Amaechi Says Nigeria Is Broke

The Rivers State Governor, Rotimi Amaechi, has declared that Nigeria is broke and blamed the inability of the state and others to pay workers’ salaries and pensions on the nation’s current poor financial condition, Punch reports.


Amaechi said that the nation’s economic condition could be noticed through the dwindling statutory monthly allocation usually received by the state from the Federal Government.

Speaking during a thanksgiving service organised by the governorship candidate of the All Progressives Congress, Dr. Dakuku Peterside in Port Harcourt on Sunday, the governor recalled that he was described as an alarmist last year when he cried out over Nigeria’s poor financial state.

Amaechi pointed out that the nation’s economy had continued to fall since he made the statement in December 2014.