Former President of Nigeria, Goodluck  Ebele Jonathan, has pointedly debunked the claim by his  successor , Muhammadu Buhari, of having left an empty treasury for the new administration. Speaking at an interview conducted by Bloomberg, London

on Monday 6th June 2016, Mr Jonathan said it was out of the realm of possibility for the Buhari led administration to have inherited an empty treasury, only  for it to later assist cash-strapped states with a bailout package. An event that happened a few months after President Buhari assumed office.

Ex-president Jonathan based his rebuttal on the fact that the Nigeria economy had recorded steady growth over the last couple of years and was a fairly robust one. In a quote he made, Mr. Jonathan stated-“…But sometimes we over politicize issues and make situations look so bad, but it was not that bad. No, not  all!”

The issue of what was left in the nation’s coffers has been the subject of intense debate and conjecture. President Buhari had, in a meeting with State House Correspondents on June 6, 2015, stated that indeed the Nation’s treasury was empty. Only recently, on Thursday May 6th 2016, Minister of Finance, Kemi Adeosun  maintained this same position, at an interview on  the Channels Television program Sunrise Daily, whilst fielding questions on the economy.

president buhari
AFP PHOTO / ERIC PIERMONT (Photo credit should read ERIC PIERMONT/AFP/Getty Images)

However, a former minister and past chairman of the National Planning Commission (NPC), of the immediate past administration, Abubakar Suleiman , stated in no uncertain terms that the Jonathan Presidency bequeathed close to 30 billion USD  to the present administration on May 29th, 2015.

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