Plateau State Governor Caleb Mutfwang has accused the administration of former President Muhammadu Buhari of selling Nigeria’s future crude oil in advance, saying President Bola Tinubu’s government is now servicing the resulting obligations.

Mutfwang made the remarks on Monday during the inauguration of the All Progressives Congress (APC) Campaign Council in Jos, where he defended the economic reforms introduced by the Tinubu administration.

He said the previous government left the country’s economy in a difficult position, alleging that it had resorted to printing more than N30 trillion to manage its finances.

The governor also claimed that crude oil yet to be extracted had been sold in advance, leaving the current administration with outstanding obligations.

He said the country could not expect an immediate economic recovery while dealing with the consequences of those arrangements.

Mutfwang further alleged that the previous administration borrowed money to pay fraudulent fuel subsidy claims supported by fictitious documents.

He described the former subsidy arrangement as unsustainable, arguing that the government had to discontinue it to prevent further financial losses.

The governor, however, acknowledged that the removal of the subsidy and other economic adjustments had increased the cost of living, noting that petrol was now more readily available despite its higher price.

He also cited improvements in Nigeria’s foreign reserves and the stabilisation of the Central Bank as developments under the current administration.

On measures taken by his government to ease the impact of economic reforms in Plateau State, Mutfwang highlighted the introduction of metro buses, the revival of the railway system in Jos and a 50 per cent reduction in tuition fees at state-owned tertiary institutions.

He added that student allowances had been increased by about 300 per cent, while residents had also benefited from the Federal Government’s student financing initiatives.

The governor urged APC campaign council members to communicate the administration’s policies and achievements to the public, while acknowledging continuing concerns over insecurity and economic hardship.

He also called for political cooperation and respect for power rotation between the northern and southern regions of the country.