President Muhammadu Buhari has, for the first time since he assumed power in 2015, identified the treasury looters who are now facing various corruption charges as those responsible for the resurgence of Niger Delta Militants that have been blowing up oil installations to sabotage the economy.
He said: “those who stole Nigeria dry are not happy. They recruited the militants against us in the Niger Delta, and began to sabotage oil infrastructure. “We lose millions of barrels per day, at a time when every dollar we can earn, counts.”
President Buhari, who spoke today when he had a meeting with various Nigerian professionals living in the United States of America, regretted that despite the huge money earned from oil when the going was good for Nigeria, very little was done to make the country great.
“It is a disgrace that a minimum of 27 states, out of 36 that we have in Nigeria, can’t pay salaries.
President Buhari narrated how Nigeria got to the present sorry state of the economy, saying: “we got into trouble as a country, because we did not save for the rainy day. For example, between 1999 and 2015, when we produced an average of 2.1 million barrels of oil per day, and oil prices stood at an average of $100 per barrel, we did not save, neither did we develop infrastructure. Suddenly, when we came in 2015, oil prices fell to about 30 dollars per barrel.
“I asked; where are the savings? There were none. Where are the railways? The roads? Power? None. I further asked; what did we do with billions of dollars that we made over the years? They said we bought food. Food with billions of dollars? I did not believe, and still do not believe.
“In most parts of Nigeria, we eat what we grow. People in the South eat tubers, those in the North eat grains, which they plant, and those constitute over 60 per cent of what we eat. So, where did the billions of dollars go? We did a lot of damage to ourselves by not developing infrastructure when we had the money.”
Buhari regretted also that the immediate past leader made nonsense of the nation’s once bubbling military, especially in the fight against the Boko Haram insurgents.
“Talking of our military, they earned respect serving in places like Burma, Zaire, Sudan, Liberia, Sierra-Leone, and then, suddenly, that same military could no longer secure 14 out of 774 local governments in the country. Insurgents had seized them, calling them some sort of caliphate, and planting their flags there; till we came, and scattered them.
“We raised the morale of our military, changed the leadership, re-equipped and retrained them; USA, Britain, and some other countries helped us, and today, the pride of our military is restored.
“Boko Haram ran riot, killing innocent people in churches, mosques, markets, schools, motor parks, and so on. And they would then shout Allahu Akbar. But if they truly knew Allah, they would not do such evil. Neither Islam, nor any other religion I know of, advocates hurting the innocent. But they shed innocent blood, killed people in their thousands. Now, we have dealt with that insurgency, and subverted their recruitment base.” [myad]