Former President Olusegun Obasanjo has criticised President Bola Tinubu over his remark that borrowing is just not leprosy, describing the place as “absolute nonsense”.
Obasanjo spoke on Friday in Abeokuta, Ogun State, on the Ajibosin Platform, a public discussion board theme “Leveraging Artificial Intelligence to solve grassroots problems and accelerate National Development.”
In April, Tinubu mentioned his administration would proceed to borrow each time vital, insisting that it shouldn’t be considered negatively.
Tinubu spoke on the State House throughout a gathering with Plateau leaders led by Caleb Mutfwang, the governor, and Nentawe Yilwatda, nationwide chairman of the All Progressives Congress (APC). “If we’ve to borrow, we borrow.
Borrowing is just not leprosy, we simply should work exhausting to have the ability to pay for it,” the president had mentioned. His remarks got here amid rising public concern over Nigeria’s rising debt burden and the growing share of nationwide income dedicated to debt servicing.
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