debt profile

debt profile

 

BUHARI INHERITED N7tr DEBT FROM JONATHAN, SAYS FINANCE MINISTER

 

Nigeria’s Minister of Finance, Hajia Zainab Ahmed on Monday said President Muhammadu Buhari inherited a debt profile of N7 trillion from former government of Goodluck Jonathan.

Ahmed said despite that, Buhari has been able to achieve some milestones.

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Buhari is facing re-election on February, 2019. His major challenger, Atiku Abubabkar of the Peoples Democratic Party (PDP) has asked Buhari honourably resign because he could not fix the economy and the country has gone way behind where it was in 2015 when he took over the reigns.

But in a tweet on Monday, the Finance Minister attributed the hardship in the country to humongous debt profile left behind by the PDP

“The liabilities inherited by President Muhammadu Buhari’s administration have not deterred his leadership from ensuring that these debts & liabilities are cleared; from pensioners of Nigeria Airways, to Paris Club Overdeductions, Ex-Biafra Police Officers, Oil Subsidy Debts, etc.”, said Ahmed.

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