₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,670 members, 8,436,858 topics. Date: Tuesday, 30 June 2026 at 10:09 PM

Toggle theme

‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo - Business - Nairaland

Nairaland ForumNairaland GeneralBusiness‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo (730 Views)

1 (Go Down)

‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by Monimatic(op): 12:12pm On Mar 21, 2016
Former President Olusegun Obasanjo has dismissed calls by some people demanding that he accounts for Abacha loot recovered by his administration. In an interview over the weekend, the former military general described such persons as “illiterates and stupid people”.
Obasanjo said the role of his office was to facilitate the recovery process and not how it was put to use.
“They said the money recovered from Abacha, I should account for it. What stupidity! The man who asked for it, the man who gave the judgement or who answered them are all stupid, with due respect.
“I don’t keep account, all Abacha loots were sent to Central Bank of Nigeria, CBN, and every bit of it was reported to Minister of Finance. My job was to write where we can get help to recover the money.
“Every penny that comes out of it went to CBN, so if they want to know what happened to the money, they should call CBN governor or call the Minister of Finance.
“But again, it shows ignorance, total ignorance, which is lacking and you wonder, are these people educated? They can also approach the man who helped us in recovering process to give the list of money recovered and where he took it,” Obasanjo said.
Buhari Luckier Than Me
While commenting on oil prices, Obasanjo said President Muhammadu Buhari was lucky comparing Buhari’s opportunities with his own.
“When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing.
“I know the price is down now and with time, it will jump up again. What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again,” he maintained.
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by stzy(m): 12:14pm On Mar 21, 2016
What can the crowd say .... No source
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by Random75: 12:17pm On Mar 21, 2016
noted.
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by powerfulsettingz: 12:20pm On Mar 21, 2016
Obasanjo senior brother to lie Mohammed
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by Tallesty1(m): 12:31pm On Mar 21, 2016
stzy:
What can the crowd say .... No source
I think the op is an ear-witness
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by ozy4christ(f): 12:45pm On Mar 21, 2016
30 what? I tot PMB said GEJ finisd all d money.in mama peaces voice,THERE IS GOD O O
Re: ‘I Met $3.7 Billion In Reserve, While Buhari Met $30 Billion’ – Obasanjo by Mynd44(mod): 6:28am On Mar 22, 2016

1

Dangote To Invest Up To $50 Billion In U.S., Europe By 2025Paystack Records N1 Billion In Monthly Transactions ValueBreaking!! Saudi Arabia Crashes Oil Price While Buhari Is In Country!!!234

Help On Handwork SuggestionWabba’s NLC, TUC Insist On Strike; Say Court Order Is Black Market InjunctionUnderstanding The Service Concept