President Muhammadu Buhari has said that economically and security wise, Nigeria is in trouble because things have degenerated to the extent that everyone is misbehaving at will.
Buhari who said this during his meeting with the National Peace Committee also announced that in the next few weeks, the trial of all those who looted Nigeria's funds will begin.
In a statement by the President's media aide, Femi Adeshina, the President was quoted as saying "We have really degenerated as a country. Our national institutions, including the military, which did wonderfully on foreign missions in the past, have been compromised. But we are doing something about it. The military is now retraining and morale has been resuscitated.
"As Petroleum Minister under Gen. Olusegun Obasanjo in the 1970s, I could not travel abroad until I had taken a memo to the Federal Executive Council asking for estacode. Now, everybody does what he wants.
"That is why security-wise and economically, we're in trouble.
"Those who have stolen the National Wealth will be in court in a matter of weeks and Nigerians will know those who have short-changed them."
