{"id":287337,"date":"2023-09-05T14:19:38","date_gmt":"2023-09-05T13:19:38","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=287337"},"modified":"2023-09-05T14:37:33","modified_gmt":"2023-09-05T13:37:33","slug":"buhari-spent-nigerias-money-recklessly-obasanjo","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/09\/05\/buhari-spent-nigerias-money-recklessly-obasanjo\/","title":{"rendered":"Buhari spent Nigeria&#8217;s money recklessly; Tinubu looking for debt relief he&#8217;ll not get \u2013 Obasanjo"},"content":{"rendered":"<ul>\n<li><strong>Obasanjo said he knew Buhari was not sound economically but he did not think he would be so reckless to the point of grounding the economy<\/strong><\/li>\n<li><strong>He also said nobody would grant Nigeria debt relief after seeing how the economy has been mismanaged and the level of corruption in the system<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>Former president Olusegun Obasanjo has shared his thought on the government of the immediate past president, Muhammadu Buhari, and the state of the economy.<\/p>\n<p>Nigeria is currently battling with 25% inflation rate and 53% unemployment rate, a situation that is widely believed to be the fallout of the mismanagement of the nation&#8217;s economy by the Buhari government.<\/p>\n<p>The removal of subsidy from petrol and the unification of the exchange rate have sent the cost of living through the roof, further decimating the purchasing power of already struggling Nigerians.<\/p>\n<p>Former Emir of Kano state, Muhammad Sanusi, had said <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/09\/05\/corruption-sycophancy-prevalent-under-buhari-boy-who-had-never-worked-bought-private-jet-sanusi\/\">Buhari destroyed the economy<\/a> because of his refusal to seek out and heed the advice of experts.<\/p>\n<p>He also disclosed that many people who had not done a day job in their lives became overnight billion through foreign exchange arbitrage and rent seeking.<\/p>\n<p>For his part, Obasanjo said he knew Buhari was not sound economically but he did not think he would be reckless to the point of grounding the economy.<\/p>\n<p>Obasanjo bared his mind in an interview with an Online newspaper, TheCable.<\/p>\n<p>He also said nobody would grant Nigeria debt relief after seeing how the economy has been mismanaged and the level of corruption in the system.<\/p>\n<p>&#8220;Tinubu said the other day that it was unacceptable that he would spend 90% of revenue to service debts. I wasn\u2019t spending 90% when I went worldwide to get debt relief. Do you think that anybody would give you debt relief today?<\/p>\n<p>&#8220;Buhari was spending money recklessly. I know Buhari didn\u2019t understand economics. I put that in my book. But that he could also be so reckless, I didn\u2019t know. Who would you go to today and ask for a favor? Tinubu says he has trimmed the number of people attending the United Nations General Assembly. Is that news? He will meet with Justin Trudeau, and he will meet with Emmanuel Macron. That will not solve any problem.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Obasanjo said he knew Buhari was not sound economically but he did not think he would be so reckless to the point of grounding the economy He also said nobody would grant Nigeria debt relief after seeing how the economy has been mismanaged and the level of corruption in the system Former president Olusegun Obasanjo [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":84378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[115,704,1665,28],"class_list":["post-287337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-buhari","tag-economy","tag-obasanjo","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Buhari spent Nigeria&#039;s money recklessly; Tinubu looking for debt relief he&#039;ll not get \u2013 Obasanjo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/09\/05\/buhari-spent-nigerias-money-recklessly-obasanjo\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buhari spent Nigeria&#039;s money recklessly; Tinubu looking for debt relief he&#039;ll not get \u2013 Obasanjo\" \/>\n<meta property=\"og:description\" content=\"Obasanjo said he knew Buhari was not sound economically but he did not think he would be so reckless to the point of grounding the economy He also said\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2023\/09\/05\/buhari-spent-nigerias-money-recklessly-obasanjo\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-05T13:19:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-05T13:37:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/09\/ify_davies\/2021\/09\/20\/Buhari-Obasanjo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"383\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Afolabi Hakim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Afolabihakim\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Afolabi Hakim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2023\\\/09\\\/05\\\/buhari-spent-nigerias-money-recklessly-obasanjo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2023\\\/09\\\/05\\\/buhari-spent-nigerias-money-recklessly-obasanjo\\\/\"},\"author\":{\"name\":\"Afolabi Hakim\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11c3572b598054b7529a9e48ca435c27\"},\"headline\":\"Buhari spent Nigeria&#8217;s money recklessly; 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