Buhari has squandered Nigeria’s resources through mass corruption – Meek Bill

Buhari has squandered Nigeria's resources through mass corruption - Meek Bill

For your information: Buhari’s 1 Year + In Office.

Buhari was handed over:

– $30billion in our Foreign Reserves,

– $2.5billion Sovereign Wealth Fund,

– $1.4billion in the ECA,

– $4.65b back taxes from NLNG.

– Buhari met an approved budget of N4.5trillion

Buhari received within a year:

– $2.7billion collected by Inland Revenue in his first 8 months.

– $2.1billion world bank loan.

– $850million Grants from UK, USA and Europe.

– Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO

– 3trilion on STA


More than a year has passed:

1] Not a kilometer of road constructed,

2] Not a watt of Electricity generated,

3] Not a Ward added to any Hospital in Nigeria.

4] Not a job space created, except the CBN job he shared with his cronies.

5] Not a grain of corn or tomato seed was provided to farmers. [Fertilizer subsidy taken away and handed back to ex-military men].

6] 41 foreign companies mostly in service industry have left Nigeria.

7] 4.3 Million jobs lost in 10months – National Bureau of Statistics.

8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back.

9] War on Corruption turned into war against his perceived enemies. Convictions by EFCC were cases meticulously started by previous govt(s). Buhari wins cases only on the pages of Newspapers.

10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.

11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record began.

12] No.3 fastest growing economy in the world to No.83 in 365days.

Fund collected from looters: Who knows the total?

By MEEK BILL