President Buhari Reiterates That He Met Empty TreasuryPresident Muhammadu Buhari has again stressed that former President Goodluck Jonathan left an empty treasury for him.
He maintained that the fall in oil prices made the problem worse which eventually landed the country in present economic recession.
The President stated this on Thursday, January 12, while receiving recipients of the 2016 Nigerian National Order of Merit (NNOM) at the State House, Abuja.
"There was no money in the treasury," adding that "we were producing less than one million barrels of oil per day, from the 2.2 million barrels we used to do. The country was in a terrible shape, but luckily, the people understand, and are cooperating with us."
Identifying Nigeria's major challenges as insecurity, poor economy, and corruption, the President said of all the problems, corruption ranks the "worst."
He added: "‘Nobody disputed the fact that they were the major problems of Nigeria, and we campaigned on those three planks. As a government, we believe you cannot administer a country you have not secured, so we focused on security.
"The economy is also down, therefore, we are not sparing any effort to revive and diversify it, so that our people, particularly the youths, can get jobs. The third problem, and the worst of them all, is corruption."