Former President Goodluck Johnathan just conceded defeat after the 2015 races since he
knew the country would encounter terrible economy meltdown soon, minister of works, Fashola, has uncovered.
He said this, on Thursday, at a South-west town corridor meeting. He included that Jonathan just surrendered power since he needed to abstain from being in charge of issues amid the recession .
According to Premiumtimes, Fashola revealed the Goodluck government not only plunged the nation into recession but pushed it into debts.
What was left behind were massive debts owed to contractors who had not been paid for three to five years and who had laid off thousands of workers and shut down equipment and plants.
That was one of the reasons why the economy first went into, and, I suspect, one of the reasons they (Goodluck administration) quickly conceded defeat,” he said.