Former military president, Ibrahim Badamosi Babangida (IBB), has justified his administration’s spending of the $12.4 billion oil windfall, insisting that the funds were used for national development projects rather than mismanaged, as widely alleged. 9jalead Official understands that Babangida made this known in his newly released autobiography, ‘A Journey of Service’, where he detailed how his government handled the meteoric rise in crude oil revenue between 1988 and 1994....CLICK HERE TO CONTINUE READING.>>
Just In: Babangida Defends $12.4 Billion Oil Windfall Spending, Blames Profligacy For Nigeria’s Economic Woes
