thirds of the states in Nigeria owe salaries.

“Federal institutions are not in much better shape. Today, the nation borrows to fund recurrent expenditure.”

Osinbajo said the manifesto of the APC "offers a vision of shared prosperity and socio-economic inclusion for all Nigerians that leaves no one behind in the pursuit of a prosperous and fulfilling life."

Read more>>> http://www.justyouchat.com/jonathan-handing-over-a-very-bad-economy-to-us-osinbajo/

yes
the economy was bad a long time ago
our reserves, earnings, exchange rates, spending pattern were all public knowledge
we knew we are funding war against insurgency and oil price is low
Jonathan did not promise to feed school children free
he did not promise N5000 a month to the elderly and jobless
remember you articulated how to fund these at Benin and other forums you addressed.

proceed to execute your plans.
promise made is a debt.

Then resign, stop giving excuses, there is no government in Nigeria that left a perfect economy to his succesor

This tiny man sef.......we voted APC to effect change, not to show us another way of giving excuses