The National Security Adviser, Nuhu Ribadu, lamented that the current administration inherited a bankrupt country, leading to significant budgetary constraints.
Speaking at the Chief of Defence Intelligence Annual Conference 2023 in Abuja, Ribadu disclosed that the revenue generated by the Bola Tinubu-led administration is primarily used to repay the country’s debts.
Despite the financial challenges, Ribadu reassured that the Federal Government remains committed to ensuring a robust and viable defense management and security apparatus in the country.
He acknowledged the difficult situation inherited, emphasizing the ongoing efforts to meet the armed forces’ requirements, despite limited resources.
Ribadu acknowledged, “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!”
He commended the armed forces’ commitment under the current leadership and called for collective support to address security challenges. Ribadu urged unity and support for the armed forces in securing the country for peace and stability.
In conclusion, he expressed optimism about the country’s future, stating, “With the support and the resolve of the leadership we have today in our country, things will only be better.”
