Tinubu has reduced Nigeria’s debt by $16 billion, says Reno Omokri

A former presidential aide, Reno Omokri, has declared that Nigeria’s total debt has dropped by $16 billion under President Bola Tinubu.

In a post on X, Omokri said the nation’s indebtedness fell from $113 billion, inherited from former president Muhammadu Buhari, to $97 billion under Tinubu.

He cited data from the Debt Management Office (DMO) to back his claim.

His words: “President Jonathan handed over a total debt of $63 billion to General Buhari. General Buhari handed over $113 billion in debt to President Tinubu.

“President Bola Tinubu has reduced Buhari’s $113 billion debt to $97 billion. Only two civilian administrations have ever reduced Nigeria’s debt: the Obasanjo government and the Tinubu administration.”

Omokri accused opposition-linked media of misinforming the public on Nigeria’s debt profile and urged Nigerians to “focus on the truth”.