President Muhammadu Buhari Monday said that he inherited a “‎virtually empty treasury” with debts running into hundreds of millions of Dollars and appealed to the media to explain the true position to Nigerians so that “they won’t match on us”.

The President who spoke while meeting with members of the State House Press Corps said it was a disgrace that Nigeria is not able to pay workers salaries adding that this was as a result of bad management.

According to him, there was ‎already a lot of pressure on his government due to the huge expectations of Nigerians on what they desire from the administration.

While calling on the media to cooperate with his administration‎, President Buhari said he choose Femi Adesina to be his Adviser because he is ‘one of the best’.

President Muhammadu Buhari attending to some files in his office as he resumed duties at the Presidential Villa, Abuja. Photo by Abayomi Adeshida

“It is not by accident that I got the best of you to be the special adviser, one of the 15 aides  I had to get clearance from the Senate‎. He is one of the best President of the guild that I can have as special advisers. I brought one of the best of you so that he can consistently defend me against you.

“Whether my job is a difficult one or easy it is up to him, but I’m here to thank you in advance for ‎what good and ill you are going to do to me.

“I have to quickly come and see you and welcome you to this place. I hope ‎what happened of recent between the former president and one of you (the seizure of the accreditation of the Radio Germany reporter) will not happen between me and you.

“I hope we are starting and this culture developed, of 100 days is bringing so much pressure with treasury virtually empty, with debts in millions of dollars, with state workers and even federal workers not paid their salaries. It is such a disgrace for Nigeria. I think Nigeria should be in a position to even pay it’s workers. This bad management that we find ourselves in, we really need your help to protect us from people before they match on us” he said.

For members of the State House Press Corps, it is a first time that they would be meeting the president, starting from President Obasanjo up to President Goodluck Jonathan.

Chairman of the State House Press Corps, Kehinde Amodu who spoke on behalf of members of the Corp pledge to work with the government in the interest of Nigeria.

http://www.vanguardngr.com/2015/06/nigerias-treasury-is-virtually-empty-buhari/

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No excuses, GEJ inherited a dilapidated infastructure nationwide, he did not complain but got down to work.


Buhari must not disappoint or go back on his words.


We are not afraid to call u a liar and cakll for your impeachment, if you do.

una neva hala. Please your alamjiris are waiting for their free food and N5000. Start by stabilising the price of crude and money will flow your way.

bodeloja:
No excuses, GEJ inherited a dilapidated infastructure nationwide, he did not complain but got down to work.


Buhari must not disappoint or go back on his words.


We are not afraid to call u a liar and cakll for your impeachment, if you do.

Give buhari what that clueless man inherited,
And you see nigeria become the best nation in africa

Okonjo Iweala should be called for questioning.

tucky200:

Give buhari what that clueless man inherited,
And you see nigeria become the best nation in africa

For decades Northern President messed up this country, so i dont see your point, Buhari better not disappoint.

Gej inherited billions of dollars in the treasury, got the highest revenue Nigeria has ever gotten since independence but left Nigeria with empty pulse coupled with debt.

If this man no go jail hen, that means PMB is a very kind hearted man

EXCUSES ARE FOR THOSE WHO ARE ABOUT TO FAIL.

Stop complaining and start dishing out the "change"

tucky200:

Give buhari what that clueless man inherited,
And you see nigeria become the best nation in africa

The FG revenue is 70% dependent on oil proceeds.


Obama blocked the US from importing oil from us, coupled with the oil glut occasioned by Saudi Arabia pumping too much into the market and a significant drop in the price of crude, how in God's name will we not be broke?

Every logical solution that was proposed by Ngozi was vehemently opposed by your governors even the removal of fuel subsidy which you guys are not complaining of any more since your It is your Buhari in office now.


I don't really have the energy for nairaland any more because I feel there is no need arguing with illiterates.


Please try and update yourself of facts rather than regurgitating cheap lies from Liar Mohammed



[size=18pt]all this talk about FG being broke is only to pave way for Buhari taking a juicy IMF loan which will be in dollars and is meant to put us in bondage to JP Morgan and Co for the next 40yrs


The change they promised was to steer us back to the dollar which GEJ was set to dump


This is why Obama wanted him out to the point of loaning Buhari his personal campaign manager and brazenly opposing our fight against the Bokos.


Already Sanusi has been appointed into the board of the US based Financial giant Blackstone who are to invest $5bn in our Energy market [/size]

PPAngel:

[size=18pt]Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans.[/size]

The concluded WEF held in Abuja in May, 2014 saw China unveil a $42bn investment over the next 10yrs in the African continent with Nigeria expected to gulp the highest share of over $30bn in direct infrastructural investment, energy sector and manufacturing.


With the emergence of the newly appointed Colonial Governor of the Royal Niger Company aka Nigeria, expect to see Buhari cancel outrightly all Chinnese direct investments in preference to western loans from the IMF, World Bank and Paris Club.

Off course, all the newly borrowed money will be diverted with nothing on ground to show for it but debt for the next 40years.

Change Change Change!

Baba start working.its d very dilapidated state of the nation that heralded ur elevation to d position u presently occupy and naturally u made all believe u knew how to go about it,hence ur 12 years struggle to bcom d president.trust me,Nigerians are aware of all these,just go about solving d problems with d determination u sought for d post of presido.abeg we don tire to hear empty treasury.if u must,then let d people dat emptied d treasury b brought to nook na!pls sir start working

you don't move or achieve goals on the platform of complaints! If that was the lifestyle only God knows where we would be! PMB!now is not the time to begin to complain. Now is action!

bodeloja:


For decades Northern President messed up this country, so i dont see your point, Buhari better not disappoint.

At least all of em where better than the first south southerner
Buhari will surely do better,
Am a million % sure abt that

We all know this from the unset. However PMB should not only probe this past administration retrieve the looted funds and jail any culprit involved. !!!!

For a president that should be busy doing nothing else but ensuring his ministers are appointed, he is sure is making endless meaningless statements through media, even though we can never see him exchange any words with journalists on camera since his inauguration 4 weeks ago.

Stop complaining and start work, only a lazy engineer crys foul at the task at hand, assemble your laboures(ministers) get your building plans(economic blue print) get your materials and get us results solutions and progress
I voted for president buhari but this talk talk don tire me
We know the problems but we believe in your maturity and experience to work out Nigeria asension from the grave of poverty corruption and insecurity
Thank you Sir. I thank Allah our Presido na Military General so na ACTION MAN we want not talk talk

awon aye don pack everything finish

We expected you to Say that.

Baba declare your asset now.
So we would know if u inherited an empty treasury after your tenure.


Dont give us reason to loot our money and get down to work

PvtParts:



The FG revenue is 70% dependent on oil proceeds.


Obama blocked the US from importing oil from us, coupled with the oil glut occasioned by Saudi Arabia pumping too much into the market and a significant drop in the price of crude, how in God's name will we not be broke?

Every logical solution that was proposed by Ngozi was vehemently opposed by your governors even the removal of fuel subsidy which you guys are not complaining of any more since your It is your Buhari in office now.


I don't really have the energy for nairaland any more because I feel there is no need arguing with illiterates.


Please try and update yourself of facts rather than regurgitating cheap lies from Liar Mohammed

What is this one saying

Excuses upon excuses everyday...

Where is President Mitchell of West Germany when you need her

What a shame.

I'm yet to see a single reason why Jonathan should have been retained on that seat. When Bakere said it years ago that Jonathan was on a mission to bankrupt the country, people called the gentleman all manner of unprintable names but it seems he's now being vindicated by providence.

PDP/Jonathan knew what they had done to this nation and that was the reason behind the kind of campaign the marshalled against the President.

I really hope to see a lot of the people who worked under Jonathan account for the state of our treasury, and justify that under the conditions of crude oil sales that prevailed at that time.

Ya Buhari it is virtually empty the way you told us that you have something like a million naira in your account during campaign.
Sir we believe you.
Sai BuHari the living saint! You are our religion, if you tell us to hug transformer we will with Sai Buhari in our lips do so.
Oh! Incorruptible Sai Buhari we believe you and we are ready to die for you online.
We are the sheep, your word is our food.
Tell us that Jonathaan stole your cattle we go beliieve you sir.

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We knew all along,GEJ use some for campaign then Madueke Diazani and Ngozi hold the rest for safe keeping,just ask them to bring it,sorry Mama peace help herself as well.

Oga Jona you try oo you transform Nigeria treasury account.. Transformation agenda..
Let them probe this man and his wife..

PEACE AIRLINE --owned by patience
Dame PEACE Trains -
Oga thiefinubu oya come oooo
Alison madueke baby..omo toh fine
Bobo sanusi lamido
Thug Wike..
Swetty 16 Stella oduah
Drug baroon Kashumu..and others..

Probe all of them.

Many of you hooligans need to keep quiet. Do you not understand what transparency government or FOI Bill stand for again?

Instead of taking past administration responsible, you're foaming in the mouth. That's why your politicians steal......y'all won't make them take responsibility for their actions.

I think we already know that which is the reason we elected him in the first place. But I am sure he is WILLING and ABLE to fix the Nigerian problem.

The treasury was meant to cater for the needs of the nation,it's normal for it to be spent and refilled with the nations income.

When Gej took over,it was almost empty,he worked with the funds left and generated more funds .

If their are any irregularities,then he should probe them.

The Daura President should stop giving flimsy excuses,he should get to work instead of complaining about virtually everything .

this was crystal clear like the biblical teke teke mene uphasin. GEJ,Alison and co, ko ni da fun yin

Hmmmmmm