Obasanjo claimed that the more than $25billion inherited by his successor, Musa Yar’Adua, was raised to $35 billion but the Jonathan administration squandered all, including also the $40billion in Nigeria’s foreign reserve account after paying the outstanding debt at the time.
According to him, former President Yar’adua also raised the reserves to $60billion, but under President Jonathan, the reserves plummeted.
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