Buhari’s Desperation For Loans Will Soon Force Nigeria To Start Borrowing From Togo – PDP

The Peoples Democratic Party and the All Progressives Congress on Wednesday criticised each other over the Federal Government’s 2021 proposed N6.17tn loans.

The PDP’s spokesman, Kola Ologbodiyan, in an interview with Punch, said the regime of the President, Major General Muhammadu (retd.), had an insatiable appetite for loans.

He said, “It ( the plan to get more loans) is the height of insensitivity. The Buhari regime’s insatiable appetite for loans is unequalled in our national history.

“Nigerians have yet to recover from the news of the mortgaging of our sovereignty to the Chinese in exchange for loans, now, we are looking for loans from Brazil.

“At the rate this regime is going, we may soon be borrowing money from Togo. What has the Buhari regime done with all the money it has borrowed since 2015? The other day, they told Nigerians they want to borrow money to construct railway lines to Niger Republic.

“We expect the National Assembly to demand that the regime account for all the loans it has collected in the name of this country since 2015 before entertaining any such request.

“We also expect the National Assembly leadership to look beyond partisan politics and consider the future of this country in taking decisions. Acting as a rubber stamp to the executive in such matters, is certainly not in Nigeria’s best interest,” the party said.


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