• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, February 11, 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 Egbetokun

IGP Egbetokun Bans Nigerians From Reporting Police Misconduct On Social Media

Trending Stories

No Content Available

Latest Stories

Dangote Refinery

Dangote Refinery Cuts Petrol Ex-Depot Price to N774/Litre as Market Dynamics Shift in 2026

Wike

ADC Urges Tinubu to Curb Wike Over Alleged Plot to Destabilise Party in Rivers

NRS

NRS Sets N40.71trn Revenue Target for 2026 After Beating 2025 Goal with N28.3trn

Nenadi Usman

Nenadi Usman Set to Take Over Labour Party National Secretariat in Abuja

Rotimi Amaechi

“Nigerians Were Better Off Under Buhari, Standard of Living Worsened Under Tinubu” – Rotimi Amaechi

Electoral Act Amendment Bill

BREAKING: Senate Names 12-Member Committee on Electoral Act Amendment Bill

Nigeria’s $9m Lobbying Scandal

Nigeria’s $9m Lobbying Scandal: A Costly Distraction from Insecurity, Poverty and Corruption – Festus Edovia

CBN, NCC

CBN, NCC Unveil Framework to End Failed Airtime and Data Transactions

Access Bank

Access Bank’s Acquisition of South Africa’s Bidvest Bank Collapses Over Regulatory Hurdles

Anglican Methodist Modern/Secondary School Ajagba

Anglican Methodist Modern/Secondary School Ajagba to Celebrate 70th Founder’s Day Anniversary in Oyo

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: [email protected]

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