President Olusegun Obasanjo has accused President Goodluck Jonathan of squandering $25 billion crude oil savings left behind by his administration.
According to the Vanguard, Obasanjo made the allegation while hosting the South West women leaders at his residence in Abeokuta in Nigeria.
He described Goodluck Jonathan’s administration as full of impunity.
Obasanjo claimed that more than $25billion inherited by his successor, Musa Yar’Adua, was raised to $35 billion but the Jonathan administration squandered all.
Angered by what he perceived as the frivlous expenditure of the Jonathan administration, former President Olusegun Obasanjo criticised President Goodluck Jonathan, accusing him among other things of squandering $25billion crude oil savings left behind by his administration.
Last year, Obasanjo repeatedly accused Goodluck’s government of promoting corruption, and failing to provide security for Nigerians.
He however clarified that he was not fighting the President, nor was Jonathan fighting him.
He said he was more concerned about the interest of the country.
The former president also expressed concerns over Nigeria’s economy, saying it shouldn’t have been this bad.
By: Marian Efe Ansah/citifmonline.com/Ghana