President Muhammadu Buhari has said that militants were unleashed on his administration, thus daily crude oil production dropped from 2.1m barrel daily to half a million.
Buhari, who stated this Thursday while hosting the leadership of the country’s organised labour, said despite the little revenue being generated, his administration was working hard to address the challenges facing the country
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Because some of the roads, especially the main ones, from here to Onitsha, to Port Harcourt since PTF days not to talk of new ones. Monies they earned from petroleum in 16 years. You know the rail was virtually gone and power, I asked where is the power? They spent $16bn on power and Nigerians are asking, where is the power? So unprecedented, irresponsible expenditure.
“Oil Production from 2.1m barrels per day went down to half a million. The militants were unleashed on this administration, and yet as confirmed by your leader, we had to ensure pensioners, who were dying, collect their entitlements. So really, there were terrible management of this country in last 16 years and we are just trying to make up,” he said.
In his remarks, the president of the Nigeria Labour Congress (NLC), Ayuba Wabba thanked the president for granting bailout to states to pay workers salaries.