President Muhammadu Buhari has hit former Presidents Olusegun Obasanjo and Goodluck Jonathan.
He said their governments presided over the near collapse of the economy.
Buhari made the claim in his Independence Day broadcast on Thursday, while highlighting efforts his government is making to salvage the system.
Although he did not specify the names of the former leaders, he said their governments were negatively impacted the economy.
He said, “Our government is grappling with the dual challenge of saving lives and livelihoods in face of drastically reduced resources.
“In this regard, sustaining the level of petroleum prices is no longer possible. The government, since coming into office has recognized the economic argument for adjusting the price of petroleum. But the social argument about the knock-on effect of any adjustment weighed heavily with the government.
“Accordingly, in the last three years, we have introduced unprecedented measures in support of the economy and to the weakest members of our society in the shape of:
a. Tradermoni
b. Farmermoni
c. School Feeding Programme
d. Job creation efforts
e. Agricultural intervention programmes
“No government in the past did what we are doing with such scarce resources. We have managed to keep things going in spite of the disproportionate spending on security. Those in the previous Governments from 1999 – 2015 who presided over the near destruction of the country have now the impudence to attempt to criticize our efforts.”
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