Minister of works and former governor of Lagos state, Babatunde Fashola said former President Goodluck Johnathan only conceded defeat after the 2015 elections because he knew the nation would witness economic recession soon.
He said this at a South-west town hall meeting, Fashola also said that Jonathan only relinquished power because he wanted to avoid being at the helm of affairs during the recession.
According to Premium times, 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.