One of the greatest burdens any country's economy can suffer is a backlog of debts. Servicing those debts keeps weighing on the economy, making it difficult to achieve economic milestones.

When Obasanjo was Nigeria's President between 1999 and 2007, one of his biggest achievements was that he, with the help of Dr. Ngọzi Okonjo-Iweala, made sure that Nigeria became debt-free. That was responsible for the speedy development experienced by the Nigerian economy between 2002 and 2014.

The Jonathan administration crowned it all by getting Nigeria to overtake South Africa for the first time as the fastest growing economy in Africa in spite of the adverse effects of Boko Haram which was essentially North's style of attacking Jonathan's Government. At last, they succeeded in using violence to boot Jonathan out of Aso Rock.

Since this Buhari Government took over, Nigeria has lost all the positive economic indices built under the 3 PDP Governments that preceded it. For instance, Nigeria has fallen off the MINT nations. Again, Nigeria's debt-to-GDP ratio has continued to widen.

The problem is not that the Buhari Government is a serial borrower. It's rather that we are not seeing serial development that's proportionate with the debts. So, where is most of the borrowed fund going to? Surely, it's partly going into private accounts and projects and partly into developing Niger Republic and indirect sponsorship of terrorist cells like MACBAN and Boko Haram (yes, I've said it and I stand by it. If you want my phone number I'll give it to you).

So, what has all these to do with the APC governors' visit to Goodluck Jonathan? This is it: They have plundered the economy and have mortgaged its future by borrowing and stealing the fund. Now, they are looking for those to inherit the mess, so that they will have the joy of blaming them (as they're known to do). They're asking Jonathan to join their party and contest for president in 2023. What they told Jonathan is that they need him to restore the country's unity. But that's a lie.

The Nigerian economy is now on a precipice. In a year's time, the Naira will be exchanging at no less than N1,000 per dollar even as our oil economy is running ever low. I really pity the next administration of Nigeria's Federal Government because they will have nothing to fall back on. The situation is so dire that even the North might support an Igbo to become the next president in case Jonathan refuses (he told the delegation to give him time to think about it).

The reason why someone like Dave Umahi joined APC is also not far from this. I'll be right back with part 2 of this revelation because this is getting too long.

If you ask me na who I go ask,




Wait let me call oga jona to ask am

To give him some sense

Those above me, you didn't read before commenting.

They want him as their 2023 presidential candidate..to cover their mess and gross looting of 8years,if elected.thieves.

they have tasted what leadership looks like