Former President Olusegun Obasanjo has criticised President Bola Tinubu over his remark that borrowing shouldn’t be 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 every time needed, insisting that it shouldn’t be seen 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 now we have to borrow, we borrow.
Borrowing shouldn’t be 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 rising share of nationwide income dedicated to debt servicing.
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