President Muhammadu Buhari, on Thursday said he almost abandoned Nigeria when he assumed office on May 29, 2015.

Buhari made the remark while receiving annual report from the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Plateau State at the presidential villa, Abuja.

The President explained that his decision was due to empty treasury he inherited from his predecessor, Goodluck Jonathan.

He disclosed that he was bewildered to notice that despite the rising cost of crude oil from which Nigeria made a fortune, the treasury was empty.

“I felt like absconding from the country due to the economic challenges.. We inherited a badly managed economy”, he said.

Buhari had recently said the ‎administrations of the Peoples Democratic Party, PDP, which ruled Nigeria for 16 years, failed in all areas .