Connect with us

NEWS

When Oil Sold Above $100, Jonathan’s Govt Owes Debts All Over But With Lean Funds, Buhari Is Doing Well – Osinbajo

Published

on

 

Acting President, Prof. Yemi Osinbajo has said President Muhammadu Buhari-led administration is currently faring better in terms of infrastructural development of the country than previous administration of former President Goodluck Jonathan even when crude oil sold over $100 per barrel in the international market at that time.

Osinbajo stated this on Sunday at the Presidential Villa while playing host to Dr. Oluyinka Olutoye, Houston, US-based Nigerian doctor who successfully led a medical team that operated on a foetus, winning US and global acclaim for the feat.

According to the Acting President, availability of resources is not the issue, but it is all about the management of what is available.

“When we were making over a $100 per barrel, we were owing oil JVC cash calls, not able to pay salaries and owing contractors. Now that we are down in earnings by 60%, we have sorted out the problem of cash calls and are able to support states to pay salaries,” he said.

In a statement issued on Sunday by his spokesman, Laolu Akande, Osinbajo said that the feat of the Nigeria-trained doctor is remarkable in every sense and would make people wonder how bless is the country saying that Nigeria can be well run if good men and women give patriotism priority.

Acting President said, “This country can be well run, we produce the best in every way, but it will take a lot of doing, by good men and women. This is what I have learnt in the past over two years here. If we do the right things, day by day, we’ll change and improve the Nigerian situation significantly.

Olutoye brought out a foetus from a mother-Margaret Boemer’s womb to remove a tumour from the foetus, and then restored the unborn baby to the womb successfully. The mother then continued to carry the pregnancy to term, and later on, delivered the baby safely and well.

Advertisement

Speaking earlier, Dr. Olutoye, who was accompanied to the Presidential Villa by members of his family including his wife and parents, attributed his medical successes in the US to his Nigerian training and education up till the university. He is a graduate of Medicine from the then University of Ife.

“All we have achieved from primary to university is from Nigeria, and I believe that Nigeria will surpass what we have achieved out there,” he declared.

Continue Reading
Advertisement
Click to comment
FEATURED14 minutes ago

FG Inaugurates Technical Committee to Review $200bn Proposed Integrated Gas, Powwr and Rail Projects

FEATURED30 minutes ago

N5,000 Note Featuring President Tinubu’s Image Fake – CBN

BUSINESS2 hours ago

Delta Highlights Maritime Potential to Attract Investors at Abuja Blue Economy Summit

FEATURED3 hours ago

EFCC Busts Yahoo Academy in Abuja, Nabs 31 Suspects

FEATURED8 hours ago

Alleged N3.6Bn Fraud: EFCC Appeals Acquittal of Former NDDC Director, Omatsuli, Three Others

FEATURED16 hours ago

‘We Run Decentralized Pipeline Security Operations’, Says Tantita’s MD Pondi

NEWS24 hours ago

Pipeline Security Has Boosted Oil Production, Says NNPCL GCEO Ojulari

FEATURED24 hours ago

Delta Police Foil Robbery in Agbor, Arrest Suspect, Recover Battle Axe, Firearm

FEATURED1 day ago

A’Court Upholds Conviction of Philemon Ibrahim Gora for Alleged N11bn Fraud Linked to Ponzi Scheme

FEATURED1 day ago

Football Agent in EFCC Net for Alleged N11m Fraud

BUSINESS1 day ago

Delta Moves to Build Its Own Grid as Oborevwori Seeks Partnernership With Energy Experts

Helicopter crash
BUSINESS1 day ago

NNPCL Launches Cawthorne Crude onto Global Market, Exports First Cargo to Netherlands

FEATURED1 day ago

Itsekiri Coalition Back Tantita, PINL, Call for Centralized Pipeline Security, Oppose Decentralization

OPINION2 days ago

BRUNO ANAMOSA: WHY NED NWOKO DESERVES A FAIR ASSESSMENT BY ANIOMA PEOPLE, BY CHIDI CHUKWUTEM

NEWS2 days ago

Isoko North Chairman Presents N15.7bn Budget to Legislative Arm for Approval

Advertisement
Advertisement

z