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Crashed Oil price has made Nigeria a poor Country-- Pres. Buhari

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Thursday, 11 August 2016
President Buhari today said the sudden fall in oil price in the
international market has made Nigeria to become a poor
country. He said this while speaking at a meeting with the
executive director of the United Nations Population Fund
(UNFPA) and under secretary-general of the United Nations,
Babatunde Osotimehin, at the state House Abuja today
August 11th.

   “It has been a very difficult year for Nigeria. Before we
came to office, petroleum sold for about $100 per barrel.
Then it crashed to $37, and now oscillates between $40 and
$45 per barrel. Suddenly, we’re a poor country, but
commitment to transparency and accountability is not
making people know that there is severe shortage.”he said


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