IBB, Obasanjo, Jonathan, Others Wasted $982.8bn Oil Revenues – Osinbajo
Osinbajo said, “Under the IBB/Abacha administrations (1990 – 1998), Nigeria realized $199.8bn.
“Under the Obasanjo/Yar’Adua governments (1999-2009), the country got $401.1bn.
“During the Jonathan administration (2010-2014), Nigeria got $381.9bn from oil revenues.
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“The question that we must all ask is what exactly happened to resources? The question that I asked is where is the infrastructure?
“When added together, the oil revenues that accrued to the country under IBB, Obasanjo, Yar’Adua, and Jonathan amounted to $982.8bn
“One of the critical things that we must bear in mind and see is that this government, despite earning $94bn, up until 2017, we are spending more on infrastructure and capital than any previous government. So, we are spending N1.5trn on capital. That is the highest we have spent since 1990.”