Babatunji Wusu –
The previous president Muhammadu Buhari’s administration is allegedly responsible for the collapse of the Nigerian economy, according to legislator Jimoh Ibrahim of the Ondo South senatorial district.
In an interview on Channels TV on Monday, Ibrahim asserted this.
According to Ibrahim, under Buhari’s leadership, Nigeria’s economic indicators “went negative.”
The senator further asserted that railways were not built by the Buhari administration.
Ibrahim said that the GDP was $15 billion when the Jonathan administration turned over power to the Buhari administration.
On the other hand, the member said that the country’s GDP turned negative within two years of Buhari taking office.
“Don’t let’s talk about the Buhari administration because Jonathan left current account cash positive by $15 billion GDP,” he remarked.
“Two years after Buhari took office, it dropped to $17 billion. During the Buhari presidency, every single variable went south. Something went awry.
“Jonathan developed every airport and train station here. It is impossible to identify even a single $1 billion project that Buhari genuinely provided funding for.
Nevertheless, the Buhari administration finished four standard gauge railway projects between 2016 and 2021: the Lagos-Ibadan rail line, the Itakpe-Warri rail line, and the Abuja-Kaduna rail line. This refutes Ibrahim’s assertion.