Muhammadu Buhari, the outgoing President of Nigeria has tweeted on the achievements of his administration in his tenure.
One of the achievements he had congratulated himself on was doubling Nigeria’s stock of infrastructure to GDP from an estimated 20 per cent to over 40 per cent, at a time when global oil prices crashed to almost zero.
Buhari had then emphasised on the fact that the above accomplishment had occurred during the 2020 pandemic & lockdown when the country had encountered an unpredicted recession.
“So, as we look at Nigeria’s debt profile, I urge us to also examine the assets and investment profiles, some of which were paid for by debt and investment income.”
Buhari had then concluded his tweet by stating that without investing in infrastructure, the pathway out of poverty would be a very tough path.
