Nigeria was debt-free when I left government in 2007 – Obasanjo

Date: 29-08-2012 2:11 pm (8 years ago) | Author: franel
[1] 2 3 4
- at 29-08-2012 02:11 PM (8 years ago)
(m)
«§» 29 August 2012

Former president, Chief Olusegun Obasanjo on Tuesday disclosed that before handling over to the late President Umaru Musa Yar’Adua in 2007, Nigeria was a debt-free nation. He also claimed that  his administration brought about tremendous changes in the county’s economy.



Mr Obasanjo made this known while speaking in Lagos at a forum by Nigeria Leadership Initiative (NLI), where he disclosed that he still believes in the future of the Nigeria.

According to him “when I came on board in 1999, the reserve of this country was $3.7 million and we were taking $3 billion every year to manage our debt and as at then, we owed about $35 billion . By the time I left the government in 2007, our reserve was over $45 billion after paying all our debt.”

He noted that the leadership problems in Africa have been attributed to many causes, “the most significant of which is leadership inadequacies.”  “A  leader must not only lead, he must be seen, accepted and trusts to be decisively leading” the former President stated.


Posted: at 29-08-2012 02:11 PM (8 years ago) | Hero
- richi192 at 29-08-2012 05:03 PM (8 years ago)
(f)
abeg make eh let person hear word jare  Angry

Posted: at 29-08-2012 05:03 PM (8 years ago) | Gistmaniac
Reply
- dlimelite at 29-08-2012 05:06 PM (8 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 29-08-2012 05:06 PM (8 years ago) | Hero
Reply
- adeloffy at 29-08-2012 05:27 PM (8 years ago)
(m)
Is it not true? Why the abeg...while not claiming that obj is a saint,I am sure it will be a sin not to acknowledge thathegot many things right
Posted: at 29-08-2012 05:27 PM (8 years ago) | Newbie
Reply
- jamesbondchick at 29-08-2012 05:53 PM (8 years ago)
(f)
Uncle shege,why are you disgracing uncle jonah nah? Abeg make we hia word!

Posted: at 29-08-2012 05:53 PM (8 years ago) | Gistmaniac
Reply
- lanudja at 29-08-2012 05:54 PM (8 years ago)
(f)
Hmmm baba baba i hail ooo
Posted: at 29-08-2012 05:54 PM (8 years ago) | Hero
Reply
- toibeli at 29-08-2012 05:56 PM (8 years ago)
(m)
Naija may have been debt free at that time, but poverty and stealing by politicians increased by 100%.
Posted: at 29-08-2012 05:56 PM (8 years ago) | Gistmaniac
Reply
- ticho at 29-08-2012 06:36 PM (8 years ago)
(m)
What will this man teach about leadership?biggest thief in naija history
Posted: at 29-08-2012 06:36 PM (8 years ago) | Newbie
Reply
- ticho at 29-08-2012 06:37 PM (8 years ago)
(m)
What will this man teach about leadership?biggest thief in naija history
Posted: at 29-08-2012 06:37 PM (8 years ago) | Newbie
Reply
- interpo777 at 29-08-2012 06:51 PM (8 years ago)
(m)
hmm,obasanjo will nee stop making me laugh.......so he is claiming a saint or he is a corruption free leader? OBJ must stop telling cock and bull stories, he must stop thinking that nigerians re ignorant of his falses atitude and  corruption ....who sold abiokuta iron ore complex? .the nigerian free debth in  2007 was architected by NGOZI OKONJI IWUALA not  obj.........he ruined nigeria and today the results re in the street....
Posted: at 29-08-2012 06:51 PM (8 years ago) | Gistmaniac
Reply
- Neglito at 29-08-2012 07:18 PM (8 years ago)
(m)
Truth, Nigeria was almost debt-free in 2005-2007
Posted: at 29-08-2012 07:18 PM (8 years ago) | Gistmaniac
Reply
- Boobies at 29-08-2012 07:23 PM (8 years ago)
(f)
deluded old goat
Posted: at 29-08-2012 07:23 PM (8 years ago) | Upcoming
Reply
- Boobies at 29-08-2012 07:25 PM (8 years ago)
(f)
[/b]
Quote from: Boobies on 29-08-2012 07:23 PM
obj is just a deluded old goat
Posted: at 29-08-2012 07:25 PM (8 years ago) | Upcoming
Reply
- zoe61 at 29-08-2012 07:55 PM (8 years ago)
(f)
lier,lier, father of all corruption; if what he said is true why did he not teach the so umar, and mr president how to manage the country because he froce the ppl to accept them and vote for them
Posted: at 29-08-2012 07:55 PM (8 years ago) | Hero
Reply
- Solidstonez at 29-08-2012 07:58 PM (8 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 29-08-2012 07:58 PM (8 years ago) | Addicted Hero
Reply
- Solidstonez at 29-08-2012 07:58 PM (8 years ago)
(f)
Quote from: richi192 on 29-08-2012 05:03 PM
abeg make eh let person hear word jare  Angry
Grin Grin Grin Grin Grin

Posted: at 29-08-2012 07:58 PM (8 years ago) | Addicted Hero
Reply
- Adego1 at 29-08-2012 08:20 PM (8 years ago)
(m)
Uncle shege Grin Grin aka OBJ aka baba Iyabo aka International thief thief  Grin Grin
Posted: at 29-08-2012 08:20 PM (8 years ago) | Upcoming
Reply
- cadanre at 29-08-2012 08:30 PM (8 years ago)
(f)
Same with Late Yar'adua. What of now?

Posted: at 29-08-2012 08:30 PM (8 years ago) | Hero
Reply
- Solidstonez at 29-08-2012 08:40 PM (8 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 29-08-2012 08:40 PM (8 years ago) | Addicted Hero
Reply
- harunakoni at 29-08-2012 08:42 PM (8 years ago)
(m)
Men u been try no doubt.. Bt u rigged election lik die.
Posted: at 29-08-2012 08:42 PM (8 years ago) | Upcoming
Reply
[1] 2 3 4