NewsBuhari Left Behind $113bn Debt For Tinubu

Buhari Left Behind $113bn Debt For Tinubu

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Social media personality, Remo Omokri has claimed that the late President Muhammadu Buhari left beind a huge debt for the administration of Bola Ahmed Tinubu, contrary to suggestions that the latter accumulated more debt for the country.

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According to Omokri, a former aide to President Goodluck Jonathan, the Tinubu administration inherited $113 billion debt which its now reduced to $97 billion.

The controversial critic , in a post he shred on his verieie X handle on Tuesday, stated that the opposition are only trying to twist the fact to deceive Nigerians that the Tinubu administration is responsible for the huge debt profile of the country.

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Omokri spoke on the heels of a remark by the Speaker of the House of Representative, Tajudeen Abbas lamenting the nation’s dent overhang.
The Speaker who spoke on Monday called on Nigeria and other African leaders, to act on their Debt-to-GDP which has been on the rise.

The magazine reports that the Debt Management Office, DMO, currently put Nigeria’s total debt at over $97 at as the first quarter of 2025.

In the message he shared on X Omokri said the truth is being hidden from Nigerians, the efforts of President Tinubu to reduce the high debt, saying Tinubu and Obasanjo are the only leaders who have tried their best in reducing the country’s debt.

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He notes: “President Bola Tinubu has reduced Buhari’s $113 billion debt to $97 billion. Only two civilian administrations have ever reduced Nigeria’s debt: the Obasanjo government and the Tinubu administration.”

Recall that the administration of former President Obasanjo had while in power received billion of dollars debt forgiveness from the Paris and London club.
The debt has since skyrocket as successive administration, including the incumbent have been borrowing funds locally and internationally.


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