Reno Omokri, a former presidential aide has accused former president Muhammadu Buhari of being responsible for the crashing of Nigeria’s economy.
Reno expressed that the former president Muhammadu Buhari is responsible for the current economic situation of Nigeria.
According to findings, at the end of Muhammadu Buhari’s tenure in May 2023, Nigeria’s debt had almost doubled from 18% to 35% of the Gross Domestic Product, GDP and inflation was left at 22.4%
Currently under the leadership of president Bola Ahmed Tinubu., inflation has increased with the removal of fuel subsidy which has caused the exchange rate to be in a volatile rate.
From Reno’s point of view, he believed that the deed was done by Buhari and all blames should be directed to him instead of the current president Tinubu who is working hard to fix what has been destroyed by the former president.
Sharing his thought with the public,
Reno took to X to write:
“Buhari Destroyed The Economy. Tinubu Is Trying to Restore It. That’s just the honest truth. Even our oil sales are useless to us now, because Buhari sold them in advance and pocketed the money.
“This is because he borrowed more than all past governments combined, until our debt service to revenue ratio was so high that even China stopped lending us money.
“The exchange rate was being subsidised with $1.5 billion every month. What you saw then was not Naira’s actual value.
“Buhari lied to you about our foreign reserve position. Those funds had been used to guarantee loans and purchases. Long and short of it all is that Buhari would have jailed President Jonathan if Dr Jonathan had done half of what Buhari did. Buhari did not run a government. He ran a criminal enterprise that turned his former recharge card selling nephew into an overnight private jet flying multi-billionaire.
“We, in the opposition know this. But some of us are playing politics with it because they lost the 2023 election, and as far as they are concerned, if they did not win, Nigeria must collapse.”
