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Former Pres. IBB Reportedly Describes Himself as “A Saint”



IBBFormer military president of Nigeria, Gen. Ibrahim Babangida (IBB) reportedly described himself as ” a saint” when comparing the rate at which Nigeria progressed during his administration versus the current state of the country.

According to Vanguard, Babangida made the remarks in an interview published in the latest edition of the Economic and Financial Crimes quarterly magazine, Zero Tolerance, which they obtained a copy of.

In the publication, IBB is said to have stated that he was able to adequately manage the economy and still ensure that a surplus was left in the treasury, despite having a “paltry” $7 billion oil revenue.

“Maybe I have to accept that but anybody with a sense of fairness has no option but to call us saints. I give you an example, in a year; I was making less than $7 billion in oil revenue but in the same period there were governments that were making between $200 billion and $300 billion.

With $7 billion, I did the best I could but with $200 billion there is still a lot to be achieved. I don’t have all the facts but if what I read in the papers is what is currently happening, then I think we were saints,” he allegedly stated.

The report further states that IBB decried the current N193-$1 exchange rate, emphasizing that during his administration, the exchange rate was N22 to $1.

He also reportedly denied mismanaging the $12.4 Gulf War oil windfall, stating that he used the funds for “regenerative investments” including the building of Abuja City, the Lagos Third Mainland Bridge, and other infrastructures.

“I am not an economist but I have an understanding of what this is. Our argument then was if you have the money then why keep it and be looking at it when you have a lot of things to do that will benefit the ordinary man? So that money was not stolen.

“Let us take Abuja for example. I built it. Today, we have a brand new capital; we used that money. I gave you a Third Mainland bridge, Lagos, which you cannot build today with all the money that Nigeria is making,” he said.

When asked about the June 12 election, he reportedly said: “All those who fought for June 12 ended up serving the military government they didn’t like and that perpetuated a longer stay of the military in government.”


  1. me12u

    January 6, 2015 at 10:17 am

    These old fools, they keep insulting our intelligence. Imagine this hag claiming to be saint!! Obasanjo accusing GEJ of corruption!! GMB coming to rule us again!! I dont blame them rather I blame any young guy/girl supporting this hag. These old hags took our and the remains of the future, they mortgaged it. So us, we are paying for it. GEJ however incompetent he is, he is a catalyst to move us away from the politics of the past and for that, I will support GEJ come 2015 election.

    • tee

      January 6, 2015 at 3:32 pm

      it’s amazing how confident you feel voting for someone that is INCOMPETENT (your words not mine)

  2. bamayi

    January 6, 2015 at 10:30 am

    i agree with him. 20billion(and that is the one we know) in comparison to the meager 12.4 billion he stole.. he is a saint ! …. Go IBB….

  3. hilda

    January 6, 2015 at 10:44 am

    true talk……….#corruption #gej

  4. Bam Bam

    January 6, 2015 at 11:55 am

    Ok? So, what’s d moral behind the story? You are a ‘saint’. ok!

  5. Anon

    January 6, 2015 at 12:06 pm

    In the land of the blind, the one eyed man is King. Or, so he thinks.

    • Mz Socially Awkward...

      January 6, 2015 at 2:43 pm

      Biko, which one of them is the one-eyed man?????? How can IBB be possibly referring to himself as a saint, in any context, at all???? Surely this old man is going senile, I cannot even fathom what kind of self delusion will lead a thieving despot such as this aged crook to call himself as a… I can’t even type that word out again because its mere proximity to his name is already sullying the purity of its meaning.

      Oh, Chi m o. If only thunder can just fire that his one-eye and tongue so that he can fear God when making certain statements. Chei, Nigeria has really suffered but you will all pay for your sins one day. No worry, ONE DAY!

    • Anon

      January 6, 2015 at 4:38 pm

      I will come back with another popular saying – honour among thieves!

      “If someone says there is honour among thieves, this means that even corrupt or bad people sometimes have a sense of honour or integrity, or justice, even if it is skewed.”

  6. Fatimah

    January 6, 2015 at 12:54 pm

    Well, it is the prayer of every father that his child be greater than him.

    • Colour Purple

      January 6, 2015 at 3:07 pm

      I just laughed so hard, and I’m sure I’d laugh again anytime I remember your comment.

  7. Changing Faces

    January 6, 2015 at 12:58 pm

    Our top Google searches show who we are, and the things that matter to us! We refuse to read and learn, and these criminals that built the rot called Nigeria rewrite history. Even “Bamaiyi” above agrees with him… Babangida can call someone corrupt? The true definition of corruption himself. Even Obasanjo who tried to rewrite the constitution to get a third term is also shouting corruption all over the place. It’s sad that GEJ misused the goodwill of the people; people who expected him to deal with the corrupt lords and send a strong message to those stealing the country blind. Instead he excuses corruption and rewards mediocrity. We are even considering Buhari, just to get away from the way things are now. Sad sad times

  8. KS

    January 6, 2015 at 12:59 pm

    Can you blame the man. With a government like GEJ ‘s, any previous regime is entitled to that claim, even Abacha!. Under Abacha exchange rate was N81=$1 through-out. And there was no mass murder except the ones Abacha himself perpetrated against his perceived enemies, not the innocent souls dying daily these days!!

  9. yinka

    January 6, 2015 at 1:27 pm

    Bella, i think you mean Former Military Head of State not President.

    • NagosBigBoi

      January 6, 2015 at 5:28 pm

      He is a self-titled military “president” – our only one. He chose to be addressed as president because he was planning to stay and changing his uniform to agbada.

  10. fleur

    January 6, 2015 at 2:49 pm

    The General – Here I go for a response
    We are not Economists as well but neither are we poorly informed. $7 billion in your time was the equivalent of the monies the current government is talking about in terms of buying power, adjusting for inflation over the years. So you had about the same amount of money, and perhaps a bit more. Yes, in your time there were goodies. Civil servants got their damn pay on time. You should always speak to this. IT IS A SIN BEFORE GOD TO TAKE POOR PEOPLE’S HARD EARNED MONEY. The bible says all sins are equal. I disagree when it comes to withholding a messenger’s salary for 2-3 months for election. Anyway, the gist is that paying civil servant salaries as at when due does not happen any more in some states.

    There was a bit of order in your time, more so than in a democracy. I dont know if that was your doing or the fact that Nigerians are on their best behavior when treated savagely and when they are afraid of terrible consequences. Yes, you guys were saints back then although there is no evidence that all your hands are still not in the pot eating with the current vile generation of leaders. Check out David Mark and others who remain in power as if Nigerian females have not produced any babies since 1985. It is as if after your generation, nobody else gave birth and so your cohort must rule until Nigerian women can give birth to another generation. The way the ones in power steal now is to load a truck parked in front of the state treasury with money and drive off. BOLDLY! Nobody is afraid of anyone or anything any more. Yes, you accomplished some major things. But you operated in an autocracy. That is the most effective style of governance for a boneheaded people. Unfortunately, in a democracy, all including the fundamentally mentally ill have a say. Frequently, these days they are in the driver’s seat at all levels – state, local government. Chaos and massive confusion hovers wherever they show up. [Sighing in exasperation] We are tired but the people have been castrated.

  11. Tosin

    January 6, 2015 at 5:16 pm


  12. NagosBigBoi

    January 6, 2015 at 5:42 pm

    Not to nitpick, but there is no way that adjusting for inflation makes 7 equal to 200 talk less of 300. What inflation rate are you using? I beg let us not use the mathematical equivalent of hyperbole before some people start spreading it as fact.
    Regardless, your point that he should not be pointing fingers remains valid….especially not with his mountain top home and PJ’s.

  13. Pat

    January 6, 2015 at 7:34 pm

    IBB destroyed the Nigerian economy until date. Previous presidents before him worked to build the economy after we gained independence from the British such as building industries, improving infrastructure, scholarship for every Nigerian who wanted to study abroad etc as soon as IBB took office he didn’t continue building the nation. Foolish man he recently got back to the country after going for treatment for whatever sickness he had/still have. Why don’t u use the resources u have been stealing till date to build well established hospitals so that you and every other Nigerian can have access to good healthcare services within the country. May the atrocities you have committed always follow you.

  14. jojo

    January 6, 2015 at 8:47 pm

    Saint Maradona that terrified everyone in the country. Thank you for reminding us you wear a terrifying figure. At you are smart enough not to run again

  15. T.I.

    January 10, 2015 at 9:12 am

    LMAOOO Jesus is Lord, short term memory will not destroy this country. Can’t blame him sha, he should be in jail or exiled somewhere along with others but him and his family members still roam freely and we celebrate them ever so often.

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