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Nigeria treasury ‘virtually empty’ says angry Buhari – Yahoo News UK

The government is under “so much pressure” that it’s unable to even regularly pay some state workers, Buhari told reporters on Monday in the capital, Abuja.

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President Muhammadu Buhari has ordered the immediate dismantling of all military checkpoints? In the country, ordering the Nigeria police to take charge of internal security henceforth.

President Muhammadu Buhari on Tuesday said his administration had received firm assurances of cooperation from the United States and other countries on the recovery and repatriation of funds stolen from Nigeria.

Suleiman, who was a federal minister disclosed that the ex- administration under the leadership of Goodluck Jonathan left behind the sum of US$30billion.

The order was handed down to the Defense Chiefs when the President had a meeting with officials of the Ministry of Defense at the State House.

The governors observed that this discriminatory policy was taking place only in PDP-controlled states.

The statement by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, quoted the President as saying that the soldiers must concentrate more on ending insurgency in the country.

Global oil shocks have squeezed Nigeria’s crude-dependent finances, forcing government projects to be scrapped or halted, while state employees have gone months without being paid. “This is the bad management that we find ourselves in”.

Africa’s top oil producer and biggest economy heavily subsidizes gasoline and relies on imports for the bulk of its domestic demand due to an underperforming refining system.

Citing the report submitted by the Ahmed Joda-led transition committee, Buhari said several revenue-generating institutions in the country had been compromised leading to a weak economy.

“Indeed, we empathize with the President, knowing that the confusion and clear lack of direction in his party have not helped matters, but we urge him to rise to the challenge, take urgent steps and disentangle himself from the selfish and unpatriotic tendencies of APC leaders, especially given the fact that Nigerians gave him a mandate for which they will continue to hold him accountable”.

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