By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Friday, Jul 10, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Hot NewsNigerian economyPolitics

Buhari inherited $63bn debt, Buharists respond to Atiku over claim that Buhari took more loan in 3 years than PDP in 30 years

9News Nigeria
Last updated: December 3, 2019 4:58 pm
By 9News Nigeria
Share
3 Min Read
Buhari-and-Atiku
Buhari-and-Atiku
SHARE

Kamarudeen Ogundele, Abuja

The Buhari Media Organisation has faulted former Vice President Atiku Abubakar’s assertion that President Muhammadu Buhari’s administration took more loans in the last three years than the preceding administrations did in 30 years.

The group said the claim by the Peoples Democratic Party’s presidential candidate in the 2019 general elections was a co-mixture of “outright lies and conjectures.”

Former PDP presidential aspirant Atiku Abubakar and APC presidential candidate , President Muhammadu Buhari
Former PDP presidential aspirant Atiku Abubakar and APC presidential candidate , President Muhammadu Buhari

In a statement signed by its chairman, Niyi Akinsiju; and secretary, Cassidy Madueke, the group said Atiku had “a penchant for twisting facts for political expediency.”

It cautioned the former Vice President to always check his facts and figures before making them public.

The BMO accused Atiku of hiding under the banner of Prof. Anya O. Anya of the Nigeria Economic Summit Group “to add credibility to a false narrative on the country’s debt profile.”

Opinion: Why Nigerians Must Stop Rejecting Valid ₦100 Notes
2027: APC Chairman inaugurates ‘President Tinubu Door-to-Door Movement’
Gbajabiamila Gate: Inside the ₦1.3bn ‘Ghost’ agency PFIPC mystery
No ₦8tn was spent outside Budget — FG Insists

The statement said, “We are alarmed that a personality of the calibre of a former Vice President would go to the extent of playing up unverified information at a forum like that of a university, even if he owns the institution.

“We recognise that Alhaji Atiku Abubakar is still bitter about the 2019 presidential election that he lost fair and square, but he doesn’t have to lie about something as serious as the country’s debt stock.

“For the avoidance of doubt, Vice President Yemi Osinbajo once made it clear that the Buhari administration inherited a debt of $63bn from the government of former President Goodluck Jonathan.

“He also said the same thing at a function at the University of Ibadan, where he added that the debt rose to $73bn in 2018, with a meagre $10bn under Buhari’s watch.

“The breakdown presented by Prof. Osinbajo showed that Nigeria’s debt stood at $35bn in 2010, $41bn in 2011, $48bn in 2012, $64bn in 2013 and $67.7bn in 2014; but as at handover, it was $63.8bn.

“Fact-checkers have also cross-checked the position of Vice President Osinbajo on the debt profile, using data from the Debt Management Office and found it to be correct.

“We invite Nigerians to note that President Buhari was not in power when the country’s debt climbed to that level.”

Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
By9News Nigeria
Follow:
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
Previous Article Gammy 1472x1472 Meet Gammy; The Ambitious Agama Lizard & Star of Nigeria’s First 3D Full-Length Animation Feature, featuring Pete Edochie, Joke Silva, MI Abaga
Next Article buhari warns Millions Of Nigerians Will Not Have Access To Their Bank Accounts From January 2nd 2020(See Why)
Search
– Advertisement –
Latest News
  • Zulum takes governance to Southern Borno, announce jobs, met security chiefs July 9, 2026
  • APC won’t release El-Rufai until after Election — ADC Spokesperson Alleges July 9, 2026
  • 36 States, 774 LGAs, Yet No Water, No Electricity July 9, 2026
  • Soldiers now earn N100,000 minimum monthly salary- Defence Minister reveals July 9, 2026
  • INEC: Physical Biometric Compulsory Despite CVR Extension July 9, 2026
  • Opinion: Why Nigerians Must Stop Rejecting Valid ₦100 Notes July 9, 2026
  • EFCC Arraigns Ex-Access Bank Staff Over Alleged N294.5 Million Theft July 9, 2026
  • Tinubu to Overhaul Criminal Justice System, seeks Repeal of ACJA 2015 July 9, 2026
  • Three killed as gunmen launch fresh attack on Plateau community July 9, 2026
  • Wike Defends Gbajabiamila, Dismisses Calls for His Sack Over PFIPC Allegations July 9, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Atiku Abubakar and Rotimi Amaechi
OPINIONNigeria Politics

2027 poll: Amaechi perfect pick to pair Atiku for President

July 2, 2026
Former Science Minister Uche Nnaji
Breaking NewsHot News

DSS arrests former science minister Uche Nnaji

July 1, 2026
FG
NationalNigeria News

FG to boost Blue Economy with ₦286bn Maritime Projects

June 30, 2026
Screenshot 20260628 182725
Hot News

CHILD DEFILEMENT: Court Questions Police Over Missing Suspect in Imo

June 28, 2026
FB IMG 1782586739482
Hot News

Agbaso Sparks 2027 Imo Governorship Debate

June 28, 2026
1003503707
Breaking NewsHot News

BREAKING!!! Court Nullifies NDC Registration

June 26, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Crime and Investigation
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?