Former President Olusegun Obasanjo has asserted that his tenure was among the best in Nigeria’s history. Speaking in Abeokuta on June 18 at the Safe Online Youth Fellowship Bootcamp organized by NerdzFactory Company and supported by Meta, held at the Youth Development Centre within the Olusegun Obasanjo Presidential Library (OOPL), Obasanjo highlighted key achievements of his administration from 1999 to 2007.
Obasanjo emphasized his role in liberating Nigeria from significant debt, expressing pride in the celebration of 25 years of uninterrupted democracy, which commenced with his election in 1999.
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He stated, “When I came in as elected President, I wanted to get debt relief because we were spending $3.5 billion every year servicing debt and the quantum of the debt was not going down. Today, I can say that I made Nigeria better than I found it from an economic perspective.
“I found $3.7 billion in the reserves and we were spending $3.5 billion to service our debt. By the time I left, we had a debt of about $36 billion with the debt relief, and I left with a debt of $3.6 billion. Also, I left a reserve of over $50 billion. I also achieved excess crude for the country worth over $25 billion.”
