ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, April 26, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Economy And Business

BREAKING: Tinubu Blames Obasanjo, Yar’adua, Jonathan For Nigeria’s Economic Crisis

“The current economic crisis the All Progressives Congress administrations have been battling since 2015 is the product of the poor choices in economic management made by Obasanjo and the two successors from his party.”

by NewsOnline Nigeria
November 19, 2024
in Economy And Business, Headline
0
Obasanjo, Yar’adua, Jonathan

President Tinubu has blamed Obasanjo, Yar’adua and Jonathan for Nigeria’s Economic Crisis.

 

NewsOnline Nigeria reports that the presidency has declared that Nigeria’s economic decline was caused by “poor economic” choices made by former presidents, Olusegun Obasanjo, Late Umaru Yar’adua and Goodluck Jonathan.

 

This was made known in a statement on Monday, November 18 by presidential media aide, Bayo Onanuga in response to the recent criticisms of the Bola Tinubu-led administration by Obasanjo.

 

SEE ALSO: Daniel Bwala Humiliated, Tinubu’s Spokesman Role Downgraded

 

Onanuga stated: “The current economic crisis the All Progressives Congress administrations have been battling since 2015 is the product of the poor choices in economic management made by Obasanjo and the two successors from his party.”

 

The presidency accused Obasanjo of failing to fix federal roads or expand the national road network.

 

It also stated that his government neglected federal universities, while the ex-president and his deputy, Atiku Abubakar, built private higher institutions.

 

“While oil receipts brought money into the country, Obasanjo failed to fix the deplorable federal roads or expand the national road network. He did not repair the Lagos-Ibadan expressway, the Lagos-Abeokuta road leading to his hometown in Abeokuta, the Otta-Idiroko road, and many others.

 

“His administration also should have paid more serious attention to universities and polytechnics.

 

“In a joint vote of no confidence in our tertiary institutions, Obasanjo and his deputy, Atiku Abubakar, sought to profit from their weaknesses by establishing their private universities.

 

“As a sitting President, Chief Obasanjo abused his office to advance personal interest against the spirit and letters of our constitution when he corralled leading businessmen, women and government contractors to donate billions of naira for his Olusegun Obasanjo Presidential Library and Resorts in Abeokuta and his Bell University in Otta,” the presidency stated.

Previous Post

BREAKING: Daniel Bwala Humiliated, Tinubu’s Spokesman Role Downgraded

Next Post

IGP Egbetokun Bans Nigerians From Reporting Police Misconduct On Social Media

Next Post
IGP Kayode Egbetokun

IGP Egbetokun Bans Nigerians From Reporting Police Misconduct On Social Media

Trending Stories

No Content Available

Latest Stories

Nnamdi Kanu

Biafra: Nnamdi Kanu Sends Message to Former US Mayor Mike Arnold Over Support

Opposition Parties

2027: Opposition Parties Unite, Adopt Single Presidential Candidate to Challenge Tinubu

Festus Edovia

Celebrating Failure: Nigeria’s Culture of Excusing Poor Leadership By Festus Edovia

JAMB Ordeal

JAMB Ordeal: What Candidates Endure Before Writing Their Exams By Festus Edovia

CBN

CBN Raises ATM Card Issuance Fee to ₦1,500, Scraps Monthly Maintenance Charges

Tunde Ayeni

BREAKING: EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over N36.5bn, $30m Fraud

Iru–Victoria Island LCDA Chair

Tinubu 2027: Iru–Victoria Island LCDA Chair Partners Arewa Group, Endorses Renewed Hope Agenda

FirstBank

MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria

AI

Nigerians Embrace AI and Search to Master Creative Skills, Drive Digital Growth in 2026

Fidelity Bank

Fidelity Bank Boosts SME Growth with Masterclasses on Pricing, Digital Sales, and Global Expansion

NewsOnline Nigeria

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria