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Nigeria inherited a bankrupt country from Buhari – NSA Ribadu

The National Security Adviser, Nuhu Ribadu, has disclosed that President Bola Tinubu’s administration inherited an empty treasury from his predecessor, Muhammadu Buhari.

He said this in Abuja on Monday when he spoke at the Chief of Defence Intelligence Annual Conference 2023 themed: “Leveraging Defence Diplomacy and Effective Regional Collaboration for Enhanced National Security”.

“I assure you that the federal government will not rest on its oars in ensuring a robust and viable defence management and security apparatus to address contemporary challenges even in the face of enormous budgetary constraints.

“Yes, we’re facing budgetary constraints. It is okay for me to tell you. Fine, it is important for you to know that we have inherited a very difficult situation, literally a bankrupt country, no money, to a point where we can say that all the money we’re getting now; we’re paying back what was taken. It is serious!

“But this administration is doing its best to meet our requirements, particularly the armed forces, and I believe that you leaders will be able to testify to that.”

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