Adebayo Adenrele
A social media activist, Reno Omokri has said former President Muhammadu Buhari destroyed economy as against claims by citizens blaming President Bola Tinubu.
Omokri said Tinubu is trying to restore the sector because Buhari sold oil sales in advance for his personal gain.
Taking to his X handle, formerly Twitter, he wrote, “Buhari Destroyed The Economy. Tinubu Is Trying to Restore It. That’s just the honest truth. Even our oil sales are useless to us now, because Buhari sold them in advance and pocketed the money.
“This is because he borrowed more than all past governments combined, until our debt service to revenue ratio was so high that even China stopped lending us money.
“The exchange rate was being subsidised with $1.5 billion every month. What you saw then was not Naira’s actual value.
“Buhari lied to you about our foreign reserve position. Those funds had been used to guarantee loans and purchases. Long and short of it all is that Buhari would have jailed President Jonathan if Dr Jonathan had done half of what Buhari did. Buhari did not run a government. He ran a criminal enterprise that turned his former recharge card selling nephew into an overnight private jet flying multi-billionaire.
“We, in the opposition know this. But some of us are playing politics with it because they lost the 2023 election, and as far as they are concerned, if they did not win, Nigeria must collapse.”