He ascribed the current monetary test to the mismanagement of the past organization drove by Goodluck Jonathan.
He said even governors chose on the stage of the Peoples Democratic Party, which administered the nation in the most recent 16 years concurred with their partners from different gatherings that the "test today is as a consequence of misuse of yesterday".
Oshiomhole talked with State House journalists not long after a meeting he had with President Muhammadu Buhari at the Presidential Villa, Abuja.
He said he and five of his partners had before met with Buhari on Tuesday to talk about the colossal difficulties being confronted by a number of the states.
Part of the issue, he said, was that numerous laborers were not being paid.
As per him, once pay rates small not paid, the circumstance makes an endless loop with proprietors not getting their rents and market ladies not able to offer, prompting a discouraged economy.
He said, "These issues were talked about yesterday (on Tuesday) and as regular President Buhari has been greatly steady despite the fact that we as a whole concur including PDP governors among us that the emergency that we are being confronted was as a consequence of the mismanagement of the past.
"The test of today is as an aftereffect of the misuse of yesterday.
"In any case, inspite of that, President Buhari has been exceptionally useful. Be that as it may, for that, numerous states would have gone into emergency.
I don't realize what you will call a state that is totally ruined and bankrupt.
"We need to welcome the President for the authority he has given; I mean we as a whole have a more prominent suspicion that all is well and good today than was the situation around this time a year prior."
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