
President Muhammadu Buhari has said Nigeria is now a poor country. His Special Adviser on Media and Publicity, Mr Femi Adesina disclosed this in a press statement today.
Buhari who spoke while receiving the Executive Director of the United Nations Population Fund, Prof. Babatunde Osotimehin in his office in Abuja ascribed Nigeria’s new status to the sharp decline in the country’s revenue from oil.
According to Buhari: “It has been a very difficult year for Nigeria. Before we came to office, petroleum sold for about $100 per barrel. Then it crashed to $37 and now oscillates between $40 and $45 per barrel.
“Suddenly, we’re a poor country but commitment to transparency and accountability is not making people know that there is severe shortage.”
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