Nigeria under Buhari spends 60% of her revenue servicing debt – Reno Omokri

Bemigho Reno Omokri is an author and lawyer who worked as a Spokesman under President Goodluck Jonathan. The Debt Management Office (DMO) has debunked a recent statement reportedly made by. Obadiah Mailafiya, a former deputy governor of the Central Bank of Nigeria (CBN), to the effect that the All Progressives Congress (APC) administration under President Muhammadu Buhari inherited a debt stock of less than $7 billion in 2015, which according to him, now stands at $84 billion. According to reports, the DMO noted that the purported claim was totally incorrect and not supported by public debt data that is readily available on its website. The DMO stated that it considered it expedient at this time, in the interest of the general public to make some clarifications regarding Nigeria’s public debt. Well joining us later from our London studio to discuss this and more is author and lawyer Reno Omokri

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