$1.25bn World Bank loan: ‘Tinubu’s debt addiction economic vandalism’ — Atiku

Atiku Abubakar, erstwhile vice president, has expressed sedate interest implicit reports that the Federal Government is successful discussions with the World Bank for yet different $1.25 cardinal indebtedness facility.
Atiku made this known successful a connection by his spokesperson, Olusola Sanni.

This comes amid the country’s rising debt.

President Bola Ahmed Tinubu had support for a caller $1.25 indebtedness from the World Bank. The improvement had stirred reactions from Nigerians.

Reacting, Atiku said if the indebtedness is concluded, Nigeria would fertile among the largest caller borrowings nether the existent administration.

Atiku said it is some troubling and unconscionable that an medication that promised economical renewal has alternatively go synonymous with industrial-scale borrowing, without immoderate corresponding betterment successful the regular lives of Nigerians.

“This borrowing binge is becoming reckless, opaque, and dangerously habitual. The loans are coming with a load of value excessively dense for Nigerians to bear. Nigerians were told these loans were for infrastructure, power, and eco...