BABATUNDE FASHOLA BLAST OLUSEGUN OBASANJO~details below

If I had the 12 billion naira at my disposal like the Olusegun Obasanjo administration in 2005 I would have built more roads and rails

Minister of works and housing Babatunde Fashola blamed ex president Obasanjo Administration for the current situation of Nigeria today

According to Fashola, previous governments which he said had access to lot of money under-invested in the country’s infrastructure

The former Lagos State governor, who has been minister under the present administration since its inception in 2015 made this statements 

In 2005/2006, the Paris Club wrote off $18 billion or 60 per cent of the $30 billion Nigeria owed the cartel, after months of negotiations 

A development touted as one of the biggest achievements of the Obasanjo administration

Rather than deploy the funds prudently the Obasanjo government decided to pay the country’s creditors to the detriment of the country

Insisting that today, Nigeria has gone back to borrowing because the governments in the past ignored investment in infrastructure.