Politics

Crashed oil price has made Nigeria a poor country – Pres. Buhari

President Buhari yesterday said the sudden fall in oil price in the international market has made Nigeria to become a poor country. He said this while speaking at a meeting with the executive director of the United Nations Population Fund (UNFPA) and under secretary-general of the United Nations, Babatunde Osotimehin, at the state House Abuja yesterday August 11th

“It has been a very difficult year for Nigeria. Before we came to office, petroleum sold for about $100 per barrel. Then it crashed to $37, and now oscillates between $40 and $45 per barrel. Suddenly, we’re a poor country, but commitment to transparency and accountability is not making people know that there is severe shortage.”he said

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