ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, November 21, 2025
  • 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
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 Bans Nigerians From Reporting Police Misconduct On Social Media

Trending Stories

No Content Available

Latest Stories

BREAKING: Nnamdi Kanu Rejects Life Sentence, Moves To Appeal Court

Mixed Reactions Trail Nnamdi Kanu’s Conviction, Life Imprisonment Sentencing

BREAKING: ‎Nnamdi Kanu Sentenced To Life Imprisonment For Terrorism

BREAKING: Nnamdi Kanu Convicted On Terrorism Charges

FairMoney Unveils FlexiCredit, a New Credit Line Designed for Nigerian Professionals

BREAKING: Justice Omotosho Delivers Judgement In Nnamdi Kanu’s Absence

“You Don’t Know The Law, God Punish You” Nnamdi Kanu Blasts Justice James Omotosho

BREAKING: Justice Omotosho Bundles Nnamdi Kanu Out Of Courtroom

NAFDAC Issues Alert as Chad Bans Bledine Infant Cereals Over Toxic Contamination

FG Confirms Cryptocurrencies Now Taxable Under Nigeria’s New Fiscal Framework

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 © 2025 NewsOnline Nigeria

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

Copyright © 2023 Newsonline Nigeria

Exit mobile version