According to President Muhammadu Buhari, Nigeria is now a
poor country due to the drop in global oil prices.
Buhari made the comment on Thursday, August 11, 2016, while
meeting with the Executive Director of the United Nations Population Fund
(UNPF), Professor Babatunde Osotimehin at the Presidential Villa in Abuja.
According to a statement by his Special Adviser on Media and
Publicity, Femi Adesina, the President said:
“It has been a very difficult year for Nigeria. Before we
came to office, petroleum sold for about $100 per barrel. Then it crashed to
$37, and now oscillates between $40 and $45 per barrel.”
“Suddenly, we’re a poor country, but commitment to
transparency and accountability is not making people know that there is severe
shortage.”
President Buhari has been blamed for the economic crisis in
the country with members of the opposition Peoples Democratic Party (PDP)
accusing him of brining negative change.
Buhari and the All Progressives Congress (APC) are believed
to have won the 2015 elections due to their promise to bring change to the
country.
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